Here’s the Step by Step list of List of how to Understand and Learning Real Estate Acronyms with the definitions
• 3/2 – 3 bedrooms, 2 bathrooms
• APR – Annual Percentage Rate
• ARM – Adjustable Rate Mortgage
• BA – Bathroom
• BD – Bedroom
• CMA – Comparative Market Analysis
• DTI – Debt-to-Income Ratio
• FCRA – Fair Credit Reporting Act
• FDIC – Federal Deposit Insurance Corporation
• HOA – Homeowners’ Association
• HVAC – Heating, Ventilation, and Air Conditioning
• LOC – Line of Credit
• LR – Living Room
• LTV – Loan To Value (Ratio)
• MLS – Multiple Listing Service
• NAR – National Association of REALTORS®
• POF – Proof of Funds
• RE – Real Estate
• SD – Security Deposit
