Welcome to Alpha Mortgage Corporation, your source for mortgages and home loans in North and South Carolina with offices in Wilmington, NC, Charlotte, NC, Fayetteville, NC, Asheville, NC and Greensboro, NC. We are also licensed in Florida, South Carolina & Virginia
Mortgage Glossary
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| U |
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| Underwriting
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| The decision whether to make a loan to a
potential home buyer based on credit, employment, assets, and other factors and
the matching of this risk to an appropriate rate and term or loan amount. |
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| Usury
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| Interest charged in excess of the legal rate
established by law. |
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