Refers to paying a debt incurred for use. Meaning, you pay for what you have used rather than what you intend to use. Think of it as the opposite of rent; when you are renting, you pay for the upcoming month that you are going to use; with mortgages, you pay in arrears, which means you pay for the month you just used the home for.

Corporate Headquarters

  • 713-334-1100
  • 9700 Richmond Avenue, Suite 320
  • Houston, TX 77042
  • NMLS #2297
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