Learning is never easy and communications can be challenging. It has been suggested by Regulators that I use simple wording and reduce or even avoid industry terms when writing out explanations. I am sure this can seem even more complicated since my work uses the jargon of four financial industries, Investing, Insurance, Lending, and of course Financial Planning. The same word can mean some different in another context. While the suggestion of the Regulators may be a good one I am taking the liberty to agree to disagree. I feel something may still fall short of a complete understanding if I limited my use of industry terms. I suggest that it is the consumer, reading audience that has the responsibility to learn the proper terms and phraseology to understand the whole picture. This is also directly consistent with my core theme of making you more responsible and being directly involved in doing more of your own financial planning. So it is time to learn your new vocabulary words, to be able to grow to the next step. To make this as easy as possible I provide for your quick reference a Glossary of terms for each industry. You will find the buttons for each of these in the column on the right side of the page.
This Site is Not Tax or Legal Advice. Always consult Legal Counsel and Your Tax Advisor. Content of website are the sole opinions of Robert Fulton & does not necessarily reflect those of Fulton Financial Consultants, Inc.'s Investor/Lenders or insurance companies or other product vendors. Because one of my product lines is that of Reverse Mortgages I must state the following: If the borrower does not meet loan obligations such as taxes and insurance, then the reverse mortgage will have to be repaid." The Terms, benefits and features shared as accurately as possible on best efforts basis and subject to change without notice. Therefore please discuss any decision making specifics with Robert Fulton 360-222-3236. "This material is not from HUD or FHA and has not been approved by HUD or any government agency."