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The Mortgage Route A to Z
FTB

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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Letter F

FTB (First time buyer)

Or first time buyer, a person who buys a property for the first time. Some lenders offer preferential deals to first time buyers. However some lenders treat first time buyers more rigorously as they have no track record.