General Terms

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Across
  1. 1. credit score
  2. 6. _______ the process of preparing, submitting, and evaluating a loan application
  3. 10. _____ means transferring ownership of a property but does not make any guarantee of clear title.
  4. 11. Money earned before taxes and other deductions is called
  5. 12. ______ becomes part of the down payment
  6. 13. Place where the loans are originated
  7. 15. failure of a borrower to make timely mortgage payments under a loan agreement.
  8. 17. length A transaction between two related or affiliated parties
  9. 19. personal property permanently attached to real estate
  10. 20. Type of bankruptcy allows one to retain their assets
  11. 21. the portion of principal and interest due on a loan that is written off when deemed to be uncollectible
Down
  1. 2. fees for final property transfer
  2. 3. ______ borrower to obtain cash against the equity of a home
  3. 4. a payment plan that enables you to reduce your debt gradually through monthly payments
  4. 5. _______ is the Loan that is not guaranteed or insured by the U.S. government
  5. 7. two or more owners share equal ownership and rights to the property
  6. 8. Social Security tax is governed by _____
  7. 9. local laws established to control the uses of land within a particular area is called _______.
  8. 14. Negative
  9. 16. Borrowers primary contact
  10. 18. _____ itemizes all closing costs