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