Home lending

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Across
  1. 3. return on investment
  2. 6. the price you pay to borrow money - you can buy this down or refinance to get this lower
  3. 7. decreasing your interest rate
  4. 8. the act of borrowing money
  5. 9. only available for veterans- 0% down payment
  6. 10. an asset or item acquired to generate income or gain appreciation
Down
  1. 1. typically 20% down payment
  2. 2. difference of home value and mortgage amount
  3. 4. first time homebuyer loan - minimum 3% down payment
  4. 5. financial institution that provides financing for purchases