Mortgage Terms Crossword
Across
- 2. A loan secured by real estate property
- 6. The official document that pledges property as security for a loan
- 8. A loan that covers the remaining balance after a primary mortgage
- 10. Insurance that protects lenders against borrower default
- 11. The initial payment made when buying a house
Down
- 1. The person who borrows money to buy a home
- 3. The fee paid by the borrower to the lender for loan origination
- 4. Government-backed loans for veterans
- 5. A fixed interest rate loan lasting 15 or 30 years
- 7. The market value of a property minus what is owed on it
- 9. The process of evaluating a borrower's creditworthiness