Rational Exponents Unit 1 Vocabulary Terms

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Across
  1. 2. Protection against possible financial loss
  2. 5. Banker A company or individual institution that originates mortgages
  3. 9. Owner's Association - An organization that makes and enforces rules for a property
  4. 10. Costs Fees and charges that you pay when you purchase a home
  5. 13. The seizure of property for borrowers that are unable to pay their homes
  6. 14. an insurer employee who evaluates applicants for insurance
  7. 15. An amount of money that is charged when you borrow money
  8. 16. - Money that is borrowed from the bank and is expected to be paid back
Down
  1. 1. To take out a new mortgage at a lower interest rate
  2. 3. A person who is in charge of selling a home
  3. 4. Estimating how much something is worth
  4. 6. a loan term loan that is extended to someone who buys a property
  5. 7. An institution that receives, keeps, and lends money
  6. 8. Anything of value that is owned or controlled
  7. 10. Report A detailed report of an individual's credit history
  8. 11. Card A card that you are able to use to make a purchase; if used, it balanced owed is expected to be paid back
  9. 12. Estate Agent Licensed individual representing a buyer or seller
  10. 13. Rate An interest rate that doesn't change