Across
- 2. Private Mortgage Insurance that is required if your down payment is less than 20% of home's price, protects lender if you can pay
- 4. An evaluation by a lender to determine how much you can borrow before you start house shopping
- 5. A fee charged by a lender to process loan application
- 7. A special kind of loan to buy a house
- 10. Home Owner's Association who make rules for a neighborhood to keep it nice
- 11. Money you pay to the government to pay for services
- 13. A legal document that proves you own the house
- 14. A person who helps you find a buy a house
- 17. A legal document that shows you own the house
- 18. Extra fees and expenses you pay when you buy a house
Down
- 1. Evaluation of a house's value by an expert.
- 3. Money you borrow and promise to pay back with interest
- 6. Extra money you pay to the bank when you borrow money
- 8. Amount of money you pay upfront when you buy a house
- 9. Rate Mortgage An unchanging interest rate over the loan term
- 10. When a professional checks the house to make sure it's in good condition
- 12. A special account managed by a third party to hold funds during a real estate transaction ensuring all conditions of sale are met
- 15. Adjustable Rate Mortgage that can change periodically based on market conditions
- 16. The part of the house's value that you actually own