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