General Trems

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