Across
- 3. return on investment
- 6. the price you pay to borrow money - you can buy this down or refinance to get this lower
- 7. decreasing your interest rate
- 8. the act of borrowing money
- 9. only available for veterans- 0% down payment
- 10. an asset or item acquired to generate income or gain appreciation
Down
- 1. typically 20% down payment
- 2. difference of home value and mortgage amount
- 4. first time homebuyer loan - minimum 3% down payment
- 5. financial institution that provides financing for purchases