Across
- 2. What a home is worth in the current real estate market, minus the amount owed on the home loan
- 5. An objective estimate of a home’s value in the current market
- 8. Someone who takes a close look at your mortgage application and property appraisal to make sure you’re fit to finance a home
- 9. When a lender completes a full review of your information and extends a preliminary loan offer
Down
- 1. Mortgage loans follow this type of repayment schedule
- 3. The amount you borrowed via your mortgage and that you’ll pay back over the loan’s life
- 4. An account that allows the lender to collect estimated taxes and insurance
- 6. Principal, interest, taxes, and insurance
- 7. The number of years you have to repay your home loan