Across
- 3. London Internal Bank Offered Rate abrv
- 4. a loan used to avoid paying PMI
- 7. regulation P, abrv
- 10. difference between fair market value and current balance
- 12. represents the lender's operating cost and profit
- 13. clause that allows title to barrower once loan is paid
- 18. This is allowed, no later then 3 biz days after consummation
- 21. convert to fixed rate during term
- 23. regulation Z, abrv
- 25. Service Release Premium abrv
- 28. Uniform Residential Loan Application, form 1004 abrv
- 29. No Income Verified Asset abrv
Down
- 1. a legal document that pledges repayment of debt, secured for lenders
- 2. Regulation C, abrv
- 4. Paid Outside of Closing abrv
- 5. transfer of real estate title to another person
- 6. regulation G, abrv
- 8. provided by creditor 3 days of completed application
- 9. No Income No Asset abrv
- 11. Cost of Credit expressed as a yearly percentage abrv
- 14. denial of credit by creditor
- 15. used toward down payments, as long as donor doesn't get repaid
- 16. interest collected at closing to put loan on a schedule
- 17. Home Equity Line of Credit, open-end credit
- 19. conveys title to real property
- 20. Regulation V, abrv
- 22. Stated Income Stated Asset abrv
- 24. Stated Income Verified Asset abrv
- 26. Prepaid Finance Charge abrv
- 27. TILA-RESPA Integrated Disclosure Act, abrv