Across
- 1. provides loans for veterans & their families
- 5. represents a change in policy
- 8. promotes agricultural trade and production
- 9. borrower resides at this location
- 14. when the dwelling coverage is less than required
- 16. helps people of low and mid-level incomes to acquire loans
- 17. an agreement by which a loan is granted to purchase property
- 18. agency that backs most flood policies
- 21. reduces the original loan and increases the equity
- 22. request for payment
- 23. states policy will stay in force regardless of prior notices
- 24. notice that coverage will stop on a specific date
- 25. represents the investor's return for loaning the funds
- 26. created to provide flood insurance & develop maps for SFHA
Down
- 2. insurance industry standard form
- 3. the company to whom borrower pays mortgage payments
- 4. best & most effective way of providing proof of insurance
- 6. this is not the borrower's primary residence
- 7. also known as fire insurance
- 10. offer to continue coverage for another term with payment
- 11. annual reconciliation of escrow account
- 12. sets standards for construction & underwriting
- 13. insured's responsibility in the event of a claim
- 15. for the payment of taxes, hazard insurance, special fees
- 19. temporary proof of insurance
- 20. consumer seeking to finance residence