Mortgage

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Across
  1. 6. It is anu mortgage loan that is not insured or guaranteed by the government(two words)
  2. 10. a loan you get from a lender to finance a home purchase. When you take out a mortgage, you promise to repay the money you’ve borrowed at an agreed-upon interest rate.(two words)
  3. 13. It is an annual or semiannual charge levied by a local government and paid by the owners.(two words)
  4. 14. It’s a home loan option that offers a single interest rate for the entire term, or length, of a loan(three words)
  5. 16. A document providing evidence that you have enough liquid assets, or cash, to buy a home with a mortgage(three words)
  6. 18. It is a special loan offered by the Department of Veterans Affairs to help(two words)
  7. 19. Someone who receives an amount of money and undertakes to pay it back, together with interest, within a certain period of time
  8. 20. It is a program of loan insurance to expand homeownership opportunities(two words)
  9. 21. An individual, a group, or a financial institution that makes funds available to a person or business with the expectation that the funds will be repaid.
Down
  1. 1. This lowers the risk to the lender of making a loan to you. You’ll save on monthly payments and you’ll have a lower down payment(two words)
  2. 2. It is a mortgage used to finance properties that are too expensive for a conventional(two words)
  3. 3. What is the typical percentage for a down payment? (Two words)
  4. 4. Processing fees you pay to your lender when you close on your loan (two words)
  5. 5. It is a mortgage that is not backed by the government(two words)
  6. 7. A person who adds their information to the loan application and pledges to pay back the loan if you're unable to.
  7. 8. What affects the mortgage
  8. 9. It is the difference between the amount you owe on a mortgage and what the home is worth(two words)
  9. 11. An unbiased professional opinion of a home's value and is required whenever a mortgage is involved in buying, refinancing, or selling property.
  10. 12. A path to homeownership for low- and very-low-income families living(two words)
  11. 15. United States Department of Agriculture
  12. 17. Department of Veterans Affairs