Across
- 2. Someone who shares responsibility for the mortgage
- 6. A commonly used credit scoring model
- 7. Replacing an existing mortgage with a new loan.
- 9. Debts or financial obligations
- 10. A mortgage professional who helps borrowers obtain financing
- 13. Insurance often required with less than a 20% down payment
- 15. A loan used to purchase a home
- 16. The value of your home that you own
Down
- 1. The schedule used to repay a loan over time
- 3. A lender's guarantee to hold an interest rate for a set time
- 4. The original amount borrowed on a loan
- 5. A lender's estimate of how much you may qualify to borrow
- 8. Legal ownership of a property
- 11. The process of creating and funding a new mortgage loan
- 12. The cost of borrowing money
- 14. The legal document that transfers ownership of a property.