Across
- 1. extra fees charged by the lending institutio for the use of their money
- 3. interest- interest that starts accuring at the beginning of each month and continue throughout each month
- 4. value- valuation placed on property by public
- 7. or cause to move so as to cover and opening
- 9. estate tax- property tax or mileage tax
- 13. insurance-home insurance, hazard insurance
- 15. cost-one time cost that are not expected to continue after it is implemented
- 18. tax- fee that is charged for the transfer of the title from the seller of the buyer
- 20. legal claim of prperty ownership
- 21. search- process that is performed primarly to determaine the answer
Down
- 2. points- similar to origination fees that are collected from the buyer as a mean of paying for the loan application
- 5. end ratio- a comparison of a borrows monthly expenses to her gross monthly incom
- 6. process of taking possession of a mortgage
- 8. a bond, deed, or other document.
- 10. fee- can notes lawyer broadly
- 11. payment- an initial payment made when something is brought or credit
- 12. cost-costs are on going like mortgage insurance
- 14. points- form of pre paid interest
- 16. value- Namount for which something can be sold on a given market.
- 17. money deposit-serious mental state of infront
- 19. end ratio- your prosepective monthly mortgage payments divided by your gross monthly income