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