RESIDENTIAL MORTGAGE

1. Informal review of income, assets, and credit
4. Purchase process could take from 30-____ days
7. Designed for borrowers with a minimal down payment and lower credit scores.
8. Type of mortgage where your interest rate changes at specific intervals
9. Pre-approval will be provided at no ____
10. Qualified ____ may obtain financing at lower rates.
12. Financing to purchase or renovate owner-occupied or rental housing in small communities.
15. Loans that have little or no down payment requirements, no monthly mortgage insurance and provide up to 100% financing.
16. Type of mortgage with consistent monthly payments and fixed interest rates for the life of the loan
17. Standard documentation needed to show proof of income

2. Alaska Housing Finance Corporation approved lender
3. Residential Mortgage is 100%_____ owned company established in 1998
5. Person who acts as an agent for the sale and purchase of buildings and land
6. First step in the purchase process
11. How many branch offices does Residential Mortgage have scattered around the state?
13. You can do this to reduce your rate and/or payment on your mortgage
14. ___ 184 provide certain benefits to members who are enrolled in a Federally Recognized Tribe
16. Homebuyers who have not owned a primary residence in the last three years