Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Ch 12 Mortgages

Vocabulary terms from Chapter 12: Real Estate and Mortgages

Appraisal An opinion of value on a home
Appreciation To increase in value
ARM (Adjustable Rate Mortgage loan secured by a deed of trust or mortgage in which the interest rate will change periodically
Conventional Loan Mortgage obtained through the Federal National Mortgage Association (FNMA), which insures against default; generally includes a down payment of 5-20% or more
Curb Appeal ludes a down payment of 5-20% or more. Curb Appeal:
Equity The property value over and above any mortgage or liabilities related to it
Fixed Rate An interest rate that does not change over time
interest rate that does not change over time. Interest Only Loan Interest Only Loan: A
MLS (Multiple Listing Service) Computer program used by realtors to search frequently updated listings of available properties in order to find prospective homes for their clients.
Mortgage A loan secured by the collateral of some specified real estate property, obligates the borrower to make a predetermined series of payments
Created by: mgarda