Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | Guide to national mortgage trends, used for adjustable mortgage rates
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show | Charge for the use of other people's money
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show | (LVR) percentage of a property's market value that may be borrowed
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Margin | show 🗑
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New Jersey Housing and Mortgage Finance Agency | show 🗑
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PITI | show 🗑
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Point | show 🗑
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Private mortgage insurance | show 🗑
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show | Mortgage with payments of interest only
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show | Neighborhoods in which the state wishes to strengthen housing stock
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VA mortgage | show 🗑
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show | A privately owned corporation that sets standards and buys mortgages
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Blanket mortgage | show 🗑
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show | Straight loan for short building period
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show | Cooperative organization for members who save and borrow
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show | Federal Home Loan Mortgage Corporation;warehouses packages of mortgages
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Ginnie Mae | show 🗑
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show | Additional financing for homeowner;usually a type of second mortgage
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show | Bridge or seeing loan for short-term financing before a sale
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show | Loan higher than those usually bought by the secondary market
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Mortgage Banker | show 🗑
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show | Agent who makes real estate loans
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Open-end mortgage | show 🗑
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show | Mortgage covering both real and personal property
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show | Loan not intended for resale on the secondary market
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show | Lending institutions that make mortgage loans to the public
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show | Seller financing
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show | Percentage of income borrower may spend on housing expense
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Regulation Z | show 🗑
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show | Mortgage in which lender sends regular checks, building up debt
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Sale-leaseback | show 🗑
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show | Loan in which investor shares payments and profits
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show | Words in an ad that require full disclosure of financing conditions
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show | Regulates consumer loans
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Underwriting | show 🗑
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show | Additional *Larger loan that does not disturb underlying mortgage
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Created by:
mari9800
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