Type
Crossword
Description

Financial Conduct Authority FCA
A loan given by bank/building society that when fully paid off, results in ownership of a property mortgage
A type of application where an applicant wishes to take out further borrowing against an existing TMW security Further Advance
This person inspects a property and reviews in full eg saleability, construction, value & services Valuer
Section 6 of a valuation report Construction
The rental figure used in the loan calculation for Purchase applications Estimate
The next stage when a property requires multi-trade works Decline
A rate that is applied to protect the customer in the first few years of mortgage payment, in case the bank base rate falls Stress
A team in TMW that focuses on the end of the mortgage journey such as release of funds & solicitors Completions
A type of report a valuer may request when they are concerned about the health of a nearby tree Aboriculturist
A type of application where the applicant wishes to rent out their current residential property and use the rent received to buy another property Let To Buy
A system used in Valuations to update notes and track the status of a case Activate
The fee added to a mortgage offer when a full retention is required reinspection
A remortgage where there is no capital raising and the requested loan is the same as the existing mortgage balance Like for like
Another name for the updates team in TMW Telephony
Issue Resolution Team IRT
Assured Shorthold Tenancy AST
Post Valuation Query PVQ
Another word for intermediary broker

Mortgage Terms Crossword

Type
Crossword
Description

Home Mortgage ___________ Act Disclosure
Comparison of your loan amount to the value of your home LTV
Percentage of your debt divided by your gross income DTI
Spouse that will only be on title but not on loan NPS
Insurance that protects lenders/investors for losses due to the event of default of a mortgage loan MI
Document that most be provided withing 72 hours of taking an application Loan Estimate
Document provided prior to closing that replaces the HUD-1 and TIL Closing Disclosure
Document filed to show lien with lender is a Deed of _______ Trust
Sketch of a property showing its boundaries Survey
History of the title showing current owners and liens Abstract
Nationwide registraction system for mortgage loan originators SAFE Act
Origination, appraisal, and survey fees are know as _____________ costs. Closing
Insurance protecting the lender is known as a _____________ policy Lenders
We use the borrowers __________ income to qualify them for a loan gross
FHLB stands for _____________ Home Loan Bank Federal
Intergrated Disclosure regulation that went into effect October 3rd, 2015 TRID
Computer generated loan underwriting system AUS
An ___________ account is set up to pay taxes and insurance on a yearly basis Escrow
Right of _____________ gives a borrower 3 days to decide if they wish to continue with a loan Rescission
A Mortgage _____________ is in charge of receiving payments, paying taxes and insurance, etc. Servicer

Financial Terms Crossword Puzzle

Type
Crossword
Description

When you’re investing or saving, this is the interest that you earn on the amount you deposit, plus any interest you’ve accumulated over time. Compoundinterest
A number used by banks and other financial institutions to measure a borrower’s credit worthiness. FICOscore
The difference between your assets and liabilities. networth
The process by which you choose what proportion of your portfolio you’d like to dedicate to various asset classes, based on your goals, personal risk tolerance and time horizon. Assetallocation
Commonly referred to as fixed-income securities. Bonds
The increase in the value of an asset or investment — like a stock or real estate — above its original purchase price. Capitalgains
The process of buying or selling securities over time in order to maintain your desired asset allocation. Rebalancing
Also called equities or shares. Stocks
This is the process of paying off your debt in regular installments over a fixed period of time. Amortization
A type of mortgage in which the interest you pay on your outstanding balance rises and falls based on a specific benchmark. ARM
An account held by an impartial third party on behalf of two parties in a transaction. Escrow
A mortgage that carries a fixed interest rate for the entire life of the loan. Fixed-rate mortgage
Employer-sponsored retirement plans, such as pensions, in which the employer promises a specified retirement benefit based on a formula that may include an employee’s earnings history, length of employment and age. Defined-benefit plans
Companies often use these as management incentives. stockoptions
The payments you make to an insurance company in return for protection from financial losses within the scope of your policy. Premium
Used to determine your taxable income, minus any additional IRS-qualified deductions that you’re eligible to take. AGI
A person who is financially dependent on your income, typically a child or an adult relative you may support. Dependent
A standard amount that can be used to reduce your taxable income if you decide not to itemize your deductions. Standarddeduction
A qualified expense that the IRS allows you to subtract from your adjusted gross income, which further reduces your taxable income. Itemizeddeduction
A type of policy that provides additional liability coverage beyond what your home, auto or boat insurance may provide. Umbrellainsurance

Forces and Motion Crossword Puzzle

Type
Crossword
Description

When 2 solid surfaces slide past each other. sliding
The force of moving something in a certain direction. push
A vector quantity that tends to produce an acceleration of a body in the direction of its application. force
The tendency of a body to resist acceleration; the tendency of a body at rest to remain at rest or of a body in straight line motion to stay in motion in a straight line unless acted on by an outside force. inertia
The natural force of attraction exerted by a celestial body, such as Earth, upon objects at or near its surface, tending to draw them toward the center of the body. gravtity
The alternate force of push. pull
The force that opposes the motion of objects through air. air resistance
The force with which a body is attracted to Earth or another celestial body, equal to the product of the object's mass and the acceleration of gravity. weight
This type of force will not cause a non-moving object to start moving and will not cause a change in the motion of a moving object. balanced
This type of forces produces a change in motion. unbalanced
A type of friction that occurs when a force is applied and does not cause an object to move. static
This type of friction is when one surface rolls past another. rolling
How fast an object is going with respect for an object. speed
Gravitational force decreases as ________ increases. distance
A force that opposes motion between 2 surfaces in contact. friction
Gravity is a force of ________ between objects due to their masses. attraction
A measure of speed in a given direction velocity
A property of matter equal to the measure of an object's resistance to changes in either the speed or direction of its motion. mass

Business Key Terms Crossword

Type
Crossword
Description

When an individual is unable to pay debts. Bankrupt
To allocate money for benefit in the future. Investment
A financial gain. Profit
Money collected from tenants for the use of property. rent
The value of the shares issued by a company. equity
Advice on money issues. Financial Advice
A plastic card issued by a bank. Credit Card
A company provides compensation for loss. insurance
Money borrrowed from a financial institution to buy property. mortgage
Minimum numbers of hours that have to be worked. casual work
A legal order so that a certain amount of money can be deducted from a borrower’s wages to repay debt. garnisheed
A sumof money paid by the financial sector in return for the investment of money. interest
A type of employment where regular hours are worked at a fraction Part-time work
Debt restructuring. Refinancing
Prevents something else from being harmed. savings buffer

Financial Aid Cross Word Puzzle

Type
Crossword
Description

If a student fails to repay a student loan on time, the student is in ____________. Default
The acronym for the amount of money a student and his/her family are expected to pay toward college expenses as determined by the FAFSA, also known as the Expected Family Contribution. EFC
One of the standardized tests that students generally take junior year of high school that is used by colleges to evaluate an applicant’s academic skills and abilities. ACT
The type of loan where the U.S. Department of Education does NOT pay the interest while you are in college. Unsubsidized
The type of loan where the U.S. Department of Education pays the interest while you are in college. Subsidized
The name of Federal low-interest loans for eligible students to help cover the cost of college or career school (HINT: it starts with the letter "s"). Stafford
Federal loans that parents of undergraduate students can sometimes use to help pay for their child's college or career school. PLUS
Your primary area of study chosen for college. Major
The name of the campus office that makes the decision about your acceptance to their school. Admissions
An area of interest studied at the same time as a major; however, fewer courses are required. Minor
Federal grant program providing need-based grants to low-income students. PELL
Type of college degree given if you complete four years of full-time study. Bachelor
Type of college degree earned if you complete two years of full-time study. Associate
The acronym for the application that you will fill out your senior year to apply for financial aid. FAFSA
The person at a college who helps students decide what classes to take, what major to pursue, and that makes sure student have fulfilled all graduation requirements. Advisor
The acronym for the report that a student receives after their FAFSA is processed. It is the report that is sent to your college, also known as a Student Aid Report. SAR
The legal document a student loan borrower must sign when he/she receives a loan. This document lists the terms for repayment of the loan, including interest. Promissory Note
This type of college or university is NOT run by the state and is generally smaller and more expensive. Private
The office at a college that is in charge of your financial aid, bills, and payments (HINT: It starts with the letter “b”). Bursar
The total cost to attend college before financial aid, including tuition and fees, room and board, books and supplies, and other living expenses (Hint: Acronym is “COA”). Cost of Attendance
A program that allows students to take a part-time campus job as part of their financial aid package. Work Study
Colleges/universities that are ran and regulated by the state or federal government. Public
The general term for money you borrow from the government, a bank or another source that need to be paid back, usually over an agreed period of time. Loan
Generally, a student that is taking more than 12 credit hours of classes is considered to be a _______ student versus part time student. Fulltime
The period of time following graduation when a student is NOT expected to start paying his/her loans back yet is known as a “______ period.” Grace
What we wish grew on trees!! Money
A kind of "gift aid" — financial aid that doesn’t have to be paid back and that is usually awarded based on financial need. Grant
The name of the official document that your high school guidance counselor will send to your colleges that lists the classes that you have taken and your grades. Transcript

Buying a House Crossword

Type
Crossword
Description

In which owners own just their individual unit, and a group or association owns the common areas such as green space and recreation facilities. Condominums
A sum of money that you pay at closing down payment
A legal document that uses property to secure a loan Mortgage
A mortgage in which the interest rate remains the same throughout the life of the loan Fixed rate mortgage
A free-standing residential building meant for one family to occupy Single family home
equal to 1% of the amount of a loan Point
Additional costs paid by the borrower when buying or refinancing a home Closing costs
value of your ownership equity
must pay if their equity is less than 20% of the home’s value PMI
A type of mortgage in which the interest rate can vary at certain points in the life of the mortgage Adjustable rate

New Deal Crossword

Type
Crossword
Description

Abbreviation for the act which attempted to reduce crop surpluses through governmental pay to farmers. AAA
The Farm Credit Act created an agency which would _______ the mortgages of farmers refinance
The _________ Banking Act forced commercial banks out of the investment business Glass-Steagall
Abbreviation for the corporation which developed the Tennessee Valley through flood control, conservation, and by selling electricity TVA
Getting a system that has been destroyed rebuilt (one of the three R’s). Recovery
The ______ Act increased tax rates for wealthy individuals, as well as powerful corporations. Revenue
Abbreviation for the relief program providing the unemployed with manual labor jobs, mostly fixing bridges and buildings. CWA
A period of time in which American citizens were instructed to not use banks. Bank Holiday
Immediate assistance to those in need (one of the three R’s). Relief
The Fair Labor Standards Act outlawed child labor, created a maximum work week, and established the first federal minimum _______ wage
The “Truth In Securities” Act established the ______ (abbreviation) which enforced that all sellers of securities must make public the important, accurate information about securities SEC
The _______ ________ Administration was to provide the unemployed with jobs on public works projects Works Progress
Act which stated that the Treasury Department could decide when banks should reopen, among other things. Emergency Banking Act
As a revision of a section of the NIRA which had been declared unconstitutional, the ______ Act guaranteed the right of unions to bargain as a group for their members, as well as forming the National Labor Relations Board, which settled arguments between unions and employers Wagner
Abbreviation for the program which provided men with jobs building infrastructure, planting trees, and restoring historical sites, among many other tasks. CCC
Preventing the Great Depression from ever happening again (one of the three R’s). Reform
The ______ Security Act ensured insurance to the elderly, unemployed, and survivors. Social
The Home Owners’ Loan Act formed the ________ (abbreviation), which refinanced home mortgages and was modeled after the Farm Credit Act HOLC
The Federal Emergency Relief Act provided ______ relief to the unemployed. Direct
Through the National Industrial Recovery Act, Roosevelt established the ________ (abbreviation), which stimulated private business through encouraging businesses to work both with other businesses and with unions NRA

Mortgage Terms Crossword

Type
Crossword
Description

how rates are expressed percentage
name a GSE Fannie mae
what kind of credit report do we pull trimerge
what report is used to determine value appraisal
what IRS form is used to compare income stated to filed 4506t
what type of insurance is required to be paid 12 months in advance hazard
what is an EMD earnest money deposit
if a porperty is in zone x what is required flood insurance
what type of insurance is required for a condo ho6
if a second perso is applying for a loan, they are a coborrower
what type of income document does a salaried borrower recieve w2
what do borrowers provide to prove assets bank statements
what type of account is established to pay taxes and insurances escrow
what type of title insurance is optional owners title insurance
fees associated with a purchase or refinance are called closing costs
what is the minimum payment calculation for a student loan in income repayment one percent
if a borrower is using alimony to qualify what document is required divorce decree
a loan product that the rate can change is an arm
a loan product where the rate does not change is considered fixed
what length of residency is shown on the application twoyears
name another younger GSE freddiemac
what is Chaila's favorite color blue
what registry must a loan officer be registered with nmls
name of a legal document that gets recorded on the land records deed
name of the legal document that contains the terms of the mortgage note
sfr stands for singlefamilyresidence

Chapter 8 Buying a House Crossword

Type
Crossword
Description

a person who rents a house or apartment Tenant
the person or people that own a rented house or apartment Landlord
a form of home ownership where each unit is individually owned Condominium
The money given to the landlord from the tenant as protection in the event that the tenant causes damage to the rented property; refunded when the tenant moves out if there is no damage, and can range from 1 to 4 month’s rent. Security Deposit
A mortgage in which the monthly payment and the APR may change, as specified in the signed agreement. Adjustable Rate Mortgage (ARM)
The act by a bank of taking possession of a home when the homeowner cannot pay the mortgage. Foreclosure
Required by mortgage holders, a type of insurance that covers damage to the home due to fire and other natural disasters; also covers the contents of the home in case of theft or vandalism. Homeowner’s Insurance
a factor banks use when deciding whether to lend money for a mortgage; ideally <28% Front-end Ratio
a factor banks use when deciding whether to lend money for a mortgage; ideally <36% Back-end Ratio
A ratio of monthly expenses to monthly gross income; offers a realistic view as to where a person stands financially with the amount of debt presently being carried. Debt to Income Ratio
The money the bank collects from borrowers, for insurance and property taxes; the bank pays those bills for the homeowner when they are due. Escrow
costs that occur on a regular basis Recurring Cost
one-time costs Non-Recurring Cost
What % of gross income people should spend on rent? 25% - 30%
The earnest money, or good-faith deposit, is the money paid to the seller by an interested buyer to show that the buyer is serious about buying the house. Earnest Money Deposit

Chapter 11: Front Office Crossword

Type
Crossword
Description

A room where guests sleep for one or more nights. SleepingRoom
A room that customers rent for an activity. FunctionRoom
Another name for sleeping room. guestroom
The part of the hotel that handles all tasks involved in preparing and selling sleeping rooms. roomsdivision
The manager in charge of the rooms division. roomsdirector
Handles everything related to selling sleeping rooms and interacting with guests. Frontoffice
The manager in charge of the front office. frontofficemanager
The person who makes reservations when guests call the lodging property. Reservationsagent
Record that includes the guest's name, address, phone number, dates of reservation, room assigned, and any special requests. reservationrecord
A count of the number of rooms sold and the number of rooms available each day. roominventory
A person that supervises the uniformed services staff. bellcaptain
A person that takes care of all guests needs as guests arrive at the hotel. doorattendant
Responsible for helping guests with luggage in the hotel. bellattendant
A phone call placed by the hotel to the guest's room at a specific time requested by the guest. wakeupcall