Type
Word Scramble
Description

re advance
title deed
registration costs
building loan
tiered rates
looksee guide
access bond
affordability
insurance
home loan protection plan
easy sell
my roof
further advance
business mortgage
jump start
loan to value
switches
subtitution
rates and taxes
sectional title
exposure
body corporate solvency

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

Mortgage Word Search

Type
Word Search
Description

income and debt
right to cancel
TRID
underwriting approval
mortgage insurance
automated underwriting
adjustable rate mortgage
appraised value
Cert of Delivery of Value
ECOA
loan estimate
closing disclosure
escrow
principal reduction
interest rate
lock agreement
qualified mortgage
flood insurance
hazard insurance
wire instructions
bailee letter
flood determination
appraisal
down payment
security instrument
title
payoff
Loan
High Cost testing
USDA
FHA
VA
Dodd Frank

Buying A Home Terms Word Search

Type
Word Search
Description

earnest money
default
debt to income ratio
credit insurance
conditions
collateral
closing costs
closing agent
closing
character
capital
capacity
balloon payment
asset
appreciate
appraisal
adjustable rate mortgage
workout
variable rate
underwriting
title agency
title insurance
survey
short sale
secured loan
sales contract
principal
prime rate
prequalification
predatory lending
preclosing
preapproval
net worth
mortgage

Mortgage Terms Word Search

Type
Word Search
Description

valoan
underwriter
title
survey
sales contract
refinance
ratelock
appraisal
principal balance
prequalification
origination fee
mortgage
lender fees
jumbo mortgage
interest rate
HOA
hazard insurance
foreclosure
firsttimebuyer
FHA
escrow
earnest money
default
deed
conventional mortgage
Construction loan
Closing
Cash out refinance
Borrower
Assumable Mortgage
Amortization
1003 Form

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

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

Chapter 22.1 Crossword

Type
Crossword
Description

The highest price that the property will bring tothe market. Market value
Home value determined by examing the structure,size,features, and quality as compared to similar homes. Apraised value
Value set by the city or country that is used to compute property taxes. Assesed value
Difference between the market value of property and the amount owed on it. Equity
Mortgage agreement that does not have government backing and that is offered through a commerical bank or mortgage broker. Conventional loan
A government-sponsored loan that carries mortgage insurance. FHA loan
Similar to a mortgage, it is a debt security instrument that shows as a lien against a property. Trust Deed
A fund where money is held to pay amounts that will come due during the year. Escrow Account
Used to lower mortgage interest rate. Discount Points
A fee charged by a lender to process the loan papers. Loan Origination Fee
The expenses incurred in transferring ownership from buyer to seller. Closing Costs

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

credit & debt vocabulary Crossword

Type
Crossword
Description

fee charged by a credit card company for the use of their credit card annual fee
cost of borrowing money on an annual basis; takes into account the interest rate and other related fees on a loan APR
tool used to finance a purchase credit card
preferred method of debt repayment; includes a list of all debts organized from smallest to largest balance; minimum payments are made to all debts except for the smallest, which is attacked with the largest possible payments debt snowball
type of card, often bearing the seal of a major credit card company, issued by a bank and used to make purchases. unlike a credit card, the money comes directly from a checking account; also called a check card debit card
act of combining all debts into one monthly payment, typically extending the terms and the length of time required to pay the debt debt consolidation
a fee for the cost of credit or borrowing finance charge
process by which the holder of a mortgage sells the property of a homeowner who has not made interest and/or annual payments on the time as stipulated in the mortgage contract forclose
time period during which a borrower can pay full balance of credit due with no finance charges grace period
interest rate charged to a customer during the initial stages of a loan introductory rate
amount of money a credit card company issues to the borrower credit limit
a decline in the value of property; opposite of appreciation depreciation
a long-term rental agreement, and a form of secured long-term debt lease
the length of a loan loan term
information that has been passed on but is not true myth
your belief system; the way you see or perceive things paradigm
expense that a taxpayer is allowed to deduct from a taxable income; examples include money paid as home mortgage interest and charitable donations tax deduction

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