My Puzzles
Report bug
Collected Puzzles
User listed puzzles
Random Puzzle
Log In/Out


No description

mortgage a property or right ownde, tangible or intangible, that has monetary value.
application A legal document evidencing a person's right to or ownership of a property.
title a payment plan that enables you to reduce your debt gradually through monthly payments.
appreciation When a borrower falls behind, the lender contacts them in an effort to bring the loan current.
asset The form used to apply for a mortgage loan, containing information about a borrower's income, savings, assets, debts, and more
interest A legal document that pledges a property to the lender as security for payment of a debt.
depreciation What does the I stand for in PITI?
lender interest earned from the period of time since interest was last paid
Arrears a mtg loan which allows the lender to adjust the interest rate.
deed A written justification of the price paid for a property, primarily based on an analysis of comparable sales of similar homes nearby.
taxes The term applied when a buyer assumes the seller's mortgage.
balloon A legal claim against a property that must be paid off when the property is sold.
impound A homeowner's financial interest in a property.
ARM agreement that a person will borrow money and repay it to the lender over time.
appraisal The legal document conveying title to a property.
cap limit on how much that payment can change each year (think ARM)
principal ____mtg is when the balance of mtg is due in a lump sum at a specified date.
collection escrow account known in Cali as an _____ account
bankruptcy A decline in the value of property.
lien What does the P stand for in PITI?
Amortization court proceedings to relieve the debts of an individual or business.
assumption the institution making the loan or to the individual
insurance The difference between the interest rate and the index on an adjustable rate mortgage.
accrued the Interest is paid in the _______ on regular monthly mtg payments
equity What does the T stand for in PITI?
margin What does the I stand for in PITI?
Credit The increase in the value of a property due to changes in market conditions, inflation, or other causes.

Use the "Printable HTML" button to get a clean page, in either HTML or PDF, that you can use your browser's print button to print. This page won't have buttons or ads, just your puzzle. The PDF format allows the web site to know how large a printer page is, and the fonts are scaled to fill the page. The PDF takes awhile to generate. Don't panic!

Web armoredpenguin.com

Copyright information Privacy information Contact us Blog