See how many mortgage terms and definitions you can match!
The fees charged for services performed, including the home appraisal, loan origination, flood certificate, the title survey, etc.:
This is paid by the buyer to the seller to bind a transaction or assure payment:
Definition of Home Equity:
A federal law that allows consumers to review information on known or estimated settlement costs once after application and once prior to or at a settlement:
Definition of Origination Fees:
Definition of Private Mortgage Insurance (PMI):
The process during which the decision is made whether to approve a loans rates and terms based on the borrowers’ credit, employment, assets, and other factors: