Chapter 14 Vocabulary Mortgage,Finance Flashcards
(54 cards)
1
Q
Acceleration Clause
A
2
Q
Adjustable Rate Mortgage
A
3
Q
Alienation Clause
A
4
Q
Amortization
A
5
Q
Assignment of Mortgage
A
6
Q
Assumption of Mortgage
A
7
Q
Balloon Mortgage
A
8
Q
Blanket Mortgage
A
9
Q
Bridge Loan
A
10
Q
Construction Mortgage
A
11
Q
Conventional Mortgage
A
12
Q
C.R.V
A
13
Q
Defeasance Clause
A
14
Q
Deficiency Judgement
A
15
Q
Discount Points
A
16
Q
Due on Sale Clause
A
17
Q
Federal Home Loan Mortgage Corporation
A
18
Q
Federal National Mortgage Assn (association?)
A
19
Q
FHA Insured Loan
A
20
Q
Government National Mortgage Assn
A
21
Q
Graduated Payment Mortgage (GPM)
A
22
Q
Hypothecate
A
23
Q
Imputed Interest
A
24
Q
Institutional Lender
A
25
Junior Mortgage
26
Land Contract
27
Loan to Value Ratio
28
Mortgage
29
Mortgage Banker
30
Mortgage Broker
31
Mortgage Insurance Premium (MIP)
32
Mortgagee
33
Mortgagor
34
Novation
35
Open End Mortgage
36
Package Mortgage
37
Predatory Lending
38
Prepayment
39
Primary Mortgage Market
40
Principal
41
Private Mortgage Insurance
42
Promissory Note
43
Purchase Money Mortgage
44
Redlining
45
Release Clause
46
Release of Mortgage
47
Reverse Annuity Mortgage (RAM)
48
Satisfaction Piece
49
Second Mortgage
50
Secondary Mortgage Market
51
Subordination Clause
52
Usary
53
VA Guaranteed Mortgage
54
Wraparound Mortgage
