mortgage Paper 11

1

Samantha Mulder goes to a bank and borrows money for the purchase of her first home, thereby becoming a






2

Buyer A borrows money to buy a house. As part of the repayment plan, when he sells the house he will have to turn over a portion of the profit he makes on the house to the lender. This type of mortgage is called a






3

The difference between the primary mortgage market and the secondary mortgage market is that the secondary market






4

A conforming loan is defined as one






5

When money is escrowed each month to cover annual payments of insurance and taxes, the mortgage is called






6

Samantha Mulder goes to a bank and borrows money for the purchase of her first home, thereby becoming a






7

The entity that loses ownership through a deed of trust mortgage foreclosure is the






8

Type of financial security in which loans are secured by borrowers property is classified as






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