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Mortgage Terms

Horizontales
Upfront fees to lower the interest rate (2 words)
Lower ranking in payment hierarchy
A settlement where the loan is funded by a third party (2 words)
Escrow accounts typically include taxes and this.
The maximum amount that certain closing costs may exceed amounts on the Loan Estimate.
The process of changing the company handling loan administration (2 words)
This account is for taxes and insurance
The market in which existing loans are bought and sold
Verticales
Interest earned but not yet paid (2 words)
_________ mortgages can be taken over by the buyer
The transfer of property ownership
A legal document that pledges property to a lender as security for repayment of a debt.
Upfront cost reduction from lender in exchange for a higher interest rate (2 words)
The cost of credit, including fees and interest (2 words)
A claim on property for payment of a debt