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Ladarius Brekke

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Term1/10
Which of these is a lien on the property that secures the promise to repay a loan
Definition1/10

mortgage

Term1/10
Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower
Definition1/10

Armadillos are eaten by coyotes, bobcats, cougars, wolves, raccoonsand bears. Birds of prey such as eagles and hawks also eatarmadillos. Even people eat armadillos. In Central and SouthAmerica, their meat is sometimes used as a substitute for pork.

Term1/10
Which term is defined as the money you owe to a person business or institution that extended a loan to you
Definition1/10

debt

Term1/10
How much interest is paid on a 52000 loan if the monthly payments are 45023 for 30 years
Definition1/10

110082.80

Term1/10
Calculate the simple interest on a loan with a principal of 6.000 an interest rate of 7.39 percent and a term of four years
Definition1/10

1,773.60

Term1/10
Which of these is a signed promise to pay back a loan
Definition1/10

promissory note

Term1/10
When is mortgage insurance typically required
Definition1/10

when the down payment is under 20% of the homes purchase price -kaya :)

Term1/10
What can you expect the down payment on a mortgage loan to be
Definition1/10

from 10% to 40% of the selling price of the home

Term1/10
Which type of interest is calculated on home mortgages
Definition1/10

compound

Term1/10
Which type of interest rate remains the same throughout the length of the loan
Definition1/10

fixed

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Cards in this guide (10)
Which of these is a lien on the property that secures the promise to repay a loan

mortgage

Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

Armadillos are eaten by coyotes, bobcats, cougars, wolves, raccoonsand bears. Birds of prey such as eagles and hawks also eatarmadillos. Even people eat armadillos. In Central and SouthAmerica, their meat is sometimes used as a substitute for pork.

Which term is defined as the money you owe to a person business or institution that extended a loan to you

debt

How much interest is paid on a 52000 loan if the monthly payments are 45023 for 30 years

110082.80

Calculate the simple interest on a loan with a principal of 6.000 an interest rate of 7.39 percent and a term of four years

1,773.60

Which of these is a signed promise to pay back a loan

promissory note

When is mortgage insurance typically required

when the down payment is under 20% of the homes purchase price -kaya :)

What can you expect the down payment on a mortgage loan to be

from 10% to 40% of the selling price of the home

Which type of interest is calculated on home mortgages

compound

Which type of interest rate remains the same throughout the length of the loan

fixed

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