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The ____ is the ratio of debt to the value of the property.
What type of loans are Fannie Mae, Ginnie Mae, and Freddie Mae?
Fill in the blank: One discount point equals ___ for a borrower?
A(n) _____ participates in the secondary market.
A ________ mortgage, the principle on the loan does not need to be paid until the end of the term.
When a home owner with an existing mortgage gets a home equity loan to consolidate existing credit card loans. Which is NOT an accurate description of what happens to the existing mortgage?
The outstanding balance of principal and interest is defined as:
Which of the following best describes a mortgage banker?:
Credit is best described as
When compared with a two year payment period, taking out a loan with a 20-year payment period would result in: