Banking, Book 2, Unit 03, Home Loans

I have some money saved for a(n)_____ on a house.

• down payment
• interest rate
• fixed rate
• adjustable rate

In today's changing economy, a(n)_____might be the better option when buying a house.

• down payment
• fixed rate
• home loan
• mortgage insurance

A bank may decide to____ on a home if loan payments are not made.

• refinance
• amortize
• fix
• foreclose

David needs a(n)_____in order to buy a new car.

• personal loan
• closing cost
• auto loan
• home loan

We cannot stop a transfer once it's been initiated; it's _____.

• irrevocable
• real time
• routing
• payoff

I can't _____this check unless it's signed on the back.

• verify
• accept
• banker
• refuse

Everyone expects their banks to be the best in____ Even minor mistakes can cause customers to worry.

• issuing traveler's checks
• transfer
• accuracy
• money orders

One of my main duties as bank receptionist is_____ visitors and directing them to the appropriate place.

• supporting
• settlement
• accounting
• greeting

Some lenders put restrictions on loans used to buy_____.

• debts
• lenders
• foreclosures
• points

The buyer isn't interested in ______ .

• down payment
• adjustable rate loans
• fixed rate
• mortgage insurance