Housing

Comparison of your loan amount to the value of your home.

• Pre-Qualified

• Debt/Income Ration

• LTV

• Adjustable Rate Mortgage

Money from your property charged by city, county, or school district.

• Property Tax

• PMI

• Escrow

• Earnest Money

An initial payment made when purchasing a home.

• Escrow

• Earnest Money

• Term

• Down Payment

Person who pays for the appraisal.

• Realtor

• Buyer

• Seller

• Bank

Minimum of 5% down payment required for the loan.

• Conventional Loan

• FHA Loan

• VA Loan

• Mortgage