Written proof a lender is willing and ready to lend an individual a specific amount of money for a mortgage based on verified income and asset

Buying a Home

Flashcard
•
Social Studies
•
9th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

22 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Pre-approval
2.
FLASHCARD QUESTION
Front
Loan to finance the purchase of real estate
Back
Mortgage
3.
FLASHCARD QUESTION
Front
A loan in which the interest rate and payment remain the same for the life of the loan.
Back
Fixed Rate Loan
4.
FLASHCARD QUESTION
Front
down payment
Back
An initial cash payment made when something is bought on credit.
5.
FLASHCARD QUESTION
Front
Principal is
Back
The amount of money you borrow, or the amount you owe before interest is calculated.
6.
FLASHCARD QUESTION
Front
homeowners insurance
Back
Coverage against damages to the house or possessions in the home. Also, liability coverage against accidents in the home or on the property.
7.
FLASHCARD QUESTION
Front
Equity
Back
The amount of the house that you have paid for, or the amount you would get if you sold the house.
Create a free account and access millions of resources
Similar Resources on Wayground
10 questions
Understanding Mortgages and Financial Planning

Flashcard
•
9th Grade
20 questions
Analyze Types of Credit

Flashcard
•
10th Grade
15 questions
Mortgages

Flashcard
•
7th Grade
18 questions
Final Review Flashcards spring 2025

Flashcard
•
8th Grade
15 questions
Mortgages

Flashcard
•
7th Grade
19 questions
Loan and Mortgage Terms

Flashcard
•
10th Grade
22 questions
Econ Unit 4 Test

Flashcard
•
10th Grade
14 questions
Financial Literacy: Types of Expenses

Flashcard
•
9th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade