Upfront money from the buyer that is used to pay for a portion of the house

Mrs Stillys Final

Quiz
•
Education
•
12th Grade
•
Easy
Dalton Hutchinson
Used 6+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
401(k)/403(B)
Down Payment
Unsecured Loan
Bankruptcy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Legal Process in which a court takes over some of the finances of a person who is unable to pay his or her bills
Bankruptcy
Dividends
Home Equity Loan
Line of Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Loans that have no collateral pledged against the loan
Securities and Exchange Commission
Home Equity Loan
Unsecured Loan
Subprime Mortgage
Individual Retirement Account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Numeric Score that uses your credit history to access your credit worthiness Is?
Identity Theft
Home Equity Loan
Credit Score
Line of Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Allows a homeowner to borrow against the equity in his or her home. Equity is the difference owned to a leader
Credit Score
Subprime Mortgage
Line of Credit
Home Equity Loan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When someone uses your personal info without your permission for personal gain
Unsecured Loan
Dividends
Federal resolve System
identity Theft
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Higher Interest rate mortgage loans made to people with poor credit scores
Securities and Exchange Commission
Dividends
Home Equity Loans
Federal Resolve System
Subprime Mortgage
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