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PERSONAL FINANCE: Buying a Home

Name:  ___________________________________
Across
A free standing residential building meant for one family to occupy
A type of mortgage in which the interest rate can vary at certain points in the life of the mortgage
A dwelling in which owners own just their individual unit, and a group or association owns the common areas such as green space and recreation facilities
A mortgage type in which the interest rate remains the same throughout the life of the loan
The monetary value of your ownership
Down
Additional costs paid by the borrower when buying or refinancing a home
A sum of money that you pay at closing
A legal document that uses property to secure a loan
This type of insurance protects the lender in case the borrower defaults and is unable to repay the loan
This equals one percent of the amount of a loan