Choose the Most Appropriate Answer for Each

Multiple Choice

Choose the most appropriate answer for each.
-a charge by a lender that will allow them to sell the loan in the secondary market at a discount

A) Amortized loan
B) Amortization tables
C) Balloon loan
D) Budget mortgage
E) Conventional loan
F) Discount point
G) Equity
H) FHA
I) Impound account
J) Loan balance table
K) Loan origination fee
L) Loan-to-value ratio
M) Maturity
N) Partially amortized loan
O) PITI payment
P) PMI
Q) Point
R) Principal
S) Term loan
T) UFMIP