1.
Types of loans used to buy or refinance a home
2.
An Account held by the Lender for funds to pay for taxes, insurance and PMI
3.
When an escrow account is not required, the__ is obligated to pay their own taxes and insurance items.
4.
__ insurance is also known as Homeowners Insurance (HO3)
5.
Hazard ins is a term we use to refer to __ coverage.
6.
Wind insurance is sometimes referred to as __ coverage.
7.
All loan types except __ cannot exceed a deductible of 5%.
8.
Wind coverage should mirror the __ coverage amount.
9.
In some cases, a homeowner's policy cannot be written to cover all the standard risks therefore requiring a __ policy.
10.
Flood zones A and V are considered __ __ areas.
11.
A __ policy is a policy where 2 or more risks are covered under one policy.
12.
A __ __ policy is acquired during construction of a dwelling.
13.
The amount of money the homeowner has left to pay on the loan.
14.
A __ __ is the amount a homeowner has to monthly towards their property.
15.
Represents the investors return for loaning the funds.
16.
An Escrow Analysis is conducted __ by the lender.
