(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
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Unbiased professional opinion of the value of a hm
Appraisal
5 page form that provides final details abt the mtg loan.
CD
Legally binding document created to outline terms for a sale of a property
Purchase Agreement
Person responsible for managing the broker relationship, reviews uploads prior to sending to UW
Loan Coordinator
This occupancy/loan purpose requires an RTC
Primary Refinance
acronym for non-owner occupied
N/O/O
FEMA stands for
Federal Emergency Management Agency
A set rate for the entire length of mtg term
Fixed-Rate mtg
URLA
Application that is also referenced as 1003
AUS
Automated underwriting systems
Name, SSN, Property Address, Est Property Value, Mtg loan amt, income
Elements of application
brief doc used to explain anything in financial/employment docs questioned by UW
LOX
Bureau created to promote fairness & transparency for mortgages
CFPB
Cures
Prevents bwr from paying more than they should on closing costs
legal doc representing a loan made from issuer to a creditor/investor
Note
Document that may contain different name variations
Signature name affidavit
Legal document that shows transfer of real estate
Deed
Licensed professionals who specialize in real estate, insur & finance
Broker
Responsible for reviewing all docs vs EC. Ensures loan meets program eligibility and issues CTC.
Underwriting
Responsible for issuing funds & reviewing signed docs
Funder
Schedule A can be found on this doc
Title commitment
Mortgage
Written Doc evidencing the lien on a property taken by a lender as security for repayment
These are types of gov't loans
FHA/ USDA/ VA
Legal Description
Geographical description of real estate
