ClosingDisclosure(CD)A document thatshows the actualterms and costsof a loanand theprojected monthlypaymentCommissionsA fee paid to real estateagents for their services tobuyers and sellers ofproperty. This fee is usuallya percentage of the totalsale price. It is customary,though not legallymandatory, for the seller topay the commission.DiscountPointsInterest paid bythe borrower tolower theinterest rate onthe loanDebt toIncomeRatioYour monthlydebt dividedby your grossmonthlyincomePre-QualifiedA ballparkestimate providedby a lender afterdiscussing aborrower’sfinancial situationHome SaleContingencya buyer to indicate toa seller that part oftheir condition topurchase the seller’sproperty relies on thebuyer’s ability tofinalize a close ontheir current propertyClosingWhen the home sale isconsidered final, whichtypically includes allparties’ signatures onall requireddocuments, all moniesconveyed, and when alender is involved, withfull lender’s approval.UnderwritingFinalevaluation ofthe documentsneeded tosecure a loanEscrowAlso called an impoundaccount, it spreads thecombined mortgagecosts,property taxesand insurancepremiums over the lifeof the loan into monthlypaymentsClosingCostsExpenses above andbeyond the price of theproperty (e.g., loanorigination fees, discountpoints, appraisal fees,title searches, titleinsurance, surveys,taxes, deed- recordingfees, etc.)RecordingA formal record ofownership called“the deed”, whichtransfers title andownership of theproperty to thepurchaserMortgageInsurance(PMI)Insurance requiredby some loanprograms whenthe down paymentis less than 20% ofthe home’s valueMultipleListingServiceA databaseestablished bycooperating realestate brokers toprovide data aboutproperties for sale.EarnestMoneyMoney a buyerpays the seller toshow that they’reserious aboutpurchasing thepropertyLoanEstimateA document thatprovides mortgagefee estimates forborrowers duringthe applicationprocessPre-ApprovalProvided by alender who hasreviewed aborrower’s financialdocumentation andprovided a maxloan amountOwnersTitleInsuranceA policy that coversthird-party claimson a property thatdon’t show up in theinitial title searchand arise after areal estate closing.AppraisalA report thatprovides anestimate of aproperty’svalueClosingDisclosure(CD)A document thatshows the actualterms and costsof a loanand theprojected monthlypaymentCommissionsA fee paid to real estateagents for their services tobuyers and sellers ofproperty. This fee is usuallya percentage of the totalsale price. It is customary,though not legallymandatory, for the seller topay the commission.DiscountPointsInterest paid bythe borrower tolower theinterest rate onthe loanDebt toIncomeRatioYour monthlydebt dividedby your grossmonthlyincomePre-QualifiedA ballparkestimate providedby a lender afterdiscussing aborrower’sfinancial situationHome SaleContingencya buyer to indicate toa seller that part oftheir condition topurchase the seller’sproperty relies on thebuyer’s ability tofinalize a close ontheir current propertyClosingWhen the home sale isconsidered final, whichtypically includes allparties’ signatures onall requireddocuments, all moniesconveyed, and when alender is involved, withfull lender’s approval.UnderwritingFinalevaluation ofthe documentsneeded tosecure a loanEscrowAlso called an impoundaccount, it spreads thecombined mortgagecosts,property taxesand insurancepremiums over the lifeof the loan into monthlypaymentsClosingCostsExpenses above andbeyond the price of theproperty (e.g., loanorigination fees, discountpoints, appraisal fees,title searches, titleinsurance, surveys,taxes, deed- recordingfees, etc.)RecordingA formal record ofownership called“the deed”, whichtransfers title andownership of theproperty to thepurchaserMortgageInsurance(PMI)Insurance requiredby some loanprograms whenthe down paymentis less than 20% ofthe home’s valueMultipleListingServiceA databaseestablished bycooperating realestate brokers toprovide data aboutproperties for sale.EarnestMoneyMoney a buyerpays the seller toshow that they’reserious aboutpurchasing thepropertyLoanEstimateA document thatprovides mortgagefee estimates forborrowers duringthe applicationprocessPre-ApprovalProvided by alender who hasreviewed aborrower’s financialdocumentation andprovided a maxloan amountOwnersTitleInsuranceA policy that coversthird-party claimson a property thatdon’t show up in theinitial title searchand arise after areal estate closing.AppraisalA report thatprovides anestimate of aproperty’svalue

Real Estate Lingo Bingo - Call List

(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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  1. A document that shows the actual terms and costs of a loanand the projected monthly payment
    Closing Disclosure (CD)
  2. A fee paid to real estate agents for their services to buyers and sellers of property. This fee is usually a percentage of the total sale price. It is customary, though not legally mandatory, for the seller to pay the commission.
    Commissions
  3. Interest paid by the borrower to lower the interest rate on the loan
    Discount Points
  4. Your monthly debt divided by your gross monthly income
    Debt to Income Ratio
  5. A ballpark estimate provided by a lender after discussing a borrower’s financial situation
    Pre-Qualified
  6. a buyer to indicate to a seller that part of their condition to purchase the seller’s property relies on the buyer’s ability to finalize a close on their current property
    Home Sale Contingency
  7. When the home sale is considered final, which typically includes all parties’ signatures on all required documents, all monies conveyed, and when a lender is involved, with full lender’s approval.
    Closing
  8. Final evaluation of the documents needed to secure a loan
    Underwriting
  9. Also called an impound account, it spreads the combined mortgage costs,property taxes and insurance premiums over the life of the loan into monthly payments
    Escrow
  10. Expenses above and beyond the price of the property (e.g., loan origination fees, discount points, appraisal fees, title searches, title insurance, surveys, taxes, deed- recording fees, etc.)
    Closing Costs
  11. A formal record of ownership called “the deed”, which transfers title and ownership of the property to the purchaser
    Recording
  12. Insurance required by some loan programs when the down payment is less than 20% of the home’s value
    Mortgage Insurance (PMI)
  13. A database established by cooperating real estate brokers to provide data about properties for sale.
    Multiple Listing Service
  14. Money a buyer pays the seller to show that they’re serious about purchasing the property
    Earnest Money
  15. A document that provides mortgage fee estimates for borrowers during the application process
    Loan Estimate
  16. Provided by a lender who has reviewed a borrower’s financial documentation and provided a max loan amount
    Pre-Approval
  17. A policy that covers third-party claims on a property that don’t show up in the initial title search and arise after a real estate closing.
    Owners Title Insurance
  18. A report that provides an estimate of a property’s value
    Appraisal