What does TILA stand for? ✔✔Truth-In-Lending Act, Regulation Z What is a HELOC loan? ✔✔a secured loan in that you are borrowing against the equity that has been built in your house What is ... a REFI loan? ✔✔ LTV stands for ✔✔Loan to Value Define PMI and state what the acronym stands for. ✔✔Private mortgage insurance- on conventional loans Define one time variable funding fee and people in what situations is it waived for? ✔✔Disabled veterans and surviving spouses. USDA loans are also called what? ✔✔502 loans Define MIP ✔✔Can be paid up front or in installments. Mortgage insurance premium used by FHA to protect themselves against higher-risk borrowers who are more likely to default on loans Define APR ✔✔annual [Show More]
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