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A ________ is a loan that helps you purchase a home.

• Mortgage
• Closing 
• Interest Rate
• Appraisal

What is the final step in the loan process?

• Closing
• Pre-approval
• Application
• Processing

If you don't make your payments on time, you can damage your ________

• Debt
• Credit rating
• Mortgage
• Appraisal

Taxes that you pay once a year based on the market value of your property.

• Income Taxes
• Sales Tax
• Property Tax
• Mortgage Tax

A type of insurance that will protect your property against losses as a result of fire, wind, etc.

• Homeowner's insurance
• Appraisal insurance
• Health insurance
• Car insurance

Which of the following is NOT a cost of moving into an apartment?

• Cleaning Service
• Last month's rent
• Security deposit
• First month's rest

How often do you pay property tax on a house?

• Weekly
• Monthly
• Quarterly
• Yearly

Where do you go to obtain a mortgage to buy a house?

• Bank
• DMV
• Realtor
• Post office

A discount point that is 1% of the purchase price of a house is a:

• Loan Point
• Bank Point
• Credit Point
• Mortgage Point

You need to know the length and width of a room to figure out how much you need of:

• Paint
• Baseboard
• Carpet
• Ceiling Fan

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