Mortgage and Commertial Loans (Intermediate Level) Flashcards

1
Q

The loan

A

El préstamo

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2
Q

The loan principal

A

El principal de un préstamo

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3
Q

The interest rate

A

La tasa de interés o tipo de interés

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4
Q

The down payment

A

El pago inicial

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5
Q

The equity

A

Los fondos propios

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6
Q

The mortgagee

A

El acreedor hipotecario

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7
Q

The mortgagor

A

El deudor hipotecario

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8
Q

The amortization

A

La amortización

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9
Q

The term

A

El plazo

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10
Q

The refinance

A

La refinanciación

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11
Q

The foreclosure

A

La ejecución hipotecaria

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12
Q

The lien

A

El gravamen

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13
Q

The escrow

A

El depósito en garantía

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14
Q

The closing costs

A

Los costos de cierre

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