Fannie Mae Foundation logo

 

Matching
Ask students to complete this section individually by matching each word
or phrase in the first column with a definition in the second column. After they have finished, discuss the answers as a group. Be sure to review any vocabulary students miss.

 

Book graphic How to Buy Your Own HomeTable of ContentsGlossaryAnswer KeyFree Resources

Unit 3 : Lesson 1: What you should know about mortgage loans

Vocabulary check Printer

If you need additional assistance

When you get to the final stages of home buying, you will find many more details you will need to know about. It is not possible to cover all of them in this book. With so many people and so much money involved, it’s important to look out for your own needs and interests. There are a number of places you can go for assistance.

Most communities have some form of nonprofit community housing agencies that you can go to if you have further questions about buying a home. Counselors at these agencies can often tell you about special loan programs for persons with low and moderate incomes, help you understand how to fill out complicated forms, and provide other services. They may also be able to tell you about educational programs for new home buyers.

You can hire an attorney (lawyer) to look over the legal documents and assist you in the final stages of home buying. If you do decide to hire an attorney, make sure to find one who has the special knowledge needed to handle real estate law.

Previous Page | Next Page