Finance vocabulary makes up 9% of real estate exam questions. Here are the top 10 finance terminology you need to know in order to prepare for the exam.
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Obviously, there you have to know your real estate vocabulary to do well on the exam. That’s why we’re highlighting the most important finance vocab you need to know for the real estate exam.
Chapters:
00:00 – Finance terminology
00:16 – What is a beneficiary?
01:00 – What is equity in real estate?
01:46 – What does FHA mean?
03:50 – What is a lien in real estate?
04:45 – What is a mechanic’s lien?
05:10 – What is an acceleration clause?
06:30 – What does underwriting mean?
08:10 – What does hypothecation mean?
09:28 – What is the debt-to-income ratio?
10:34 – What is a fixed-rate loan?
#realestatefinance #realestateterminology #realestateterms
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