Home › Cheat sheets › Financing & Lending

Financing — Quick Glossary

National · Financing & Lending — free cheat sheet for the real estate licensing exam.

🏦 Financing & Lending

📋 The 1-minute cheat sheet

LTV = loan ÷ value (>80% usually needs PMI)
PITI = Principal, Interest, Taxes, Insurance
1 point = 1% of the loan (buys down the rate)
FHA insures · VA guarantees · Conventional = neither
ARM = rate adjusts to an index; fixed = constant
Amortized = paid to $0 by term end; balloon = big final pmt
Reg Z (TILA) discloses APR; RESPA bans kickbacks

Practice this topic free in the CinnaPrep app →

Related in Financing & Lending

Note vs Mortgage vs Deed of TrustNational Foreclosure & RedemptionNational FHA vs VA vs USDA vs ConventionalNational Points, LTV & PMI — The NumbersNational TILA · RESPA · TRID TimelineNational Amortization — Where Payments GoNational Loan Types — Quick CompareNational Common Loan TypesNational

Questions students ask

Is Financing — Quick Glossary on the real estate exam?

Yes. Financing & Lending is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

Browse by topic

🏘️ Ownership 🤝 Agency 📐 Valuation 📄 Contracts ⚠️ Disclosures 💼 Practice 🧮 Math 🔑 Leasing ⚖️ Fair Housing 🏛️ State Law