Matching Pairs MortgagesOnline version mortgage and homeowning vocab by Catherine Lowerre 1 foreclosure or to foreclose 2 escrow 3 property or realestate tax 4 interest only 5 Market Value 6 adjustable rate mortgage ARM 7 assessed value 8 jumbo mortgage 9 Fixed rate mortgage 10 balloon mortgage 11 homeowner's insurance 12 mortgage 13 down payment money taken by bank to pay taxes home loan with a huge last payment home loan where the rate does not change the bank taking your home due to lack of payment the number the property tax is based on home loan How much you can buy the home for coverage incase something happens to your property home loan where the interest rate will vary with the market home loan for a huge amount of money tax on owned property a mortgage where only interest is paid until the last month money put down to buy a home