5 C's of Credit
What helps the borrower secure loans and gives the lender assurance, that the borrower will pay the money back?
What is Collateral
Charged when you buy into a fund
Front End
A managed fund that pools money from shareholders to invest in securities
Mutual Funds
Safe, risk free, short term
Money Market Funds
What is the money that the borrower can put down towards a down payment?
What is Capital
Meant to imitate indexes
Index Mutual Funds
What measures the borrower's ability to repay a loan by looking at the borrower's debt to income ratio?
What is Capacity
stocks, bonds, money market, cut risk through diversification
Balanced Funds