AppraisalAppraised valueCapsIMIP, initial mortgage insurance premiumLender creditOrigination feeThird party closing costsClosing costsExpected interest rate (EIR) lock-inExpected interest rate, EIRFederal Housing Administration (FHA)DissipationCompensating factorsResidual incomeFinancial abilityExtenuating circumstancesSatisfactory creditFinancial willingnessFinancial assessmentHECM counseling, reverse mortgage counselingLoan limit, lending limitIndexInitial interest rate (IIR)LIBOR Cap 5, 1-Year LIBOR Cap 5, Cap 5Line of credit (LOC), credit lineLine of credit growth rateNon-borrowing spouse (NBS)Loan programLump sumMandatory obligationsMarginMaturity eventMaximum claim amount (MCA)Modified tenureModified termMortgage insurance premium, MIPMutual Mortgage Insurance Fund (MMIF)Non-recoursePrincipal limit (PL)Principal Limit Factor Tables, PL Factor TablesPrincipal limit factor, PL factorProperty charge payment historyProperty chargesRepair set asideLESA, life expectancy set aside, reverse mortgage LESAServicer, mortgage servicerServicing feeTenureTermOccupancy checkTitle insuranceTraditional mortgage, "forward" mortgageCMT Monthly Cap 5