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 5Non-borrowing spouse (NBS)Loan programLump sumMarginMaturity 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 checkmandatory obligationsTitle insuranceTraditional mortgage, "forward" mortgageCMT Monthly Cap 5