Able to identify 2 of 3 loan term differences, special types of loans, and rate types. Able to identify 1 of 3 loan term differences, special types of loans, and rate types. Does not know different types of mortgages. Justify amount of money to use for a down payment Given an average income and cash available, student can make a educated judgement, and reasoning. Student can give an educated judgement without explanation.
Student can give a judgement that is justifiable.
Judgement is missing or unreasonable. Conclusion Throughout this webquest, you and your partner have used collaborative efforts to discover many details about the home buying and mortgage process. You have analyzed this information and determined what is relevant to teach to the remainder of the class. This information will be of great importance to you when you are ready to purchase a new home. It will help you reasonably determine which is the appropriate mortgage for you and your needs.