A lender estimates the closing costs on a home loan of $90,000 as listed below.
Closing Cost
...
Mathematics, 12.04.2021 19:10 brookemcelhaney
A lender estimates the closing costs on a home loan of $90,000 as listed below.
Closing Cost
Charge
Loan origination
$180
Title insurance
$365
Attorney’s fees
$795
Inspection
$300
Recording fees
$120
Escrow
$980
The actual closing costs were:
Closing Cost
Charge
Loan origination
$180
Title insurance
$340
Attorney’s fees
$830
Inspection
$375
Recording fees
$150
Escrow
$1,000
Evaluate the lender's good faith estimate as a percentage of the loan amount.
a.
The lender made a very good estimate; it was within 0.25% of the actual closing costs.
b.
The lender made a fairly good estimate; it was between 0.25% and 0.5% from the actual closing costs.
c.
The lender made a somewhat poor estimate; it was between 0.25% and 0.5% from the actual closing costs.
d.
The lender made a very poor estimate; it was between 0.5% and 0.75% from the actual closing costs.
Please select the best answer from the choices provided
A
B
C
D
Answers: 3
Mathematics, 21.06.2019 15:00
With this question! what is process of elimination? ? p.s. my brothers acc got banned so add his new one @ yamauchiyamyam17
Answers: 2
Mathematics, 21.06.2019 17:00
Describe what moves you could use to create the transformation of the original image shown at right
Answers: 1
Mathematics, 21.06.2019 17:20
Given: hf || jk; hg ? jg prove: fhg ? kjg to prove that the triangles are congruent by asa, which statement and reason could be used as part of the proof? fgh ? kgj because vertical angles are congruent. jkg ? hfg because vertical angles are congruent. fhg ? jkg because right angles are congruent. hfg ? kjg because alternate interior angles are congruent.
Answers: 1
Mathematics, 21.06.2019 18:00
Clara schumann is buying bagels for her coworkers, she buys a dozen bagels priced at $5.49 a dozen. the bakery's cost for making the bagels is $2.25 per dozen. what is the markup rate based on selling price on a dozen bagels?
Answers: 1
English, 06.04.2020 23:07
Mathematics, 06.04.2020 23:08
Mathematics, 06.04.2020 23:08
History, 06.04.2020 23:08
Geography, 06.04.2020 23:08
Mathematics, 06.04.2020 23:08
Mathematics, 06.04.2020 23:08