Question: Points are also known as . third party changes, reduction in payment amount, loan discount fees or reduction of mortgage yield

Points are also known as.third party changes, reduction in payment amount, loan discount fees or reduction of mortgage yield

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

When referring to mortgages, points are also known as: Third party charges Reduction in payment amount Reduction of mortgage yield Loan discount fees

Q:

1. In regards to purchase-money mortgages, what scenario is not appropriate for its use? Group of answer choices a. The buyer cannot come up with the down payment needed to qualify for a mortgage b....

Q:

Points are also known as: A.Third party charges B. Reduction in payment amount C. Loan discount fees D. Reduction in mortgage yield

Q:

Question number 17, 18, 19, 20 of Real Exzxstate Finance Test bank as attached CHAPTER 4 Fixed Interest Rate Mortgage Loans TRUE/FALSE 1. Inflation makes very little difference to lenders of and...

Q:

Comments: Please solve as soon as possible and only show the option of the mcq Question 1. Which is NOT a component of an ARM? a A margin b. An index C. A chapter d. Caps 2. A borrower has a 30-year...

Q:

Comments: Please solve as soon as possible and only show the option of the mcq Question and solve in 30 minute 9. Points are also known as: a third party charges. b. reduction in payment amount....

Q:

Points are also known as: Multiple Choice loan discount fees. reduction of mortgage yield. third party charges. reduction in payment amount.

Q:

Homework: ARM problems Handwrite your solutions. Handwrite means handwrite, not type. Must show calculations to receive credit. You may explain your logie in words rather than formulas if you wish....

Q:

Points are also known as: reduction of morigage yield. third party charges. loan discount fees. reduction in payment amount.

Q:

hi I need help with the mathematical steps of this. this is a hint chart so I'm assuming my math needs to match up 1. You are seeking a 30 year ARM loan of $250,000 which will charge 2 points. You...

Q:

"Plan, organize, lead & control" (polc) are the four functions of management. Just as this mantra is essential to good organizations, it can be used in our everyday lives. We can utilize polc as...

Q:

What are some of the differences between a desktop system and a Web-based system?

Q:

BE9.13 (LO 4) Indicate which of the following costs should be expensed when incurred. a. 13,000 paid to rearrange and reorganize machinery. b. 200,000 paid for addition to building. c. 200 paid for...

Q:

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...