Question: Define the term point and explain how it is used, and list the different charges that can be quoted in points?

Define the term point and explain how it is used, and list the different charges that can be quoted in points?

Step by Step Solution

★★★★★

3.46 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A point is one percent of the loan amount ... View full answer

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

Document Format (2 attachments)

PDF file Icon

1524_605d88e182ff9_675780.pdf

180 KBs PDF File

Word file Icon

1524_605d88e182ff9_675780.docx

120 KBs Word File

Students Have Also Explored These Related Real Estate Principles Questions!

Q:

How has e- commerce transformed marketing? 1. Explain how social networking and the wisdom of crowds help companies improve their marketing. 2. Define behavioral targeting and explain how it works at...

Q:

Describe the term profitability index and explain how it is used to compare projects.

Q:

Identify an OD technique and explain how it is used by a specific organization, preferably one with which you have been associated.

Q:

1. From the scenario, cite your forecasting conclusions that support TFC?s decision to expand to the West Coast market. Speculate as to whether or not the agency conflict discussed in the scenario...

Q:

1. For each of the yeast-based products listed below you are to describe the following: (For Example: Appearance - Round in shape, fruity, iced, cream decorations, etc. Colour - light, dark, beige,...

Q:

answer the questions below, just options needed, only for theory questions explanation is needed in detail:- 1._________________________ are concerned with the scope or boundaries of each business...

Q:

Chart Assignment: After reviewing Ch. 10 of aplia in the text, you will put your knowledge to work. You will be constructing charts based on the information below. You must use the information found...

Q:

solve all these SECTION A (40 Marks) Answer all the Multiple-Choice Questions in this section 1. Which of the following is not a characteristic of an entity's cash equivalents, as defined by...

Q:

Course Code: OPMT 1 1 7 5 Course Name: Warehouse Management Title: Assignment 2 Student Name ( s ) : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Date: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...

Q:

ENGLISH 101: Discussion Topic For this week's discussion, concentrate on what your final essay's topic will be. Think about what you have learned during the last couple of months and decide which...

Q:

Assume that you are willing to pay $1,100 for a new personal computer that has all the bells and whistles. On the Internet, you buy one for the bargain price of $900. Unbeknownst to you, the Internet...

Q:

1. Case Question Answer Explanation 2. Case Question Answer Explanation Ibrahim is the Marketing Manager of the AAA company. He demonstrated a solid and effective ability to communicate, coordinate,...

Q:

The MacLellans originally chose to moke poyments of $ 1 , 6 0 0 per month on a $ 1 3 8 , 0 0 0 mortgage written at 7 . 4 % compounded semiannually for the first five years. After three years they...

Q:

Consider testing the difference of two population means (PX) (PY ) 0 in a nonparametric setting. Generalize Theorem 13.6.1 to obtain locally AUMP tests.

Q:

An institutional lender is willing to make a loan for $1 million on an office building at a 10 percent interest (accrual) rate with payments calculated using an 8 percent pay rate and a 30-year loan...

Q:

An institutional lender is willing to make a loan for $1 million on an office building at a 10 percent interest (accrual) rate with payments calculated using an 8 percent pay rate and a 30-year loan...

Q:

In what way does leverage increase the riskiness of a loan?

Q:

please answer 2. and 3. Question 5 2/4 pts ) 8-10 4 0 Details Score on last try: 2 of 4 pts. See Details for more. Get a similar question You can retry this question below A hospital wants to...

Q:

An investment offers a total return of 12 percent over the coming year. Alex Hamilton thinks the total real return on this investment will be only 9 percent. What does Alex believe the inflation rate...

Q:

Graph theinequalitybelow on thenumber line. y>3