Business

Business, 02.07.2019 13:10, j1theking18

The selling price of a property is $96,000. this can be financed if the buyer can put 10 percent down and pay a loan origination fee of 1.5 percent. how much cash must the buyer produce to complete this transaction?

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Business, 28.07.2019 22:40, kayleigh8892

How much would be collected at closing for loan fees if the sales price is $100,000 and the buyer obtains an 85% loan with an origination fee of 1% and a loan discount of 2 points?

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Business, 20.09.2019 23:20, rbrummitt1522

Alender is considering what terms to allow on a loan. current market terms are 8 percent interest for 25 years for a fully amortizing loan. the borrower, rich, has requested a loan of $100,000. the lender believes that extra credit analysis and careful loan control will have to be exercised because rich has never borrowed such a large sum before. in addition, the lender expects that market rates will move upward very soon, perhaps even before the loan is closed. to be on the safe side, the lender decides to extend to rich a cpm loan commitment for $95,000 at 9 percent interest for 25 years; however, the lender wants to charge a loan origination fee to make the mortgage loan yield 10 percent. what origination fee should the lender charge? what fee should be charged if it is expected that the loan will be repaid after 10 years?

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Mathematics, 12.10.2019 17:20, josmanu235

Henri bought a swim suit at a cost of $8. which statements are true regarding the cost of the suit? select three options. if the selling price is marked up by 25 percent, the new price will be $10. if the selling price is marked up by 40 percent, the new price will be $7.50. if the selling price is marked up by 55 percent, the new price will be $5.50. if the selling price is marked up by 70 percent, the new price will be $13.60. if the selling price is marked up by 75 percent, the new price will be $14.

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Business, 09.11.2019 03:31, Jhart1234

Broker betty is preparing a closing statement on the sale of a house for $177,000. betty is holding a $3,000 earnest money deposit and the balance of the buyer’s down payment is $22,000. the balance of the purchase price will be financed by a new mortgage, and the buyer is paying 2 points loan origination fee. the seller’s broker will receive a 6.5% commission and the buyer will pay $2,250 in miscellaneous closing expenses. real estate taxes for the current year are $2,050. the closing will take place on june 30. how much cash will the buyer have to bring to closing?

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