Mathematics, 12.07.2019 15:40, Osmin
Alender estimates the closing costs on a home loan of $50,000 as listed below. closing cost charge loan origination $200 title insurance $530 attorney’s fees $600 appraisal $265 inspection $575 recording fees $130 escrow $800 if the lender's good faith estimates are accurate, are they a reasonable amount for closing costs? why or why not? a. yes, because the lender esitmated 3.08% of the home loan in closing costs which falls between 3 - 5%. b. yes, because the lender estimated 4.6% of the home loan in closing costs which does not fall between 3 - 5%. c. no, because the lender estimated 6.2% of the home loan in closing costs which does not fall between 3 - 5%. d. no, because the lender estimated 17.7% of the home loan in closing costs which does fall between 3 - 5%.
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Alender estimates the closing costs on a home loan of $50,000 as listed below. closing cost charge l...
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