Amortization type - Study guides, Class notes & Summaries

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

SAFE-NMLS-MLO-CA Exam Study (FULL SET) ALREADY PASSED Fraud for profit is a complex scheme involving... multiple parties, including mortgage lending professionals, in a financially motivated attempt to defraud the lender of large sums of money. If a lender sells, transfers, or otherwise disposes of its interest in a mortgage and does not service the mortgage, the lender shall... provide a copy of the Closing Disclosure to the new owner or servicer of the mortgage as a part of the tr...

The upper trapezius works with what muscles as a force couple to create upward rotation of the scapula - Answer Serratus anterior What predominant anatomical position of muscle groups would be enhanced by using pulling motions - Answer Posterior What type of training would most likely lead to increased levels of testosterone insulin like growth factors and growth hormone - Answer Overload training that is of a high intensity with limited rest period What is the acceptable macro nu...

Intermediate Accounting II- Exam I Review – With Questions & All Correct Answers (Rated A+) Intermediate Accounting II- Exam I Review – With Questions & All Correct Answers (Rated A+) The most common type of liability is: - ANSWER - One to be paid in cash and for which the amount and timing are known Which of the following is the BEST definition of a current liability? - ANSWER - An obligation expected to be satisfied with current assets or by the creation of other current liabilities...

Hawaii Real Estate Review Quiz 2 with 100% Correct Answers Under a net lease, a tenant is least likely to pay A) Taxes B) Utilities C) Insurance D) Mortgage amortization - Correct Answer ️️ -D) Mortgage amortization A recapture clause is usually used in what type of lease A) Net Lease B) Gross Lease C) Percentage Lease D) Business Lease - Correct Answer ️️ -C) Percentage Lease Under Hawaii's Land Use Code, land is classified into Urban, Agricultural, and Rural and A) Comme...

Georgia MLS Practice Class Questions and Answers 100% Pass "Buy-down" describe a financing method that makes homes more affordable for prospective buyers by reducing payments in the early years of the loan. Regarding this loan technique, which of the following is true? Lenders are paid up front fees to lower the interest for a borrower in the first few years of the loan, however, negative amortization does not occur A broker has a listing for which the seller desires to net at leas...

Discrimination on the basis of any of the following could be constructed as violations of fair housing laws EXCEPT for discrimination based on a. Ethnic considerations b. Sexual considerations c. Economic considerations d. Religious considerations - C The amount of a loan expressed as a percentage of the value of the real estate offered as collateral is the a. Amortization ratio b. Loan to value ratio c. Debt to equity ratio d. Capital use ration - B A listing contract in which the br...

An investor tells his rr to purchase 50m EGG 11.7% debenture bonds. The order goes through and the bonds are purchased for 113. A year before the bond matures, it is valued at 103. What is this called? correct answers Amortization In oil and gas limited partnerships is the risk greater in developmental or exploratory programs? correct answers exploratory What is the best way to measure the GNP? (gross national product) correct answers constant dollars What is the broker's role in the t...

STATE (Nebraska) Real Estate Practice Exam 1 with Complete Solutions Restrictive Covenants prohibit all future owners from certain actions or modifications of their property and placed by private parties, consistency and desirability of a neighborhood Closing Disclosure, a statement of actual charges and adjustments, to the borrower by the lender The TRID form, TILA-RESPA escrow accounts that accumulate funds from closing costs and monthly payments to ensure that property taxes and ...

Colorado Law and Practice - Psi Real Estate Exam Already Passed Abandonment Non-payment of taxes Abstract of title A history of the ownership of parcel of land which lists transfers of title, rights, and liabilities. Acceleration Clause Upon default, all the principal installments come due to immediately Accesion owner of land is entitled to all the soil produces or all that is added to the land either intentionally or by mistake. Trade fixtures not removed are "assessed" by the owner of th...