History Peopie Window Help Secure Homework 4 Chapters 12 to 14 Help Save& Exit S

Question

History Peopie Window Help Secure Homework 4 Chapters 12 to 14 Help Save& Exit Submit MC Qu. 21 When a borrower (the buyer) applies... 47 When a borrower (the buyer) applies for a loan, the lender will provide him/her with which of the following forms that includes details pertaining likely to incur at the closing? to specific loan information and an estimate of expenses that the borrower is Mutiple Choice* certificate of occupancy kickback agreement Your Home Loan Toolkit booklet Prex47 of 50E Next>

Explanation / Answer

The correct option is (d) Loan estimate

Loan estimate is a form which the lender provides to the borrower. Loan estimate form has important information like interest rate on loan, monthly installment amount and closing expenses for the loan.

Certificate of occupancy is issued by a loacal government agency which certifies building'd compliance with applicable building codes and other related laws and the building is in a condition suitable for occupancy.

Kickback agreement is an agreement between an employer and ana emplyoee under which the employee agrees to surrender to the employer part of the compensation to which the employee is entitled under the contract of employment

Home loan toolkit booklet helps in understanding mortgage process easily.

Kindly positively rate the answer if you feel satisfied. Feel free to ask if you have any doubts. Thanks

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.