1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Solnce55 [7]
2 years ago
6

once a loan application is received, a creditor may not require additional information or verification until:

Business
1 answer:
nikdorinn [45]2 years ago
5 0

Once a loan application is received, a creditor may not require additional information or verification until The Loan Estimate is provided.

What is a Loan Estimate?

After submitting a mortgage application, you will receive a three-page document called a Loan Estimate.

You can learn vital information about the loan you've asked for from the Loan Estimate. After receiving your application, the lender has three business days to give you a Loan Estimate.

You can see key details on the form, such as the expected interest rate, monthly payment, and total loan closing expenses. You can find out more about the expected expenses of taxes and insurance in the loan estimate, as well as any future changes to the interest rate and payments. The application also discloses any unique terms of the loan that you should be aware of, such as prepayment penalties for early loan repayment.

So, the creatir must wait till The Loan Estimate is provided.

To learn more about Loan Estimate:

brainly.com/question/28221419

#SPJ4

You might be interested in
How should the environmental effects be dealt with when evaluating this project? The environmental effects should be ignored sin
TEA [102]
Look this up this is really hard to understand
4 0
3 years ago
If you started your own company selling iphone applications, what organizational structure would you create? why?
Sladkaya [172]

I will create a combination of functional and project-based organizational structures.  I have selected the combination due to the following rationale.

  1. There are different types and categories of iPhone applications. So, the development of each application is a project. Accordingly, competent professionals will be used and they will move from one project to another project.
  2. Selling of applications as well as taking care of HR operational aspects of the business will require people with expertise in these functional areas also. So, getting good sales as well as HR retention is the top priority for the business.
  3. A combination of these two structures will create a mix of back end and front end without any departmental inclination. So, the company will succeed.

Opting for other structures will either focus on applications or sales. But, it will be ineffective as sales will not happen without applications and applications alone cannot generate good sales without proper marketing.

Besides, there can be role confusion and conflict of interest with other organizational structure such as line only or staff only structures. Even, the selection of project-only or functional-only organizational structures will create problems and employee turnover will also increase.

Learn more about business here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
The manufacturing overhead account is debited when ______.
Rufina [12.5K]

Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.

<h3>What is manufacturing overhead cost?</h3>

It is the sum of all the indirect costs that were spent while manufacturing a product.

The amount in the manufacturing overhead account can either be a debit or credit.

It is a debit when the overhead is less than the actual overhead costs that were spent.

Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.

Learn more manufacturing overhead accounts here

brainly.com/question/15739613

5 0
2 years ago
xcel how many months can a life insurance policy normally be backdated from the date of the application
belka [17]

6 Months can be a life insurance policy normally be backdated from the date of the application.

For Example:- Suppose, he/she purchased a policy with maturity duration of 20 years in March 2022 and backdated it to October 2021, the maturity benefits of the endowment policy can be reaped a year before in October 2041 than the initial date in March 2042.

#SPJ4

4 0
2 years ago
A mask company set up a hospitality tent outside the Olympics arena. Its goal was to eoncourage patrons to view it as an Olympic
Grace [21]

Answer: Ambush Marketing

Explanation:

The mask company is engaged in Ambush marketing in the Olympics event.

Ambush marketing is a marketing technique that businesses use to give the public an impression that they are sponsoring an event when they aren't.

3 0
3 years ago
Other questions:
  • Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into you
    11·2 answers
  • It is common for supermarkets to carry both generic (store-label) and brand-name (producer-label) varieties of sugar and other p
    9·1 answer
  • Select the correct answer.
    15·2 answers
  • For the past 15 years you have been depositing $700 per month in the PIMCO bond fund, and you have now transferred your current
    9·1 answer
  • Suppose that every product in a grocery store contains a tiny transmitter, and that sensors on your shopping cart detect your se
    11·1 answer
  • When companies like Uber and Lyft join the ride-share market, what would we most likely expect to see cab drivers do to their pr
    5·1 answer
  • From an entrepreneurial perspective, ______ is a description of the future you envision for your business.
    12·1 answer
  • A firm can produce 1,000 bushels of wheat per year with two workers or 1,300 bushels of wheat per year with four workers. The ma
    13·1 answer
  • The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.
    11·1 answer
  • A site has a total of 110 acres. however, 17 acres is in a protected wetland area and 11 acres is encumbered by a utility easeme
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!