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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

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Scenario:
Oksi-84 [34.3K]

The best strategy would be to invest in a property and then rent it to recover our investment and obtain additional profits.

<h3>What is an inversion strategy?</h3>

An investment strategy is an organized method of investing money in a business and making a profit in the future. This strategy allows us to organize our ideas to establish the best option that is within our reach to make the most of our investment.

<h3>What investment strategy should we use in this case?</h3>

In this case, taking into account that we no longer have pending obligations to pay, we can have $350. In this way, we can look for a property that can be paid in installments and acquire it.

Once we have paid the total value of our property, we can lease it, recover our investment and earn in the medium term.

Learn more about investments in: brainly.com/question/16822436

5 0
2 years ago
Rather than conversing with long-winded people on the telephone, you may choose to correspond with them via a/an A. personal vis
BartSMP [9]
Hello there~


The correct answer is C - Email message.


Personal visit is not good because you are too busy with other stuff. You can't send them letter because letter wasn't created to chit chatting about business with people. Messenger is too social media thing. So, email is the best.


I hope this helps!
7 0
3 years ago
Read 2 more answers
When two countries specialize in producing the goods for which they have a comparative advantage and?
olasank [31]

It can be mutually advantageous for two nations to specialize in goods for which they have a relative advantage and then trade with one another. Absolute advantage is the basis of the potential gains from specialization and trade.

<h3>What does it mean for a producer to have comparative benefit?</h3>

Comparative advantage is a requirement of a producer where it is better suited for the production of one good than another good. Good A can be made more efficiently than good B, for example. This comparison is done in terms of the option costs of each good, not in terms of pure production costs.

To learn more about Comparative advantage , refer

brainly.com/question/2827889

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3 0
2 years ago
There are ten firms in an industry. Five of the firms each have a market share of 12 percent and five of the firms each have a m
blondinia [14]

Answer:

1,040

Explanation:

The Herfindahl index is an index that is used to measure the size of firms in relation to the industry and it also shows the level of competition among the firms in the industry. The Herfindahl index is also known as Herfindahl–Hirschman Index (HHI).

The Herfindahl index is calculated by summing the square of the market share of all firms in the industry. For this question, it can be calculated as follows:

Herfindahl index = (12^2 * 5) + (8^2 * 5) = 720 + 320  = 1,040.

3 0
4 years ago
Capabilities-based planning scenarios emphasize the need for _________ incident preparedness to proceed through a capabilities-b
sp2606 [1]
<span>Capabilities-based planning scenarios emphasize the need for domestic incident preparedness to proceed through a capabilities-based approach.
This is one of the scenarios of homeland security planning scenarios. From these scenarios, homeland security capabilities can be measured. these planning scenarios are used in federal, state, local and national homeland security activities.</span>
5 0
3 years ago
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