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Gnesinka [82]
4 years ago
7

Identify the paperwork required to get prequalified for a mortgage loan and to close on a home purchase deal.​

Business
2 answers:
mr Goodwill [35]4 years ago
8 0

Answer:

Documents Required for Mortgage Loan:

- consumer's credit score

- consumer's income statement

Documents Required to Close on a Home Purchase:

- transfer of title ownership

- mortgage loan agreement

Nataly_w [17]4 years ago
4 0

Documents Required for Mortgage Loan:

- Consumer's credit score - this helps determine the amount of money that is allowed to be borrowed, the rate of payments due and the amount of interest added to the loan.

- Consumer's income statement - this is needed for proof of income when submitting the loan application.

Documents Required to Close on a Home Purchase:

- Transfer of title ownership - when a home is purchased, there is a transfer title of ownership from the previous owner or builder to the new homeowner.

- Mortgage loan agreement - this is signed by the borrow that they will pay their mortgage on the home each month

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Exxon Mobil enters into a pact with Gazprom, the world's largest natural gas extractor, to set up a processing unit in Baku, Aze
Shkiper50 [21]

Answer:

D) To gain access to low-cost inputs of production

Explanation:

Since Gazprom is the world's largest natural gas producer, its operation costs must be relatively low due to economies of scale. Since Exxon Mobile is setting a new plant in Azerbaijan, it will need a large supply of natural gas and the cheaper it is, the better. In this case, Gaxprom provides the raw material and Exxon Mobile processes the materials.

8 0
3 years ago
Morgan and Flynn owned a partnership business that was facing financial difficulties. The debts of the business were getting out
ahrayia [7]
<span>They can file the bankruptcy code under chapter 11. 

</span>This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11<span>.
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I hope my answer has come to your help. God bless and have a nice day ahead!
8 0
4 years ago
General Importers announced that it will pay a dividend of $3.30 per share one year from today. After that, the company expects
masha68 [24]

Answer:

$9.40

Explanation:

First we have to calculate the future value of the stock when it starts to pay the $1.40 using the perpetuity formula:

stock price in 7 years = $1.40 / 10.7% = $13.08

Now we have to find the present value of both next year's dividend and the perpetuity:

stock price = ($3.30 / 1.107) + ($13.08 / 1.107⁷) = $2.98 + $6.42 = $9.40

3 0
3 years ago
Approximately what percent of regular army soldiers (excluding army reserves and national guard) currently serve in infantry uni
anyanavicka [17]
Base on the study of finding, the rate of the percent of regular army soldiers currently serving in the infantry units is about twenty percent. The results has showed that their are approximately twenty percent of regular army soldiers who are serving in the infantry units.
4 0
4 years ago
Suppose the market for cantaloupes is unregulated. That is, cantaloupe prices are free to adjust based on the forces of supply a
riadik2000 [5.3K]

Answer:

higher

buyers to offer higher prices

Explanation:

When there's a shortage in the market, demand exceeds supply. A shortage can be caused either by an increase in demand or a fall in supply. When there's a shortage prices rise.

To curb the shortage, buyers would offer an higher price. This would either increase supply or decrease demand and equilibrium would be restored.

I hope my answer helps you.

6 0
3 years ago
Read 2 more answers
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