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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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outline and explain how businesses can apply john kotter's 8 steps of leading change in the workplace
lutik1710 [3]
A sense of urgency - in order for the business to grow, it has to have a sense of urgency and refrain from procrastination. It has to act fast and not be left behind by new business. Plan and act are the keywords.

Building a guiding coalition - a business cannot stand alone. It needs people to help it grow. We have to interact with others who may be able to help us with ideas and purpose.

Form strategic visions and initiatives - we have to know what we want in the future and must act to become that future.

Enlist a volunteer army - get someone knowledgeable and enthusiastic to start going with the future vision of the company. 

Enable action by removing barriers - Have a straight vision of what you want for your business, don't look at the different direction that will just hamper your growth. Do strategies, visioning and have focus.

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5 0
3 years ago
Multiplying the dependent variable by 100 and the explanatory variable by 100,000 leaves the a) OLS estimate of the slope the sa
Korolek [52]

Multiplying the dependent variable by 100 and the explanatory variable by 100,000 leaves the OLS estimate of the slope the same.

Explanation:

Its because, The OLS slope coefficient calculators are not based on the weight.

In statistics ordinary least square (OLS), an estimate of uncertain parameters in the linear regression model is a linear least-square form. OLS is the highest likelihood estimator on the basis that errors naturally are distributed.

The OLS estimator is compatible when the regressors are exogenous and efficient when the errors are homoscedastic and not strongly associated within the class of linear unbiased estimators.

4 0
4 years ago
You have a loan outstanding. it requires making three annual payments of $1000 each at the end of the next three years. your ban
postnew [5]
10000÷3=3333 answer (3333)
3 0
4 years ago
The type of control that managers typically use in the input stage of the process of transforming raw materials into finished go
Mashutka [201]
The correct answer would be feedforward control. It is a control type where the process flows in the direction from the input or the raw materials to the output or the products. It regulates the input ensuring that the product meets the requirements or the standard.
3 0
4 years ago
Sunland company installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $12,0
padilas [110]

Answer:

D. $42,000 should be debited to Land Improvements

Explanation:

The cost of the land housing the parking is recorded in the land account. Other costs such as paving cost and lights are improvements and as such are added and recorded in the Land Improvements accounts.

Total Land improvements = $30,000 + $12,000

= $42,000

The right answer is D. $42,000 should be debited to Land Improvements.

4 0
3 years ago
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