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
Maslowich
3 years ago
14

Describe how you would apply for a mortgage.

Business
1 answer:
ExtremeBDS [4]3 years ago
5 0

You have to complete a " Mortgage Application", the application will usually ask for a credit report, any credit accounts, amount of income, available funds, credit card balances, and a price range. Once a lender has reviewed your application he/she will decide rather to approve or disapprove your application. If your application is approved you will need to make a down payment. A borrower with good/excellent credit is more likely to be approved for a mortgage. Interest rates will determine how much you will pay monthly. Interest rates can also change while the loan application is being reviewed and processed by the lender.

You might be interested in
Shore Company reports the following information regarding its production cost. Units produced 36,000 units Direct labor $ 31 per
Sedaia [141]

Answer:

$73.86 per unit

Explanation:

The computation of the cost per unit under the absorption costing is as follows

= Direct material per unit + Direct labor per unit + variable overhead per unit + fixed overhead per unit

where,

Variable overhead cost per unit

= $288,000 ÷ 36,000 units

= $8 per unit

And, the fixed overhead cost per unit is

= $102,920 ÷ 36,000 units

= $2.86 per unit

So the cost per unit is

= $32 + $31 + $8 + $2.86

= $73.86 per unit

3 0
3 years ago
Defendant Mcpherson owned property adjacent to the first presbyterian church and wanted to build a gas station on the property.
SCORPION-xisa [38]

The court did not uphold the injunction because the property on which Mcpherson wants to build the Gas station that belongs to Mcpherson has the right to build a gas station on that so Mcpherson challenged this decision any upper court.

<h3>What is an Injunction?</h3>

An injunction is a legal order requiring a person or entity to either cease doing or else start doing some specific action or task.

Thus, in this case, Mcpherson can challenge the lower court's decision in the upper court that prevents him from making a gas station on land that belongs to him.

Learn more about Injunction here:

brainly.com/question/18635611

#SPJ1

5 0
2 years ago
What are two advantages and two disadvantages of the informal economy
AnnyKZ [126]

Answer:

Advantages of Informal Sector employment:

Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.

There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.

You are saved the hassle of paying Pay As You Earn tax.

There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.

Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.

Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.

Disadvantages of Informal Sector employment:

Little or no job security.

Unprotected by labour laws.

Odd working hours.

No pension, insurance or health insurance scheme.

Summary dismissals.

Difficult to make any savings due to low wages.

A brief illness or injury or injury can mean no financial means to survive.

Explanation:

4 0
3 years ago
Aggregate demand is everything produced while simple demand is one good. which statement reflects simple demand?
liq [111]
B because it’s most average
8 0
3 years ago
What are most employers looking for in a job candidate?
adelina 88 [10]

People skills

if you dont have people skills you wont be able to properly care for the customer

7 0
3 years ago
Read 2 more answers
Other questions:
  • What is a major internal concern that could affect the incorporation of social media int?
    5·1 answer
  • Suisse Internationale, a Swiss maker of athletic equipment, enters into a price fixing agreement with Total World Sports, a U.S.
    12·1 answer
  • On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life
    8·1 answer
  • Maren received 10 NQOs (each option gives her the right to purchase 8 shares of stock for $8 per share) at the time she started
    14·1 answer
  • In capital budgeting analysis, the cash flows are estimated based on:a.forecasts of future cash revenues, expenses, and investme
    13·1 answer
  • bonds that are purchased with the intent of selling them in the near future to take advantage of short-term price changes are cl
    5·1 answer
  • WILL MARK BRAINLIST!
    12·2 answers
  • Some managers set long-term goals and define strategies to achieve them. These are
    10·1 answer
  • Trends among category killers such as Staples for office supplies and Best Buy for electronics include price matching and ______
    15·1 answer
  • In an organization with compensation that has ______ outcome interdependence, a(n) ______ portion of the employee's pay depends
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!