3 years ago

"Despite" is what kind of transition?

1 answer:

5 0

Counter claim, rebuttal. Despite means that you have more to add on, etc “Despite their enormous complaints, the governor proceeded with the new law anyway.”

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Which two of these are essential for completing an initial mortgage loan application quizlet.

Leokris [45]

The two (2) information that are essential for completing an initial mortgage loan application include:

Proof of income.
Current debts and credit history.

<h2>What is a mortgage loan?</h2>

A mortgage loan can be defined as a secured loan that is typically used to finance (purchase) or maintain a property in real estate such as a land, home, etc.

<h3>The feature of a mortgage loan.</h3>

Basically, a mortgage loan is usually provided to a borrower by a mortgage lender or a financial institution (bank) while an immovable asset (collateral) is promised by the borrower to the mortgage lender in the event that payments are stopped.

During the application of a mortgage loan, the borrower uses his or her home as a collateral. Thus, these two (2) information are essential for completing an initial mortgage loan application: