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raketka [301]
3 years ago
8

A good faith estimate is required by law to be given by the lender to the borrower within three days of submitting a loan applic

ation. What are some of the drawbacks of not having that estimate at the time of closing?
Mathematics
1 answer:
tensa zangetsu [6.8K]3 years ago
5 0

Answer: The loan estimate is standardized, and lists services you are allowed to shop for. You may not be able to shop for an appraisal fee or a credit report fee, but be able to shop for a land survey and title insurance. Lenders will vary in their requirements. Explanation: The Good Faith Estimate (GFE) was designed to encourage consumers to shop and then compare fees from various lenders before choosing a mortgage provider. Its original purpose was to help consumers understand what services they could shop for-so they not only received the lowest interest rate and best terms but saved significantly on closing costs as well.

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A certain brand of coffee comes in two sizes. A 10.15-ounce package costs 2.98. A 27.8 -ounce package costs 8.99. Find the unit
never [62]

Answer:

Size 2 with 3.1 units price

Step-by-step explanation:

Size 1:

A 10.15-ounce package costs 2.98.

Units price of size 1 = 10.15 / 2.98

= 3.4060

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Size 2:

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Units price of size 2 = 27.8 / 8.99

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The best size which is better buy based on unit price is size 2 with 3.1 units price

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3 years ago
Convert 15°C to Fahrenheit. Use the formula F = C + 32
Marta_Voda [28]

Using the equation given, F = 15 + 32 which equals 47, so I don't see how any of the choices are accurate, but if I had used the proper equation, I would get 59 Farenheit or answer D!

Hope this helps, if not, comment below please!!!

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3 years ago
The ___________ is a measure of the goodness of fit of the estimated regression equation. It can be interpreted as the proportio
Ber [7]

Answer:band

Step-by-step explanation:

4 0
3 years ago
Are the only bases that I need to use 2 and 4 along with the height 2.5 and I just ignore the 3?
vaieri [72.5K]

Answer:

7.5\ units^2

Step-by-step explanation:

The formula to find the area of a trapezoid is the following,

A=(h)(\frac{(b_1)+(b_2)}{2})

Where (h) represents the heights of the trapezoid, (b_1) and (b_2) represent the bases of the trapezoid, or rather the two parallel sides of the trapezoid.

One is given all of these values in the picture,

h = 2.5\\\\b_1 = 2\\\\b_2 = 4

Substitute these values into the formula and solve for the area of the trapezoid,

A=(2.5)(\frac{(2)+(4)}{2})

Simplify,

=(2.5)(\frac{6}{2})\\=(2.5)(3)\\=7.5

5 0
3 years ago
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5

Step-by-step explanation:

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