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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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HELP PLEASE!!!!!!!!
Taya2010 [7]

Hi There! I’m happy to help! Answer: $23.05

Step-by-step explanation:

First, since there is 3 shirts that cost $25.65, multiply them. Product is $76.95. Now, we subtract the $76.95 from the $100, making $23.05 her change. Hope this helps!

8 0
3 years ago
Read 2 more answers
A shoe store buys a pair of boots from a supplier for $45. The store's manager decides on a markup of 35%. What is the new price
Gnom [1K]

Answer:

The new price of the books = $60.75

Step-by-step explanation:

  • As the original price is: $45

As the markup is: 35% = 35/100 = 0.35

The Markup on the original price is:

0.35 × 45 = $15.75

Hence, the new price of the boots:

$45 + $15.75 = $60.75

Therefore, the new price of the books = $60.75

6 0
2 years ago
Write an equation of the line that passes through (2, -3) and is perpendicular to the line y=-2x-3
Natalija [7]

Answer:

y=\frac{1}{2} (x-2)-3 or y=\frac{1}{2} x-4

Step-by-step explanation:

The perpendicular slope is the opposite-reciprocal of the original slope:

Perpendicular slope of -2 is \frac{1}{2}

Write the equation in point-slope form (y=a(x-h)+k):

y=\frac{1}{2} (x-2)-3

Convert to slope-intercept form if needed:

y=\frac{1}{2} x-1-3

y=\frac{1}{2} x-4

8 0
3 years ago
Read 2 more answers
Write an expression for the sequence of operations described below.
Lemur [1.5K]
This might look hard at first, but if you break it down into parts, it will be much easier. With that said, start with what you know. You see that the word problem says "the difference of y and 9", which means that you have to stubtract them. So, part of the equation is going to be y - 9. Now to look at the rest of the word problem. It says to divide by 3, so now you have to take what you have so far and divide that by 3. This means that you are going to have to divide the y - 9 by 3. 

Your answer should be:
y - 9 / 3

***** Note: The slash means division. *************************************
8 0
2 years ago
Use the grouping method to factor x^3+x^2+3x+3
maks197457 [2]

Answer:

(x^2 + 3)(x + 1).

Step-by-step explanation:

x^3 + x^2 + 3x + 3

= x^2(x + 1) + 3(x + 1)

= (x^2 + 3)(x + 1).

7 0
2 years ago
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