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tankabanditka [31]
3 years ago
8

________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to

purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.
Business
1 answer:
azamat3 years ago
8 0

Answer:

wrap around mortgage

Explanation:

A wrap-around mortgage is can be used in deals of owner-financing.

Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.

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The _____is a personality assessment model that taps basic dimensions encompassing most of the significant variation in human pe
Vitek1552 [10]

Answer:

Big Five model

Explanation:

The Big Five model also known as the Five Factor Model (FFM) or Ocean or Canoe model is a way of grouping human behavior/traits. This behavior or traits are subject to relationship between words.

The Ocean or Canoe (OCEAN/CANOE) abbreviation is a combination of the first letters of the words of the the five(big five) traits.

Openness to experience, Conscientiousness, Extroversion, Agreeableness, emotional stability(Neuroticism). It can also be rearranged to form CANOE as well.

This five traits are also affected by the upbringing or family cultures as well. Anyone described with any of the above word is most likely to have attributes that exemplify the meaning of the words.

I hope this helps.

4 0
4 years ago
Which one of the following could not be called income?
SashulF [63]

Answer: where is the question

Explanation:

3 0
3 years ago
New York State also has a data disposal law requires that any person or business destroying records must take action that is con
givi [52]

Answer:True

Explanation: Data disposal law is a law which is usually enacted by the States in the United States of America,they contain necessary information and details concerning how the personal data and information of persons including their Employee can be disposed by both Government and private business entities.

DATA DISPOSAL LAWS ENSURES THAT THE RIGHT TO PRIVACY OF DATA OR INFORMATION IS GUARANTEED AND PROTECTED IN ORDER TO PREVENT THE DATA FROM BEING ABUSED OR ACCESSED BY OTHER PARTIES.

7 0
4 years ago
Piper Corporation’s standards call for 6,000 direct labor-hours to produce 1,500 units of product. During October the company wo
Nikolay [14]

Answer:

The standard hours allowed for October would be 5,400 hours

Explanation:

For computing the standard hours allowed for the October month, first, we have to compute the standard per hour unit which is shown below:

= Standard direct labor ÷ Number of units to be produced

= 6,000 ÷ 1,500

= $4

Now, in October month, the direct labor worked for the 1,350 hours and the standard price per unit is $4, So standard hours allowed is

= October direct labor hours × standard price per unit

= 1,350 hours × $4

= $5,400 hours

8 0
4 years ago
What did the nixon administration do to help close the economic gap between blacks and whites answers?
Zigmanuir [339]
<span>What did the Nixon administration do to help close the economic gap between blacks and whites? Nixon's administration developed the civil rights law concerning blacks and whites to end discrimination and racial activity within the United States. Civil rights laws were developed to guarantee rights and equal treatments between different types of individuals. No discrimination allowed. </span>
7 0
3 years ago
Read 2 more answers
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