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sleet_krkn [62]
3 years ago
15

A lender estimates the closing costs on a home loan will be 3% of the loan amount of $180,000. The actual closing costs are list

ed below.
Closing Cost
Charge
Loan origination
$345
Title insurance
$600
Attorney's fees
$1,350
Appraisal
$480
Inspection
$550
Recording fees
$175
Escrow
$1,900

Evaluate the lender's good faith estimate.
a.
The lender made an excellent estimate; it was equal to the actual closing costs.
b.
The lender made a very good estimate; it was within 0.25% of the actual closing costs.
c.
The lender made a fairly good estimate; it was between 0.25% and 0.5% of the actual closing costs.
d.
The lender made a poor estimate; it was higher than 0.5% of the actual closing costs.
Mathematics
2 answers:
kvasek [131]3 years ago
8 0

Answer:

A

Step-by-step explanation:

EDGE2021

ElenaW [278]3 years ago
3 0

Answer:

a.

The lender made an excellent estimate; it was equal to the actual closing costs.

Step-by-step explanation: 100% on EDG. 2020

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<h2>Explanation:</h2>

Translating a shape is part of that we called Rigid Transformations. This is called like this because the basic form of the shape doesn't change. So this only changes the position of the chape in the coordinate plane. In mathematics, we have the following rigid transformations:

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<h2>Learn more:</h2>

Translation: brainly.com/question/12534603

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