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3 years ago

To determine a credit score, debt, available credit and total assets are all part of the

Business

1 answer:

satela [25.4K]3 years ago

4 0

Answer:

Net assets of smith family = $167,000

Explanation:

Given:

Net worth of smith family = $100,000

Net liabilities of smith family = $67,000

Find:

Net assets of smith family

Computation:

Net assets = Net worth + Net liabilities

Net assets of smith family = Net worth of smith family + Net liabilities of smith family

Net assets of smith family = $100,000 + $67,000

Net assets of smith family = $167,000

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3. When you rely on other people too much, you could lose control of your life plan. Name

ANEK [815]

Answer:

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3 years ago

The __________ is a good-faith estimate of credit costs and transaction terms that replaces the HUD Good Faith Estimate (GFE) an

lidiya [134]

Answer:

c. Loan Estimate

Explanation:

The loan estimate has replaced the Good Faith Estimate in 2015. Both documents are given by the mortgage lender to the consumer. The main purpose of the documents is for the customer to compare different offers from different lenders.

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4 years ago

Let’s suppose that a lender has established a 90% loan-to-value ratio cutoff as one of its primary underwriting criteria. If a b

sergey [27]

Answer:

77.27% or

(17/22)%

The loan will accepted

Explanation:

property value 550,000

haircut 125,000

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The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.

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3 years ago

BEFORE GETTING OUT OF YOUR CAR, AFTER PARKING AT A TWO-WAY STREET CURB, YOU SHOULD:

Semenov [28]

Answer:

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Explanation:

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3 years ago

Read 2 more answers

Rather than the borrower paying a small rate of interest in each cycle like with a credit card, the borrower using a payday loan

gregori [183]

Answer:

Rather than the borrower paying a small rate of interest in each cycle like with a credit card, the borrower using a payday loan... doesnt make you go thourgh the cycle of interest.

Explanation:

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3 years ago