The two (2) information that are essential for completing an initial mortgage loan application include:
- Proof of income.
- Current debts and credit history.
<h2>
What is a mortgage loan?</h2>
A mortgage loan can be defined as a secured loan that is typically used to finance (purchase) or maintain a property in real estate such as a land, home, etc.
<h3>
The feature of a mortgage loan.</h3>
Basically, a mortgage loan is usually provided to a borrower by a mortgage lender or a financial institution (bank) while an immovable asset (collateral) is promised by the borrower to the mortgage lender in the event that payments are stopped.
During the application of a mortgage loan, the borrower uses his or her home as a collateral. Thus, these two (2) information are essential for completing an initial mortgage loan application:
- Current debts and credit history.
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38 Which ion in the ground state has the same electron configuration as an atom of neon in the ground state? (1) Ca2+ (2) Cl- (3) Li+ (4) O2-
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There are different kinds of Heat Transfer. Conduction is the transfer of Thermal energy from one object to another through the movement of Molecules Heat flows from one molecule to another because the particles are in Direct contact with one another.
Conduction is known to be described as the transfer of heat between substances that are said to be in direct contact with each other.
The more the increase in the conductor, the more fast the heat will be transferred. Metal are known to be a good conduction of heat.
Conduction is known to often take place when a substance is heated and as such particles will have a lot of energy, and vibrate more.
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