The lender’s good faith estimate is that he made a poor estimate; it was off by more than 0.5% of the actual closing costs.
<h3>What is closing cost?</h3>
All the expenduture and charges charged by a lander and other parties is called the closing cost.
A lender estimates the closing costs on a home loan will be 3.75% of the loan amount of $120,000. Thus, the estimate closing cost is,

The actual closing costs are listed below.
- Loan origination $300
- Title insurance $600
- Attorney’s fees $1,250
- Appraisal $550
- Inspection $525
- Recording fees $125
- Escrow $2,000.
The total annual cost is,

Total annual cost is $300 more than the estimate closing cost. In the percentage form,

Thus, the lender’s good faith estimate is that he made a poor estimate; it was off by more than 0.5% of the actual closing costs.
Learn more about the closing cost here;
brainly.com/question/20108287
Answer:
The answer would be D, -(-4)
Step-by-step explanation:
This is because two negatives equal a positive.
Answer: (12x^2) + 12
Step-by-step explanation:
Answer:
4.5 It doesn't come out evenly, but cross products do work.
Step-by-step explanation:
She is not correct.
50 * x = 3 * 75 Combine the right
50x = 225 Divide by 50
x = 225/50
x = 4.5
Solution: The given random experiment follows Binomial distribution with 
Let
be the number of adults who use their smartphones in meetings or classes.
Therefore, we have to find:

We know the binomial model is:






Therefore, the probability that fewer than 3 of them is 0.1111