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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Explanation:
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Answer:
The pressure exerted on the table due to the book is 200 N/m².
Explanation:
The pressure exerted on the table due to the book is 200 N/m².
The given parameters;
mass of the book, m = 400 g = 0.4 kg
dimension of the table, = 0.10m x 0.20 m.
gravitational field strength g = 10 N/kg.
The area of the table is calculated as follows;
A = 0.1 x 0.2 = 0.02 m²
The pressure exerted on the table due to the book is calculated as follows; where;
F is the force of the book due to its weight
Thus, the pressure exerted on the table due to the book is 200 N/m².