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Mars2501 [29]
2 years ago
8

Which two of these are essential for completing an initial mortgage loan application quizlet.

SAT
1 answer:
Leokris [45]2 years ago
7 0

The two (2) information that are essential for completing an initial mortgage loan application include:

  1. Proof of income.
  2. 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:

  • Proof of income.
  • Current debts and credit history.

Read more on mortgage loan here: brainly.com/question/14311797

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Arnold industries has pretax accounting income of $32 million for the year ended december 31, 2021. The tax rate is 25%. The onl
ruslelena [56]

It can be deduced that the income taxable in the current year will be $6.0.

<h3>How to calculate the income tax payable</h3>

From the complete information, the income tax payable will be calculated thus:

  • Pretax accounting income = $32.00
  • Rent cost in 2022 = $2.0 × 25% = $.05
  • Rent cost in 2023 = $2.0 × 25% = $.05
  • Rent cost in 2024 = $2.0 × 25% = $.05
  • Rent cost in 2025 = $2.0 × 25% = $.05

Total deferred tax = $2.0

Therefore, the income taxable in the current year will be:

= $24.0 × 25%

= $24.0 × 0.25

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Learn more about tax on:

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7 0
2 years ago
Which of the following will you need to prepare the claim form
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<span>C) the explanation of benefits</span>
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3 years ago
(5372 + 100y^2) + 5(10y^2 – 110) Add the two polynomials and write in the form ay^2 + b, where a and b are constants, What is th
dangina [55]

Answer:

The value of a is 150 and b is 4822.

Explanation:

First, you have to expand to remove brackets :

(5372 + 100 {y}^{2} ) + 5(10 {y}^{2}  - 110)

= 5372 + 100 {y}^{2}  + 50 {y}^{2}  - 550

Next, you have to simplify :

100 {y}^{2}  + 50 {y}^{2}  + 5372 - 550

= 150 {y}^{2}  + 4822

Next, you have to compare it :

a {y}^{2}  + b = 150 {y}^{2}  + 4822

a = 150

b = 4822

5 0
4 years ago
Indeed what does clicking the sign below do assessment answers
earnstyle [38]

The clicking the + sign shows that one should Adds a new Worksheet.

<h3>What is work sheet?</h3>

The term Worksheet is known to be that which is often used in Excel documents as it is the set of cells that are often organized in rows and also in columns.

Note that It is the working area that a person often use to interact with to enter data.

Hence, The clicking the + sign shows that one should Adds a new Worksheet.

See full question below

What does clicking the + sign below do? 195 196 197 198 199 200 Advanced Basic Intermediate Circular References Ready Q Adds a new Row Adds a new Function O Adds a new Column Adds a new Worksheet Search for anything o

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2 years ago
The nitrogen atoms in a molecule of n2 share a total of.
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Answer: 6!!!

Explanation:

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