Who normally pays the discount points when a conventional loan is taken out to purchase a residence?
A) Broker
B) Seller
C) Lender
D) Buyer
Correct Answer:
Verified
Q6: The expenses, which a lender incurs while
Q7: A house sells for $102,000 and is
Q8: A mortgage lender will lend based on
Q9: Discount points are more likely to be
Q10: The value of the property above the
Q12: The buyer agrees to pay $90,000 for
Q13: As payments are made, the amount of
Q14: Using the rule of thumb used by
Q15: The type of loan whereby the borrower
Q16: A home buyer wants to borrow $100,000.
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