Which of the following closing costs DO NOT increase the lender's effective loan yield?
A) Discount points
B) Prepayment penalties
C) Title insurance charges
D) Origination fees
Correct Answer:
Verified
Q21: Which mortgage would a borrower prefer to
Q22: What is the principal portion of the
Q23: APR stands for which of the following?
A)Annual
Q24: One of the first amortizing mortgages was
Q25: Demand for a mortgage loan is considered:
A)Stable
Q27: Which one of the following is TRUE
Q28: Which of the following is NOT a
Q29: At the end of five years,calculating the
Q30: In comparison to the first month's payment
Q31: Over the life of the loan,which of
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