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Buy a House but Result in Large Interest Payments - Apex

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Q: Ask us of these describes the costs and benefits of getting a mortgage?
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What are the costs and benefits of getting a mortgage?

Mortgages enable people to buy houses but result in large interest payments.


Where online can one find information on mortgages with no closing costs?

Bank Rate is a website that explains the different ways a consumer can get a mortgage with no closing costs. This site explains the benefits and the problems with getting this type of mortgage.


Which of these describe the costs and benefits of getting a mortgage?

Mortgages enable people to buy houses but result in large interest payments. Apex


What describes the kinds of decisions that result from using cost-benefit analysis?

An outcome with benefits that are greater than the costs.


Which of these most accurately describes the costs and benefits of using a credit card?

Credit cards are convenient but can result in debt.


What statement accurately describes how costs and benefits are calculated?

Calculations of cost and benefit are based on personal preferences.


Where could one get advice on obtaining a closing figure for a mortgage?

If someone is looking for advice on obtaining a closing cost figure for a mortgage, they could use a closing cost calculator which can be found on Yahoo to estimate the closing costs. The calculator takes into account all of the finer details of getting a mortgage and figuring out the closing costs.


Which of the following best describes the kinds of decisions that result from using cost-benefit analysis?

An outcome with benefits that are greater than the costs.


What are the benefits to banks of outsourcing their origination activities?

banks are able to eliminate many management and administrative costs, education and training expenses, facility expenditures, and salaries and benefits required by an in-house mortgage origination staff.


Which describes the kinds of decisionsthat result from using cost-benefit analysis?

An Outcome with benefits that are greater than the costs Apex(: <3 Brittany*


Where can one get mortgage refinance costs?

To get mortgage refinancing costs, one needs to speak to a representative of the current mortgage company. Alternatively, one should seek advice from a financial adviser.


What is the meaning of a loan origination fee?

A loan origination fee is a term that describes a fee charged by the lender to pay for the costs of evaluating, preparing and submitting the proposed mortgage loan.