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How much money does a mortgage loan broker earn?
They usually earn anywhere from 35%-75% of each loan transaction. In dollar amount you can potentially make anywhere from $1,500 up to $5,000 for each loan transaction.
Is a bank loan an asset or liability?
It Depends:If you are the bank, then the loan is an asset because, the loan customer is going to repay you the loan amount with interest and you are going to earn an income from it.If you are the loan customer, then the loan is a liability because you are going to return the money along with interest to the bank that gave you the loan.
Why bank gives loan?
Akhil Lakhan Says:- Bank gives loan because they are the professionally financial institutions whose main aim to earn profits.
Why do banks loan people money?
The banks loan people money because it is how banks earn money. The bank will loan out the money to people, and the people will have to pay back with interests so the bank will be making money by just loaning people money. That is why the banks owners get so rich. They will loan out money to a lot of people and they will put a high interest. When they get the money back, they will earn money without even doing any work.
How do loan processors earn money?
They get a commission, often fromt the points charged but it can also be a kickback from the lending institution.
Why do you pay 13 percent interest on a car loan but earn 1.5 percent on a savings account?
Because loan sharks have to earn an honest living.
How much money does a mortgage loan broker earn?
They usually earn anywhere from 35%-75% of each loan transaction. In dollar amount you can potentially make anywhere from $1,500 up to $5,000 for each loan transaction.
Joan and Maria earn money by babysitting if Loan earns twice as much as Maria and the two girls earn a total of 40how much does Maria earn?
13.33
What is a veteran affair loan?
if you are referring to a VA Home loan it is a benefit that veteran's earn if they are discharged honorably or under other then honorable conditions. You cannot earn it with a dishonorable discharge. It is a home loan program that guarantees the bank if the veteran defaults on the home mortgage the VA will step in and pay them a certain percentage (depending on the amount of the loan)
How much does a co-borrower have to earn monthly in order to be approved for a student loan?
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Is a bank loan an asset or liability?
It Depends:If you are the bank, then the loan is an asset because, the loan customer is going to repay you the loan amount with interest and you are going to earn an income from it.If you are the loan customer, then the loan is a liability because you are going to return the money along with interest to the bank that gave you the loan.
Is a bank an asset or liability?
It Depends:If you are the bank, then the loan is an asset because, the loan customer is going to repay you the loan amount with interest and you are going to earn an income from it.If you are the loan customer, then the loan is a liability because you are going to return the money along with interest to the bank that gave you the loan.
Why bank gives loan?
Akhil Lakhan Says:- Bank gives loan because they are the professionally financial institutions whose main aim to earn profits.
Can you get a loan on YoVille?
No, in the game in yoville you must go to work and earn coins or sell your items
What is the current loan officer salary?
Loan officers in the USA on average earn $40K per year. Depending on your work experience and the type of loan (residential or commercial) salaries can range from $15K to over $300K.
What is the rate of Direct Line loans?
A Direct loan of 5000 over 5 years at about 98 a month will earn 6.9%. A Direct loan of 3000 over 2 years at about 133 a month will also earn 6.9%. Both are good ways of securing investments.
Why do banks loan money?
The banks loan people money because it is how banks earn money. The bank will loan out the money to people, and the people will have to pay back with interests so the bank will be making money by just loaning people money. That is why the banks owners get so rich. They will loan out money to a lot of people and they will put a high interest. When they get the money back, they will earn money without even doing any work.
