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A longer term equals a lower monthly payment and a higher dollar amount of interest paid.
What else can I help you with?
What are the functions of the borrower's certification and authorization?
It certifies such things as: the borrower is the person who completed the loan application, understand the terms, that all information is true and complete, that more information may be required, and that it is a Federal crime, punishable by law to make any false statements concerning the loan application.
In broad terms what is a financial statements?
financial statement is simply a declaration of what is believed to be true about an enterprise, communicated in terms of a monetary unit, such as the dollar.
Is this true the interest rate on your loan will be fixed over time?
It depends on the terms agreed with the lender.
What is required to successfully apply for a government refinance loan?
A government refinance loan for your home is something that will require some prep work. You will need your currents statements, your credit score, and the terms that you wish to refinance.
What does a true statement that follows from other two statements mean In math terms?
In mathematical terms, a true statement that follows from two other statements indicates a logical implication or deduction. This means that if the two initial statements (premises) are true, then the resulting statement (conclusion) is also necessarily true. This relationship is often expressed using logical operators, such as "if...then," and is foundational in proofs and theorems. Essentially, it highlights the consistency and validity of reasoning within a mathematical framework.
What is the role of an auditor in terms of the financial statement?
External Auditor has the role to materially evaluate the financial statements and provide his opinion that 'Does financial statements reflects true and fair activities of business' or not.
What are the requirements for an SBA loan?
Some requirements for a SBA loan would include: the company would have to provide the bank with a description of the type of business, the purpose of the loan, personal financial statements, business financial statements, &the loan request.
Statements that are true for any number?
Identities are statements that are true for any number.
Can a company co-sign on a loan without disclosing the loan on financial statements?
Generally, no.
What are three statements that are true about Francis Drake?
What are three statements that are true about Francis Drake?
What is true about loan terms?
A longer term equals a lower monthly payment and a higher dollar amount of interest paid.
What are the SBA loan requirements and where can I get them from?
In order to receive an SBA loan, you will need to have a business plan, the amount you will be needing as a loan, historical financial statements, projected financial statements and the personal financial summaries of those who will be guaranteeing the loan. You should be able to apply for an SBA loan at almost any bank.
