answersLogoWhite

0

Loans

User Avatar

Sigrid Hill

Lvl 10
โˆ™ 2022-03-08 21:14:20
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
No Reviews
Leave the first rating

Rate this Study Guide:

โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
Cards in this guide (8)
Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

Armadillos are eaten by coyotes, bobcats, cougars, wolves, raccoonsand bears. Birds of prey such as eagles and hawks also eatarmadillos. Even people eat armadillos. In Central and SouthAmerica, their meat is sometimes used as a substitute for pork.

Which term is defined as the money you owe to a person business or institution that extended a loan to you

debt

Valerie wants to take out a discount loan of 569 The rate is 4.5 percent for 250 days How much interest will she pay

17.41

Calculate the simple interest on a loan with a principal of 6.000 an interest rate of 7.39 percent and a term of four years

1,773.60

Which of these is a signed promise to pay back a loan

promissory note

When is mortgage insurance typically required

when the down payment is under 20% of the homes purchase price -kaya :)

What can you expect the down payment on a mortgage loan to be

from 10% to 40% of the selling price of the home

Which type of interest is calculated on home mortgages

compound

Related study guides

Loans

11 cards

Which of these is a lien on the property that secures the promise to repay a loan

Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

Which term is defined as the money you owe to a person business or institution that extended a loan to you

Which term refers to the person business or institution that extended a loan to you

โžก๏ธ
See all cards
1.0
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1 Review

Mortgages

8 cards

What is an amortization schedule

Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

What is money put down by a potential buyer to show that he or she is serious about purchasing the home

Which type of mortgage typically offers low rates for an initial period of time after which the entire balance is due

โžก๏ธ
See all cards
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
No Reviews

What is going green

How long will negative information concerning your use of credit be kept in your credit report

Which of these is the best description of delinquency

How long will credit inquiries remain on your credit report

โžก๏ธ
See all cards
3.33
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
3 Reviews

Mortgages

30 cards

What is principal

What is an amortization schedule

What are the steps necessary to reconcile a bank statement

Which of these is the best description of delinquency

โžก๏ธ
See all cards
5.0
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1 Review

Mortgages

27 cards

What is principal

What is an amortization schedule

Which of these is the best description of delinquency

How long will credit inquiries remain on your credit report

โžก๏ธ
See all cards
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
No Reviews