If you purchase a house worth $110,000 and make a 10% down payment, how much would 1 mortgage point cost at closing?
A) $765
B) $990
C) $1,100
D) $1,530
E) $1,800
Correct Answer:
Verified
Q52: Which of the following are tax deductible
Q53: If the maximum loan-to-value ratio that a
Q54: The purchase price of the house you
Q55: _ are ongoing costs of homeownership.
A) Down payments
B)
Q56: The data in a Multiple Listing Service
Q58: A real estate sales contract will include:
A)
Q59: When you lease your apartment from a
Q60: If your lender charges 1.5 mortgage points
Q61: On an adjustable-rate mortgage (ARM), the percentage
Q62: A type of financing made available by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents