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Author Question: Lucky Louie qualified for a $250,000 mortgage for his new home. The loan application was $400, ... (Read 349 times)

bio_gurl

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on: Apr 14, 2019

Lucky Louie qualified for a $250,000 mortgage for his new home. The loan application was $400, closing attorney fee $500, appraisal fee $400, title insurance $1200, document fee $75, credit check $50. The loan requires a 1% origination fee plus 1 point ( 1 %) interest to buy down the rate. How much are Louie's total closing costs?


◦ $5,500
◦ $7,625
◦ WOW!
◦ $5,125
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by bio_gurl on Apr 14, 2019

DHRUVSHAH

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bio_gurl

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review

komodo7

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Reply 3 on: Yesterday
Excellent

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