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23)Which of the following closing costs do not increase the lender's effective loan yield? A.Discount points B.Prepayment penalties C.Title insurance charges D.Origination fees 24)Which loan
23)Which of the following closing costs do not increase the lender's effective loan yield?
A.Discount points
B.Prepayment penalties
C.Title insurance charges
D.Origination fees
24)Which loan should have the lowest initial interest rate?
A.A fixed rate Mortgage.
B.A 10 year interest only loan.
C.A 1 year adjustable.
D.A 5 year adjustable loan.
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