A lender considering making a loan on an existing income property will look at a number of classic tests Each of the ones below are very commonly referenced by a lender EXCEPT DCR (or DSCR) LTV Debt Yield Standard deviation

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 05, 2024

A lender considering making a loan on an existing income property will look at a number of classic tests. Each of the ones below are

A lender considering making a loan on an existing income property will look at a number of classic tests. Each of the ones below are very commonly referenced by a lender EXCEPT:

DCR (or DSCR)

LTV

Debt Yield

Standard deviation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Illustrating Finance Policy With Mathematica

Authors: Nicholas L. Georgakopoulos

1st Edition

3319953710, 978-3319953717

More Books

Students also viewed these Finance questions

Question

★★★★★

Dr. Alyx Hemmings is employed by Mesa Dental. Mesa Dental recently installed a computerized job-order costing system to help monitor the cost of its services. Each patient is assigned a job number...

Answered: 1 week ago

Question

★★★★★

8 . value: 1.00 points Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget...

Answered: 1 week ago

Question

★★★★★

12.13 Global Warming? The following table shows annual mean global surface temperature anomaly for the period 1972 to 2001 provided by the Global Historical Climate Network (GHCN). a. Which of the...

Answered: 1 week ago

Question

★★★★★

Poke a hole in a piece of cardboard and hold the cardboard horizontally in the sunlight (as in Figure 1.6). Note the image of the Sun that is cast below. To convince yourself that the round spot of...

Answered: 1 week ago

Question

★★★★★

Selected transactions from the journal of Kati Tillman, investment broker, are presented below Post the transactions to T-accounts. Prepare a trial balance at August 31, 2015

Answered: 1 week ago

Question

★★★★★

Management has requested that you prepare a matrix analysis of both environmental and financial contexts for your proposed sustainability initiative. Organize and include the following in your...

Answered: 1 week ago

Question

★★★★★

Which of the following statements are true? i) The variance-covariance matrix has the corresponding covariances in the main diagonal. ii) The variance-covariance matrix can be used to estimate the...

Answered: 1 week ago

Question

★★★★★

Question 12 Identify the correct statement about an arm's-length transaction. 1 pts It is a transaction involving a party that is controlled by another entity and does not act on its own behalf. It...

Answered: 1 week ago

Question

★★★★★

Jack and Jill need to save $8600 toward a new car. How long willit take them if they save $280 a month earning an annual interestof 6.7% (compounded monthly)? (Treat as an ordinary annuity.)(State 1...

Answered: 1 week ago

Question

★★★★★

a) Derive the midpoint average equation fn-1 + fn+1 2 from the Taylor series expansion of fn-1 and fn+1 centered at fn- b) What is the accuracy of this approximation? Justify.

Answered: 1 week ago

Question

★★★★★

An ad for Hydroxycut, a dietary supplement sold as a weight loss aid, depicts a handsome man with an open shirt with ripped abdominal muscles who claims that he "was shocked at how fast Hydroxycut...

Answered: 1 week ago

Question

★★★★★

points to allocate between the following aspects of a job: Physical working conditions Hours of work Pay Relationships with your boss Relationships with colleagues Opportunity for promotion Benefi ts...

Answered: 1 week ago

Question

★★★★★

You have

Answered: 1 week ago

Question

★★★★★

Look up cases involving red- circling, which relates to job evaluation and equal pay claims. Examine the legal implications of the red- circling that took place in the Meteor case study.

Answered: 1 week ago

Previous Question Next Question