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v When looking at residential mortgage loans, they come in various types or classifications. These are primarily determined by Ch The credit quality of the
v When looking at residential mortgage loans, they come in various types" or classifications. These are primarily determined by Ch The credit quality of the borrower The regulatory status of the lender O the risk of the real estate offered as security O The status of the loan for placement in the secondary market QUESTION 4 4 Assume a 30 year fixed rate, fully amortizing mortgage for $260,000 at a stated rate of 5% with monthly payments and WITH 2 POINTS at dong What is the payoff at the end off year Ch O $231,666 Ob 1224,147 O-$251,402 041243418 P O E 1100 4/20 estion 8 Assume a 30 year foxed rate, fully amortizing mortgage for $260.000 at a stated rate of SH with monthly payments and WITH 2 POINTS at closing. What is the loan payoff at the end of four years CM Oa1231,686 Ob5224,147 Oc1251,402) Od4243438 When looking at residential mortgage loans, they come in various types" or classifications. These are primarily determined by Ch The credit quality of the borrower The regulatory status of the lender O the risk of the real estate offered as security O The status of the loan for placement in the secondary market QUESTION 4 4 Assume a 30 year fixed rate, fully amortizing mortgage for $260,000 at a stated rate of 5% with monthly payments and WITH 2 POINTS at dong What is the payoff at the end off year Ch O $231,666 Ob 1224,147 O-$251,402 041243418 P O E 1100 4/20 estion 8 Assume a 30 year foxed rate, fully amortizing mortgage for $260.000 at a stated rate of SH with monthly payments and WITH 2 POINTS at closing. What is the loan payoff at the end of four years CM Oa1231,686 Ob5224,147 Oc1251,402) Od4243438
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