Give an example of a physical characteristic of a house that could cause loan rejection?
Question:
Give an example of a physical characteristic of a house that could cause loan rejection?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
If the property o...View the full answer
Answered By
Poonam Chaudhary
I have 15 month+ Teaching Experience
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
For each of the following, give an example of a physical control the client can use to protect the asset or record: 1. Petty cash 2. Cash received by retail clerks 3. Accounts receivable records 4....
-
Give an example of a financial resource, a physical resource, and a labor resource.
-
Give an example of an initial public offering (IPO) in the primary market. Give an example of a seasoned equity issue in the primary market. Discuss which would involve greater risk to the buyer.
-
Solve Problem using augmented matrix methods. Use a graphing calculator to perform the row operations 5.7x1 - 8.55x2 = -35.91 4.5x1 +5.73x2 = 76.17
-
Carrico Advertising Inc. performs advertising services for several Fortune 500 companies. The following information describes Carrico's activities during 2019. a. At the beginning of 2019, customers...
-
IAn accountant prepared a statement of financial position for a business. In this statement, the equity of the owner was shown next to the liabilities. This confused the owner, who argued 'My equity...
-
8. Comment on the following statement: Since coupon rates on convertible debt are low relative to straight debt, convertible debt is a cheap source of financing.
-
Jesses Plumbing Services monthly demand follows a discrete uniform distribution between 40 and 55 jobs. The probability that a specific job will be for minor service (e.g., clogged sink) is 0.65, and...
-
9) You lend 100 to a borrower today for five years. Given that the 5-yr expected inflation rate is 1.8%, how much must your proceeds be just to break even? 10) If the 5-yr real spot interest rate is...
-
Kuantan ATV, Inc. assembles five different models of all-terrain vehicles (ATVs) from various ready-made components to serve the Las Vegas, Nevada, market. The company uses the same engine for all...
-
At the beginning of this chapter, we presented a graph showing the price per gallon of gasoline from 1996 until 2015. The actual data for each year are given below. Determine the trend line using...
-
Discuss the differences in the loan application for a commercial loan and a home loan?
-
Due to industrial depression, a plant is running, at present, at 50% of its capacity. The following details are available. An exporter offers to buy 5000 units per month at the rate of Rs. 650 per...
-
In the exchange lemma for the scheduling problem, we say that the first event to finish a* in a given time period [i,j] is always part of the optimal solution for that same time period. To argue...
-
4 10 points Company's year-end is December 31. Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: (Do not round intermediate...
-
3. The walls of an oven are made from steel sheets with insulating board between them of thermal conductivity 0.18 J m-1 s -1 C-1 . If the maximum internal temperature in the oven is 300C and the...
-
Egyptian Spa produces two different spa products: Relax and Refresh. The company uses three operations to manufacture the products: mixing, blending, and packaging. Because of the materials used,...
-
Part A At a given instant A has the motion shown in (Figure 1). Determine the acceleration of B at this instant. Express your answer in feet per second squared to three significant figures. Enter...
-
True or false: The system u = H n u, where H n is the n n Hilbert matrix (1.72), is asymptotically stable. n+ n+ 2 n- : ... ... H, = 111 111 | NT 11111161811 : : : (1.72) :
-
If the amplifier indicated by the box input impedance of oo, which of the following statements are true ? has an open loop gain as well as Feedback factor (\beta = 1/ R_1\) The feedback is voltage...
-
In the previous chapter, significant problems about the ability of borrowers to meet mortgage payments and the evolution of fixed interest rate mortgages with various payment patterns were discussed....
-
In the previous chapter, significant problems about the ability of borrowers to meet mortgage payments and the evolution of fixed interest rate mortgages with various payment patterns were discussed....
-
A price level adjusted mortgage (PLAM) is made with the following terms: Amount = $95,000 Initial interest rate = 4 percent Term = 30 years Points = 6 percent Payments to be reset at the beginning of...
-
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its BlackScholes price is...
-
Prescott Football Manufacturing had the following operating results for 2 0 1 9 : sales = $ 3 0 , 8 2 4 ; cost of goods sold = $ 2 1 , 9 7 4 ; depreciation expense = $ 3 , 6 0 3 ; interest expense =...
-
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
Study smarter with the SolutionInn App