Why do you think consistency is so important between the Loan Estimate and the Closing Disclosure?

Answer:

~Senpi boi here~

I think that the consistey is so important between the Loan Estimate and the Closing Disclosure is because this can help you understand all the costs involved in getting a mortgage and make it harder for lenders to take advantage of you. And to identify any discrepancies. Also the Loan Estimate shows what you may pay. The Closing Disclosure shows what you will pay.

(Hope this helps!)

In order to understand all the costs associated with obtaining a mortgage and to spot any differences, consistency between the Loan Estimate and the Closing Disclosure is crucial. The Closing Disclosure displays what you will pay, whereas the Loan Estimate displays what you might pay.

A loan estimate is a three-page document that provides clear explanations and information about house loans. In addition to making the information simple to understand, this standardization makes it simple to compare offers from different lenders and determine which one is giving you the best bargain.

A loan estimate that you obtain is good for 10 business days. Try to accept a loan offer within that time frame; if you take longer to decide, the lender might adjust the terms and provide a new loan estimate.

Before you identify the home you want to buy, you can and should receive a loan estimate, especially in a seller's market when buyers frequently need to move quickly to make a purchase offer. To make sure you can acquire financing, you should have mortgage preapproval and possibly even pre-underwriting.

The final conditions and costs of a mortgage, such as the home loan amount, interest rate, anticipated monthly mortgage payments, and closing costs, are detailed in a Closing Disclosure, a 5-page document. Homebuyers must get their Closing Disclosure from mortgage lenders at least three working days before their loan closes. One of the most significant pieces of papers you'll receive during the mortgage process is your Closing Disclosure, so carefully read it over.

The Loan Estimate, formerly known as a Good Faith Estimate, that you received when you first applied for your mortgage might be thought of as the final version of that document.

The Closing Disclosure form uses actual figures rather than the approximations from the Loan Estimate form for the fees you would pay for your mortgage. Because of this, you must carefully study this closure form and clarify any points you don't understand.

To learn more about Closing Disclosure, click here

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In the movie contract, which side was the more successful negotiator? Can you think of any terms that either party left out? Are any of the provisions unreasonable?

Please label the circular flow diagram.

Businesses _____________ and _____________, whereas households _____________ and _____________.

WORD BANK
buy resources.
sell products
sell resources
buy products

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Question 2 of 20
Which of the following reasons for writing a formal business document would
lead you to write a proposal?
A. To describe what tasks you completed during the week
B. To tell your manager a project is on budget and on schedule
C. To convince your manager to use a new meeting organization tool
D. To summarize what happened during a meeting

April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 60,000 feet of raw material for $240,000, and it takes 5 feet of raw materials to produce one park bench. In August, the company produced 10,000 park benches. The standard cost for material output was $100,000, and there was an unfavorable direct materials quantity variance of $5,000.


A. What is April Industries’ standard price for one unit of material?

B. What was the direct materials price variance for August?

Fidelity bonds insure
O A. employers
O B. marine vessels
O C. automobile drivers
O D. employees

.
Which of the following choices is not an example of a long-term goal?
owning a business
buying a house
earning money for new clothes
0.raising a family

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Payment amounts are based on a percentage of what you earn.
Payments start lower and increase every 2 years.
Payments are low and can last up to 25 years.
O Payments are the same every month for 10 years.

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1. Magda is on a wellness committee at her company. As a member of the committee, she is planning to give a presentation to her coworkers about the flu in
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a) Help her identify some effective keyword and Boolean search strategies by filling out the table below. (5 points)
Strategy What It Does Example
Quotation Marks

“flu vaccines”
Plus sign ( + )

flu+vaccine+history
Pipe symbol (|)

flu vaccine|antibiotics
OR

flu vaccine OR antibiotics
NOT

flu vaccine NOT availability

b) Magda was able to find the following sources when she searched "flu diagnosis" using her favorite search engine: Help her determine whether these sources are accurate, relevant, and valid by filling out the table below. (9 points)
Accurate? Relevant? Valid?
First website

Second website

Third website

Synthesize (16 points)
Apply methods of effective Internet search strategies.
Use your favorite search engine to research one of topics below.
• Renewable energy
• The Ebola virus
• The Human Genome Project
1. List the keywords you typed in to your search engine. Then list the first three results. (3 points)

2. Now, use a different search engine and type in the same keyword. Did you get the same results as your first search? List the first three results from this search. (3 points)

3. You would like to narrow your search on this topic.
a) You want to look for information on this topic's history, but you don't want to include any information that pre-dates 1975. What Boolean operator would you use? (2 points)

b) You want to look up information on this topic as it relates to the U.S. government. What Boolean operator would you use? (2 points)

4. From all of your cumulative search results, list three reliable sources that you've found.
a) Cite these sources in MLA format. (3 points)

b) How can you confirm that these sites provide information that is accurate, relevant, and valid? (3 points)

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Go to www.cdt.org and find its privacy policy. Read the privacy policy and then do the following exercise:

Find ten personal identifiers—information about you and your computer—that most Web sites collect from every visitor to the page.
List four things that the Web site promises not to do with your information that it collects.

a financial advisor cold calling lead a prospect mentions that he manages his own portfolio and hasn't used an advisor in the past what should the advisor do first
​

Question 1 (1 point)
True or False:
If you want a career in the fitness industry, you can just jump right into it after high school.
(A) True. No college is required for some health/ fitness jobs.
(B) False. You need to go to college to get a job in the fitness industry.
(C) False. It takes months/ years of training to get a job in health/ fitness
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June July August
Sales $160,000 $185,000 $200,000
Manufacturing costs 66,000 82,000 105,000
Selling and administrative expenses 40,000 46,000 51,000
Capital expenditures _ _ 120,000
The company expects to sell about 10% of its merchandise for cash. Of sales on account, 60% are expected to be collected in the month following the sale and the remainder the following month (second month after sale). Depreciation, insurance, and property tax expense represent $12,000 of the estimated monthly manufacturing costs. The annual insurance premium is paid in February, and the annual property taxes are paid in November. Of the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month.

Current assets as of June 1 include cash of $42,000, marketable securities of $25,000, and accounts receivable of $198,000 ($150,000 from May sales and $48,000 from April sales). Sales on account in April and May were $120,000 and $150,000, respectively. Current liabilities as of June 1 include $13,000 of accounts payable incurred in May for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $24,000 will be made in July. Mercury Shoes' regular quarterly dividend of $15,000 is expected to be declared in July and paid in August. Management desires to maintain a minimum cash balance of $40,000.

Required:

Question Content Area
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B: maintaining safety stock

C: ABC classification

D: following economic order quantity

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On completion of writing up the books, the following matters are brought to your
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b) Mr. Shah owes a waiter $20 in respect of overtime worked in week 4.
c) The rates payments cover the period 1 February to 30 April
d) Electricity consumed in the month is estimated to be. $100.
e) Being a prudent man, Mr. shah instructs you to create a provision for doubtful
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f) It is decided to write off fixtures and fittings by equal installments over 10 years.
You are required to:
1) Adjust the books for the above
2) Prepare the restaurant's trading and profit and loss account for the first month
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IF a company has poor customer service, what will it struggle to build even if it has a great product?
O A. reach
OB. brand
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2. Cash flows from __________ activities are the cash flows from transactions that affect the debt and equity of the company.

a. investing
b. operating
c. financing
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which of the following would be identifed as a social force in an environment scan

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