Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
(c) $4025 is the correct option.
Banks charge origination points in exchange for reviewing, processing, and approving your home loan application. Origination points are not standardized and can be a flat fee, a percentage of your total loan amount, or none at all. Discount and origination points are two distinct charges Loan origination takes time. Banks must create all of the paperwork associated with a home loan, in addition to pulling your credit score, reviewing your bank statements, verifying your income and savings, and determining your creditworthiness. In exchange for all of this work, they'll charge you a fee. These fees are known as "origin points.".
learn more about point Origination here:
https://brainly.com/question/27527117
#SPJ9
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.
