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

https://brainly.com/question/2983378

#SPJ2

2. What do you understand by discriminatory monopoly? Bring out the conditions that enables the monopoly firm to charge different prices for its product in different markets. (2 Marks)

Project: Privacy Issues
Assignment Directions:
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.

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
(D) Any of the above could be true OC​

the dedcution SIPOC is an output

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

Why is the primary sector important to the South African economy?​

What is an advantage of home ownership??

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?

explain the difference between Motivation and engagement

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?

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
d. purchasing

PLEASE HELP WILL MARK BRAINLIST

Simon is a manager in a manufacturing unit. He grades the inventory according to the products’ level of importance while storing them. Which technique of controlling inventory costs does Simon follow?

A : just in time

B: maintaining safety stock

C: ABC classification

D: following economic order quantity

Case Study: The Case of the Unidentified Risks This project takes place in South Australia. In September 2000, ACME Fabricators advised its staff that their new factory and offices out in semi-rural Angle Vale would be ready for completion by the end of April 2002. ACME was a responsible company and liked to keep their premises clean and tidy and their staff happy. The new premises at Angle Vale were developed on a 4.5-hectare site, previously used for grain crops. Consequently, ACME decided that significant landscaping would be required to enhance the amenity of the otherwise bare land.

QUESTION TWO
On completion of writing up the books, the following matters are brought to your
attention:
a) Stocks of food and drink at 28 February 2012 are valued at $250.
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
debts of 4% of debtors.
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
and a balance sheet as at 28 February 2001

1 of 10
Which is an example of a graduated repayment plan for student loans?
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.

Please label the circular flow diagram.

Businesses _____________ and _____________, whereas households _____________ and _____________.

WORD BANK
buy resources.
sell products
sell resources
buy products

True or false The fair Labor standards Act ( FLSA) requires that all employees receive time- and -half for work in excess of 40 hours in a week

explain why you think you would prefer to rent or buy? When you think about being 22 years old, do you think your answer will be the same or different? Explain.

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

What are the top three digital product positioning tactics for local restaurant business products and services?

.
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

Futura Company purchases the 69,000 starters that it installs in its standard line of farm tractors from a supplier for the price of $10.80 per unit. Due to a reduction in output, the company now has idle capacity that could be used to produce the starters rather than buying them from an outside supplier. However, the company’s chief engineer is opposed to making the starters because the production cost per unit is $11.20 as shown below: Per Unit Total Direct materials $ 4.00 Direct labor 3.20 Supervision 1.70 $ 117,300 Depreciation 1.20 $ 82,800 Variable manufacturing overhead 0.60 Rent 0.50 $ 34,500 Total product cost $ 11.20 If Futura decides to make the starters, a supervisor would have to be hired (at a salary of $117,300) to oversee production. However, the company has sufficient idle tools and machinery such that no new equipment would have to be purchased. The rent charge above is based on space utilized in the plant. The total rent on the plant is $83,000 per period. Depreciation is due to obsolescence rather than wear and tear. Required: What is the financial advantage (disadvantage) of making the 69,000 starters instead of buying them from an outside supplier?

Analyze various methods of conducting Internet research.
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
preparation for the upcoming cold and flu season. She wants to do some research on the history, diagnosis, and treatment of the flu.
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)

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
​

The controller of Mercury Shoes Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:

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
1. Prepare a monthly cash budget and supporting schedules for June, July, and August.

which of the following would be identifed as a social force in an environment scan

How long does it take most dishes to air dry

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
OC. goodwill
O D. quality control

Purchased a 1000$ bond for 950$. I'll get 50$ a year and it matures in 20 years. I want to know the interest rate I am earning.