Select a common type of debt instrument used for housing loan from the following. a. None b. Unsecured loan c. Mortgage loan

Q: Describe the repayment process for both a term loan and ab

A: Term loan and bonds are two different types of raising money.

Q: A mortgage is a O short-term amortized loan that is secured by financial assets. O long-term…

A: A mortgage loan is a secured loan in which you borrow money by pledging your property as collateral…

Q: Which of the following is NOT a form of long-term debt financing?   Question 19 options:   1)…

A: A company needs to pay interest payments on bond irrespective of the economics of the business.

Q: Which is not a metric used by lenders to measure the overall suitability of a loan: 1) Loan to…

A: Loan to value ratio- It is a measure of indebtedness which divides the outstanding debt by the…

Q: A loan borrowed by an individual secured against the personal property is. a. Character b.…

A: The provided options are known as the main Cs that a lender considers when providing a loan.…

Q: Classify the following items as (1) on-balance-sheet assets, (2) on-balance sheet liabilities, (3)…

A: Off-balance sheet items include the items that are not represented in the balance sheet. Whereas,…

Q: 44. Which statement correctly identifies the loan type with its function? O (a) FHA guarantees loans…

A: A loan is defined as the financial term, where the funds or money is given to some other party in…

Q: Which of the following has the highest relative likelihood of being defaulted in paying the…

A: The interest expense and earnings before interest and income taxes details for each of the company…

Q: 3- The legal process by which a lender attempts to recover the amount owed on a defaulted loan by…

A: “Since you have asked multiple questions, we will solve the one question for you. If you want any…

Q: Discuss the steps of loan structuring.

A: Loan structuring is defined as the components, which used to make the loan, like term loan, rate of…

Q: Briefly describe the process that led from a homeowner purchasinga home to an investor purchasing a…

A: CDO is the security that is issued to several investors backed by the collateral assets held by the…

Q: Which of the following is a secured loan? A - All of these are secured loans B - accounts…

A: A secured loan is a loan that is secured against some collateral security; under this the lender can…

Q: A(n) _________ is a lender, seller, or any other person in whose favor there is a security interest.…

A: Following are the definitions:   Unsecured Creditor: A creditor not having the benefit of security…

Q: Which of the following is considered to be a good debt? Select one or more: a. credit card debt b.…

A: Good debt is the debt which has lowest effective interest rate.

Q: Student loans are an example of Non-FICO debt Unsecured debt FICO debt Secured debt

A: Loan is a value which a person borrowed from the other sources like banks and this amount is repaid…

Q: Explain GPM Mortgage Loans and Effective Borrowing Costs

A: Graduated-payment contract (GPM) loans: It may be a sort of fixed-rate mortgage in which…

Q: Which is the proper accounting treatment for a mortgage payment? a) Debit: Expense Debt Service…

A: A mortgage payment is a payment of liability for the organization. A reduction in liability is…

Q: is a common type of debt instrument used for house loan and is considered as very secure. a. None of…

A: The financial tools that can be used to obtain financing by individuals, governments, and…

Q: What is meant by a “purchase-money” mortgage loan? When could a loan not be a purchase-money…

A: A purchase-money mortgage loan is a loan that home sellers provide to the buyers of the home. Buyers…

Q: Which is the proper accounting treatment for a mortgage payment?

A: Answer:   Option b.

Q: Explain the different components of the Mortgage Instrument and distinguish it with promissory…

A: The details of the mortgage, including interest rates, payment durations, payment dates, and legal…

Q: ne loans which are to be repaid within a short O a. Fixed liabilities b. Long-term liabilities C.…

A: Ans. Liabilities can be of many types - i. Current Liabilities  ii. Non-current Liabilities iii.…

Q: Which of the following loan types usually have the lowest closing types A 95% conventional loan An…

A: A 95% Conventional loan has a 5% down payment  An FHA loan is a Mortgage Insured by Federal Housing…

Q: why loan officer prefer accrual basis accounting

A: The financial statement of a firm can be prepared based on accrual basis of accounting or cash basis…

Q: what are two types of credit

A: "We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Explain Types of Mortgage Debt and Other Obligations?

A: Introduction: Mortgage is nothing but an instrument of debt that the creditor is obliged to pay off…

Q: Which of the following is a feature of a home equity loan?   Group of answer choices a. The interest…

A: A home equity loan is like a second mortgage loan is a type of loan. Home equity loans permit…

Q: Describe the concept of non interest bearing on loan.

A: A non-interest bearing loan is a debt for which there is no documented requirement for the borrower…

Q: f a bank client requests a loan for the acquisition of real estate, what type of loan is he/she…

A: A. A refinance loan involves revision of loan terms. For example: If there is a drop in interest…

Q: How does getting a secured loan using accounts receivableas collateral differ from factoring?

A: In factoring, the corporation sells their receivable balance to the factoring corporation at a…

Q: Which of the following shows the timeline of the loan from the lender's perspective?

A: A lender is the one who lends to the other party. In return, the lender receives the sum with an…

Q: a loan, secured by a collateral, that the borrower is obliged to pay at specific terms. O Loan…

A: A loan is referred as the funds through which one or more company, individual, or some other entity…

Q: If a bank client requests a loan for the acquisition of real estate, what type of loan is he/she…

A: Most clients take a home loan for purchasing real estate. For this they have to comply with certain…

Factors Affecting Housing Decision