What happens if the Closing Disclosure form is outside of the one-eighth tolerance (0.125) from the initial Loan Estimate form?
A. The agent pays the difference
B. The seller pays the difference.
C. The borrower pays the difference.
D. The lender pays the difference.
Answer: D. The lender pays the difference.
Business
You might also like to view...
The sum of all the depreciation expense recorded to date for a depreciable asset is called ________
A) book value B) residual value C) depreciation expense D) accumulated depreciation
Business
The maximum capital loss that can be applied to ordinary income for income tax purposes in any one year is $3000
Indicate whether the statement is true or false.
Business