Home Purchase Flashcards

1
Q

What do closing costs include? (hint-LIAE)

A

Loan Fee, Inspection Fee, Assessment Fee, Escrow Fee

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2
Q

What do lenders look at?

A

Income, Assets, Debts, Credit Record

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3
Q

What fees and expenses does the APR include?

A

Brokerage Fees, Private Mortgage Insurance, Discount Points

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