Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
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Ответ:
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Ответ:
The correct answer is "C. Semi annually".
Explanation: By obligation, all insurers that provide long-term care insurance must submit to the commissioner a list of all agents or other representatives of insurers authorized to market insurance that must be updated at least SEMIANNUALLY.