Which of the following are secured loans? (select all that apply) |student loans credit card debt | mortgages car loans

Q: ypes of credit extension? Which one is biggest?Writing the lending process to provide loan for…

A: Credit extension means the loans granted.

Q: Explain Early Buyers of Mortgage Loans?

A: Mortgage loans are secured loans that can be availed for obtaining a huge loan amount by providing…

Q: Loans backed by a simple promise to repay are known as _____ loans. open-end credit revolving credit…

A: Loans can be of various types and kinds. Some loans require them to be backed by a collateral while…

Q: Define the term amortized but write down its meaning in your own words in reference to amortized…

A: Since there are multiple questions it is only possible to solve the 1st part.

Q: balloon-payment mortgage. Why might a financial institution prefer to offer this type of mortgage?

A: Step 1 A balloon payment is a one-time payment that is bigger than usual at the expiration of the…

Q: What are the major differences between the four CPM loans? What are the advantages to borrowers and…

A: Constant Amortization Mortgage (CAM):   The first step is the calculation of a fixed or constant…

Q: Mortgage Bankers provide all of the following functions EXCEPT: originate mortgage loans, provide…

A: Mortgage bank used to specialize for lending the funds, which are against the mortgage regarding the…

Q: referred as the borrowed money from a bank or other lending institutions/persons that can be used…

A:

Q: y banks to qualified borrowers * investment unsecured loans stand

A: Step 1   Customers can get unsecured loans from various lenders across the country. Several…

Q: Explain what important information we can get from each sources of credit information to be able to…

A: Financial organizations seek to reduce the risk of supplying to borrowers by completing a credit…

Q: Bank loans often are arranged under existing lines of credit. What is a line of credit? How does a…

A:

Q: w do yo

A: Introduction : A credit history can be understood as a history of a debtor's timely debt repayments.…

Q: Credit card debt and commercial loans are easily among the most significant and familiar financial…

A: Credit card debt is a type of bank overdraft wherein the borrower needs to pay an interest amount…

Q: When would you would use a Personal Loan? Why would you choose a Personal Loan over other methods of…

A: “Since you have posted multiple questions, we will solve fist question for you. If you want any…

Q: The two types of personal loans are Installment Loans and Demand Loans. True False

A: Introduction : In simple words, personal loans refers to the loans which are given to the borrower…

Q: The problems of credit extension and give examples and illustrations

A: The term credit extension refers to the process of making and renewing the loan, letter of credit,…

Q: Discuss the basics of loan amortization and develop a loan amortization schedulethat you might use…

A: Loan amortization is the schedule that shows how the borrower will pay the debt in the future It is…

Q: Can borrowers pay off part, or all, of loans any time that they desire?

A: No, borrowers can not make payment in part, or full loan amount at whatever time they desire to pay.…

Q: Explain Restructuring the Mortgage Loan?

A: The mortgage loan restructuring option is generally considered by homeowners so that the loan…

Q: When a lender looks at your FICO credit score to decide whether to lend to you, which of the “Five…

A: The five Cs of credit is a system used by lenders to get the creditworthiness of borrower

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: What are the different types of SSS loans?

A: A SSS loan is given in the Philipines, which is majorly divided into three categories.

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: What are the main types of mortgages issued by financial institutions ?

A: Mortgage means taking title of the borrowers property in exchange of lending money which is repaid…

Q: If a consumer with a relatively low credit score applied for a loan from your bank, what other…

A: WHAT IS CREDIT CRITERIA- Credit criteria area unit the factors employed by lenders to work out…

Q: How Do We Manage our Credit Card Debt?

A: There are many ways to manage the credit card debt. Some of them are below: Pay more than the…

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: Explain whati mportant information we can get from each sources of credit information to be able to…

A: The answer is given below:

Q: Explain The Federal Home Loan Mortgage Corporation?

A: Federal Home Loan Mortgage Corporation is a private corporation which is established with the…

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

A: Answer:   Option b.

Q: nt stud

A: Introduction : In simple words, student loans refers to the amount borrowed by individuals to…

Q: Explain the disadvantages and dangers of Home Equity Loans.

A: The disadvantages of home equity loans:Higher rate of interest: The interest rates are typically…

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: Explain HOME EQUITY LOANS?

A: Home Equity Loans are the loans that are taken in against of the equity for their home.  These are…

Q: A financial institution that is owned by its members and offers them banking services and ovides…

A: Buildings Society - It Resembles like Credit Union as it is Owned by its members and Also Provide…

Q: Which of the following would result in a soft credit inquiry? o mortgage loan application O…

A: Soft credit inquiry means inquiry of your own credit scores. This inquiry will not affect the credit…

Q: Question 4 Which of the following are secured loans? (select all that apply) mortgages credit card…

A: Secured loans are loans that require some type of collateral as a condition of borrowing. The…

Q: xplain mortgage financing and how can someone afford a mortgage loan

A: Financing involves raising funds for undertaking business activities. Business activities includes…

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: Using the examples from the videos, which of these types of loans require that some principal be…

A: When money is given by one party to another on the promise of repayment at the end of a specified…