$ 1,680. $ 4,320. $ 0. $ 3,000.
Question 14. 14.( TCO 3) Latrice Patterson has presented a counteroffer, and this means she is( Points: 1)
negotiating a purchase price. reducing her mortgage payments. lowering real estate property taxes. avoiding the payment of points at closing. avoiding the payment of the real estate agent ' s commission.
Question 15. 15.( TCO 3) Todd Foley is applying for a $ 100,000 mortgage. He can get a $ 600 monthly payment for principal and interest and no points, or a $ 550 monthly payment with one point. How many months will it take Todd to cover the cost of the discount points if he takes the lower monthly payment?( Points: 1)
6 12 20 2 25
Question 16. 16.( TCO 3) An example of a conventional mortgage would be( Points: 1)