Which phrase best describes mortgage collateral?
A.money used as a down payment for the loan
B.assets obtained after securing the loan
C.the purchased property that secures the loan
D.closing costs covered by the buyer​

Answers

Answer 1

Answer:

C. the purchased property that secures the loan

Step-by-step explanation:

Mortgage collateral describe the use of a property e.g house to secure a loan. This collateral is always requested when a large amount of money is involved. The house could be sold if the borrower renege (fail to meet up with) on the due date as regards the agreement after collecting the loan.

Therefore, a mortgage collateral could be referred to as the purchased property that has been used to secure a loan by a borrower.

Answer 2

Therefore the purchased property that secures the loan is the correct answer.

What is Collateral ?

Collateral refers to an asset that a borrower offers as a guarantee for a loan, such as a mortgage.

When you obtain the loan, the lender puts a lien on the collateral. The lien stipulates that the lender can seize the collateral if you don’t repay the loan under the terms of the contract.

Once you repay the loan, the lender removes the lien and no longer has a claim to the collateral.

In the case of a mortgage, the collateral is the real property.

When determining whether to approve your loan, the lender will  ensure that the property ,the collateral ,is actually worth what you propose to pay for it with the loan.

If it isn’t, the lender can deny the mortgage because the asset isn’t worth the risk.

Therefore the purchased property that secures the loan is the correct answer.

To know more about Collateral

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Related Questions

What is the slope of the trend line drawn into the scatterplot? On a graph, a line goes through points (2, 27) and (13, 36). StartFraction 15 Over 163 EndFraction StartFraction 11 Over 109 EndFraction StartFraction 109 Over 11 EndFraction StartFraction 163 Over 15 EndFraction

Answers

Answer:

15/163

Step-by-step explanation: I dont have one

Answer:

i think its D

Step-by-step explanation:

Help, please. I tried a bunch of different value but none of them matched up. Help if you can,thanks. :))) Andrew goes to the shop to buy some apples and bananas. He goes to purchase 5 apples and 4 bananas, and the total comes to £5.70. Unfortunately, he doesn’t have enough money, so he puts back 1 apple and 2 bananas. The new total is £3.60. What is the cost of 1 apple and the cost of 1 banana?

Answers

Answer:

Applies are £0.50 each and bananas £0.80 each.

Step-by-step explanation:

Represent the numbers of apples and bananas by a and b respectively.

Then:

5a + 4b = £5.70, and:

4a + 2b = £3.60

Let's solve this system using elimination by addition/subtraction.  Multiply the 2nd equation by -2, obtaining the equivalent system

5a + 4b = £5.70

-8a  - 4b = -£7.20

--------------------------

-3a         =  -£1.50

Dividing both sides by -3, we get £0.50.  Apples are £0.50 apiece.

How much are bananas per piece?  Use the first equation; substitute £0.50 for a:

5(£0.50) + 4b = £5.70, or

     

                  4b = £3.20.  Then b = £0.80.

Applies are £0.50 each and bananas £0.80 each.

х
f(x)
Which exponential function is represented by the
values in the table?
-2
16
-1
8
0
4
1
2
O f(x) =
= {(4)
Of(x) = 4(4)
O f(x) = 4(
o f(x) = ( )
2
1

Answers

Answer:

it's the first one because it's going down by 1/2

The exponential function represented by the values is f(x) = 4(0.5)ˣ.

Exponential function

An exponential function is in the form:

y = abˣ

where y, x are variables, a is the initial value of y and b is the multiplier.

From the table, at point (0, 4):

4 = ab⁰

a = 4

At point (2, 1):

1 = ab²

1 = 4b²

b² = 0.25

b = 0.5

The exponential function represented by the values is f(x) = 4(0.5)ˣ.

Find out more on Exponential function at: brainly.com/question/12940982

What is the equation of the function that is graphed as line a?

Answers

Answer:

C is yo answer of y=3x-1

Step-by-step explanation:

the y intercept is -1 and yo slope is 3. you could see yo line goin up by three and to tha right by 1

Which side lengths form a right triangle?

Answers

Answer:

B. 5, 12, 13

Step-by-step explanation:

√5²+12²=13 - yes

√4²+7²= 8.06- no

√20²+22²=29.73 - no

Please help I will mark brainliest if you explain WHY the answer is that in simple terms. A thanks and brainliest!

Answers

Answer:

The answer will be 7L/100km.

Step-by-step explanation:

The fuel consumption rate is already given for the first 100 km. So, the next 500 km will be 100km to 600km. You have to find the slope of the line during this travel. If you observe, the fuel lowers from 40 litres to 5 litres in this 500km journey. That means, 35 litres were used for 500km. Divide both with 5. That gives 7litres per 100km.

Hey there! :)

Answer:

x = 7L/100km.

Step-by-step explanation:

Solve this problem by using the slope formula:

[tex]m = \frac{\text{rise}}{\text{run}} = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

Use the points (100, 40) and (600, 5) and plug these into the formula:

[tex]m = \frac{5-40}{600-100}[/tex]

Simplify:

[tex]m=\frac{-35}{500}[/tex]

Since this is describing the rate of consumption, we can simply write the slope as:

[tex]m = \frac{35}{500}[/tex]

The question is asking for the rate of consumption over 100 km, therefore:

[tex]\frac{35}{500} = \frac{x}{100}[/tex]

Cross multiply:

3500 = 500x

Divide both sides by 500:

3500/500 = 500x/500

x = 7L/100km.

What is the slope of the line that contains the points (-1, 2) and (4, 3)? A. 5 B. 1/5 C. -1/5 D. -5

Answers

Answer:

1/5

Step-by-step explanation:

We can find the slope of a line using two points by

m = (y2-y1)/ (x2-x1)

    = (3-2)/(4 - -1)

    (3-2) /( 4+1)

     1/5

Answer:

B. 1/5

Step-by-step explanation:

The slope can be found through two points.

m = rise/run

m = (y2 - y1)/(x2 - x1)

m = (3 - 2)/(4 - (- 1))

m = 1/(4+1)

m = 1/5

Th slope of the line going through the points  (-1, 2) and (4, 3) is 1/5.

Find the domain for the rational function:

Answers

Answer:

3rd Option

Step-by-step explanation:

Since the denominator cannot equal 0, x ≠ 5. Therefore, our domain stops and starts again at 5. So our answer is 3rd option.

The sides of a rectangle are a number and 4 less than that same numbers. The perimeter is 56. Find the dimensions of the rectangle.

Answers

Answer:

16m and 12m

Step-by-step explanation:

2x + 2(x - 4) = 56

4x = 64

x = 16

Sides are 16 m and 12 m

In ∆ABC the angle bisectors drawn from vertices A and B intersect at the point D. Find m∠ADB if:
m∠A = α, m∠B = β

Answers

Answer:

Pretty easy (if you know geometry)!

Step-by-step explanation:

First, we know that A and B have angle bisectors. This means the angles that are divided by that angle bisector are equal (or their measures).

Thus, m<DBA= 1/2 Beta; m<DAB=1/2 Alpha.

Time to find m<ADB. Using the sum of all angles in a triangle = 180* theorem, we can come up with this equation:

[tex]180= m<ADB+\frac{1}{2} \alpha +\frac{1}{2} \beta[/tex]

So, solving:

[tex]180-\frac{1}{2} \alpha -\frac{1}{2} \beta =m<ADB[/tex]

So there you go! Hope this helps!

am I correct? if not what's the correct anwser?​

Answers

Answer:

Yes, you are as far as I can tell it looks right to me,

At a family gathering there are 100 people. There are 4 less than twice as many women as men and 6 more children are both combined. How many children are at the gathering? Pick one option below.
• 55 Children
• 57 Children
• 53 Children
• 59 Children

Answers

there are 53 children in the family gathering

Answer:

C = 53

Step-by-step explanation:

WHAT WE KNOW

m + w + c =100

2w - 2 = m

6 + w + m = c

-------------------------

FIND C

Which step is wrong??

Answers

Answer:

step 1 is wrong because when an absolute opens there are two possibilities of solutions and there will be sign ±

Step-by-step explanation:

i hope this will help you :)

a Runway is 3100 ft long and 65 ft wide what is the area of the runway in feet squared​

Answers

Answer:

201, 500ft²

Step-by-step explanation:

The formula for calculating area in this case is;

A = w × l

This means we're going to take the width of the runway (65ft) and multiply it by the length of the runway (3100ft).

(To make it easier on paper, you can swap the two numbers around, so the higher number is on top, and the smaller number is on the bottom - 3100 × 65. It won't change the answer, but it will make it quicker and easier to get to the result, and lessens the chances making a mistake.)

So the equation you need to do is;

3,100 × 65 = 201, 500.

Add on the units, and there's your answer;

201, 600ft²

Hope this helped!

Which of the following is a testable hypothesis? A. Garden plants grow better in wet soil than in dry soil. B. Cats have a completely different personality in comparison to dogs. C. Classical music is better than jazz because stringed instruments, like violins, are used. D. After a long discussion, the people at the meeting finally agreed that it was time for lunch.

Answers

Answer:

A. Garden plants grow better in wet soil than in dry soil.

Step-by-step explanation:

A testable hypothesis is theory that can actually be proven by facts rather than opinions

Please help I need it

Answers

Answer:

[tex] \frac{1}{3} [/tex]

Step-by-step explanation:

so

just consider the lengh:

[tex] \frac{1}{3} [/tex]

or the width :

[tex] \frac{3}{9} [/tex]

or the area:

[tex] \sqrt{ \frac{3 \times 1}{9 \times 3} } = \sqrt{ \frac{3}{27} } = \sqrt{ \frac{1}{9} } = \frac{1}{3} [/tex]

What is the  property 7x<42

Answers

Answer: division

x = 6

Step-by-step explanation:

Simplifying

7x = 42

Solving

7x = 42

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Divide each side by '7'.

x = 6

Simplifying

x = 6

Answer:6

Step-by-step explanation:

4c- 3 = x+15 pls help!!

Answers

Answer:

x = 4c - 18

Step-by-step explanation:

=> 4c-3 = x+ 15

Subtracting 15 to both sides

=> x = 4c-3-15

=> x = 4c - 18

Answer:

x=6

Step-by-step explanation:

4x- 3 = x+15

-1x       -1x

3x- 3=15

+3       +3

3x=18

÷3  ÷3

x=6

Let PQRS be a square piece of paper. P is folded onto R and then Q is folded onto S. The area of the resulting figure is 9 square inches. Find the perimeter of square PQRS.

Answers

Answer:

24 inches

Step-by-step explanation:

After folding the piece of paper, the result will be 1/4 the size of the original square. If you multiply the are of the triangle by 4, you will find that the area of the original square is 36 square inches.  The square root of 36 is 6, which shows us that the length of each side of the square is 6. To get the perimeter, multiply 6 by 4 to get 24 inches.

The ratio of girls to boys at a local elementary school is 3:4.
a. If there are a total of 45 girls in the school, how many boys are there?
b. At another school across town, the ratio of girls to boys is 5:7. How many total
students are there in the school if there are 95 girls at that ratio?

Answers

Answer:

a. 60 boys

b. 228 total students

Step-by-step explanation:

a. If there are 45 girls and the ratio of girls to boys is 3:4, then there are 60 boys. The common multiple is 15.

3 * 15 = 45

4 * 15 = 60

45:60 = 3:4

——————————

b. First we need to find out how many boys there are.

95 / 5 = 19

19 * 7 = 133

So, there are 133 boys and the given number of girls is 95. To find out how many total students there are, we need to add 133 and 95.

133 + 95 = 228

Valerie ran Three and one-fourth laps yesterday, and her coach wants her to run Two and one-half times that many laps today. How many laps will she need to run today? Choose the expression needed to solve the problem. Thirteen-fourths × Five-halves Thirteen-fourths × Two-fifths Four-thirteenths × Five-halves Four-thirteenths × Two-fifths

Answers

Answer:

13/4 * 5/2

Step-by-step explanation:

In the question, it says that her coach wants her to run 2 1/2 TIMES the original 3/4 she had ran. Therefore, you would want to make the fractions into improper fractions, and then multiply, which is how you would get 13/4 * 5/2.

will mark brain edgiunuity ASAP Eight hundred tickets are sold for a play. Thirty-five percent of those tickets were sold in advance. Which equation can be used to find the number of tickets sold in advance? StartFraction 800 divided by 8 Over 35 divided by 8 EndFraction = StartFraction 100 Over 4.375 EndFraction StartFraction 100 divided by 8 Over 800 divided by 8 EndFraction = StartFraction 12.5 Over 100 EndFraction StartFraction 35 times 8 Over 800 times 8 EndFraction = StartFraction 280 Over 6400 EndFraction StartFraction 35 times 8 Over 100 times 8 EndFraction = StartFraction 280 Over 800 EndFraction

Answers

Answer:

D on edge

Step-by-step explanation:

merry christmas my elf on the shelf/Farkle is so good and nice ;)

Answer:

d

Step-by-step explanation:

The area of polygon MNOPQR = Area of a rectangle that is 9 square units + Area of a rectangle that is ___ square units. (Input whole numbers only, such as 8.) plss help 20 or 15 points i believe <3

Answers

Answer:

Area of polygon MNOPQR = 13 units

Step-by-step explanation:

Area of smaller rectangle:

(7-3)= 4 units  multiplied by (3-2) = 1 unit

= 4 sq. units.

Area of polygon MNOPQR

= 3*3 units + 4*1 units

= 9 units + 4 units

= 13 units

Let PQRS be a square piece of paper. P is folded onto R and then Q is folded onto S. The area of the resulting figure is 9 square inches. Find the perimeter of square PQRS.

Answers

Answer:

24 inches

Step-by-step explanation:

After folding the piece of paper, the result will be 1/4 the size of the original square.

12-3*y=0 help and explain plss

Answers

12-3*y = 0

Subtract 12 from both sides:

-3 * y = -12

Divide both sides by -3:

y = 4

Answer:

y=4

Step-by-step explanation:

Standard form:

−3y + 12 = 0

Factorization:

−3(y − 4) = 0

Solutions:

y = 12/3   = 4

Isolate the variable by dividing each side by factors that don't contain the variable:

y=4

Mary went up the Old Tower taking 3 steps per second. Then she carefully came down from the tower taking 2 steps per second. It took Mary 25 seconds longer to come down than to go up. How many steps does the Old Tower have?

Answers

Answer:

150 steps

Step-by-step explanation:

let the number of steps=x

time taken to go up=1/3×x=x/3 s

time taken to go down =1/2×x=x/2 s

now

[tex]\frac{x}{2} -\frac{x}{3} =25\\multiply ~by~6\\3x-2x=25 \times 6\\x=150[/tex]


Which step should be completed first in the following problem 10 (8x 15 - 7 - 4 x3)?

Answers

Do not bring the 10 in first. 8x15 and 4x3.

Find the percent of change on an item that was $44 and now costs $66.

Answers

Answer:

33.3%

Step-by-step explanation:

the increase in price was $22.  Find the ratio

$22

-------

$66

which comes out to 0.33333, or 33.3%.

The percent change in the price of the item is 33.3%.

Answer:

It could be 3.3 i'm not to sure- but the other answer was incorrect

Step-by-step explanation:

Hey guys help me find x and measure of angle pleasee

Answers

Answer:

95 degrees

Step-by-step explanation:

Since the sum of the angles in a quadrilateral must add up to 360 degrees:

95+85+Z+85=360

Z+265=360

Z=95 degrees

Hope this helps!

Answer:

Z = 95°

Step-by-step explanation:

if W = Y => X = Z => Z = 95°

What is the result of subtracting the second equation from the first?

-4x - 2y = -2

x - 2y = 9

Answers

Answer:

-5x + 0y = -11

The y terms are eliminated

Step-by-step explanation:

- 4x – 2y = -2

X - 2y = 9

We want to subtract the second equation from the first

Distribute a minus sign to all the terms in the second equation

- 4x – 2y = -2  

X - 2y = 9

= (-5x + 0y = -11)

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