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Business, 01.06.2021 23:30 24jameb

Bill and Betty just received $25,000 profit from the sale of their home. They are in the process of buying a new home for $185,500 with an 80% LTV ratio. The lender is charging the normal loan origination fee and is lending the money at 1.5 discount points. Bill and Betty pay an attorney $400 to handle the closing, and they must also pay for the excise tax. How much money will the lender be paid in fees

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Bill and Betty just received $25,000 profit from the sale of their home. They are in the process of...
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