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A lender estimates the closing costs on a home loan will be 3.75% of the loan amount of $120,000. The actual closing costs are listed below.
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A lender estimates the closing costs on a home loan will be 3.75% of the loan amount of $120,000. The actual closing costs are listed below.

User Wolfc
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2 Answers

4 votes

Answer:

d

Explanation:

just took the test and got it right

User Elmattic
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8.2k points
4 votes

Answer:

answer letter D.

The lender made a poor estimate; it was off by more than 0.5% of the actual closing costs.

Explanation:

User Cassaundra
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8.4k points
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