Nmls practice exam free
a 2/1 buydown. reduces the interest rate by 2% the first year and 1% the second year, until it reaches its original principal interest for example 1st year=4.5% 2nd =5.5% 3rd= 6.5% 4th= 6.5% and so on. If a lender discovers that fire policy is not in effect, what can happen? forced place insurance. an appraisal is.
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