Identify the paperwork required to get prequalified for a mortgage loan and to close on a home purchase deal.

Documents Required for Mortgage Loan:

- consumer's credit score

- consumer's income statement

Documents Required to Close on a Home Purchase:

- transfer of title ownership

- mortgage loan agreement

Documents Required for Mortgage Loan:

- Consumer's credit score - this helps determine the amount of money that is allowed to be borrowed, the rate of payments due and the amount of interest added to the loan.

- Consumer's income statement - this is needed for proof of income when submitting the loan application.

Documents Required to Close on a Home Purchase:

- Transfer of title ownership - when a home is purchased, there is a transfer title of ownership from the previous owner or builder to the new homeowner.

- Mortgage loan agreement - this is signed by the borrow that they will pay their mortgage on the home each month

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; conceptual skills;