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November 24, 2020

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flood 1.?A determination as to whether property is located in a flood hazard zone is made by the title examiner. (Points : 2) ?True ?False ? Question 2.2.?Most loan commitments require an appraisal of the value of the property be delivered to the lender for review and approval prior to closing. (Points : 2) ?True ?False ? Question 3.3.?Most loan commitments are assignable by the borrower. (Points : 2) ?True ?False ? Question 4.4.?A penalty for late payment of a mortgage payment is known as a prepayment penalty. (Points : 2) ?True ?False ? Question 5.5.?Real estate taxes are often prorated between a purchaser and seller. (Points : 2) ?True ?False ? Question 6.6.?A foreign person affidavit is signed by the purchaser. (Points : 2) ?True ?False ? Question 7.7.?A loan commitment is effective without acceptance by the borrower. (Points : 2) ?True ?False ? Question 8.8.?Most payments on mortgage loans are made in arrears. (Points : 2) ?True ?False ? Question 9.9.?A penalty for late payment of a mortgage payment is known as a late charge. (Points : 2) ?True ?False ? Question 10.10.?A loan can always be prepaid before its maturity. (Points : 2) ?True ?False ? ? ? Answer preview. ?False.. ? ? APA 188 words

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