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Which of the following closing costs DO NOT increase the lender's effective loan yield? A.) Discount...

Which of the following closing costs DO NOT increase the lender's effective loan yield?

A.) Discount points

B.) Prepayment penalties

C.) Title insurance charges

D.) Origination fees

Solutions

Expert Solution

Ans C.) Title insurance charges

The following closing costs increase the lender's effective loan yield Discount points, Prepayment penalties, Origination fees. The effective yield is the total yield an investor receives in contract to the nominal yield.

jeff jeffy answered 2 years ago
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