How does home equity loan benefit the lender

Assignment Help Accounting Basics
Reference no: EM132003878

Question - There are two types of home-equity loans - fixed-rate loans and lines of credit, with terms ranging from 5 to 15 years. Note that both types of loans must be repaid in full if the home on which they are borrowed is sold.

How does home equity loan benefit the lender?

Reference no: EM132003878

Questions Cloud

Discus the brainstorming process in detail : Follow the brainstorming process discussed in class and present at least two (or more) general ideas as a starting pointfor your research/project.
Explain how the accounting equation is impacted : Adjusting Entries are required at the end of the period to ensure that accrual accounting principles are applied. Explain how Accounting Equation is impacted
History of the human services profession : What is considered the most important historical event in the history of the human services profession?
What were the pros and cons of sangamo : What were the pros and cons of Sangamo pursuing its gene editing programs alone versus working with a partner?
How does home equity loan benefit the lender : Note that both types of loans must be repaid in full if the home on which they are borrowed is sold. How does home equity loan benefit the lender
What are the different types of sanctions : What are the different types of sanctions that can be imposed on a psychologist? Provide a real life example for each sanction.
Describe four ways in which the privacy threats posed : Identify and describe four ways in which the privacy threats posed by cybertechnology differ from those posed by earlier technologies?
Write a brief synthesis and summary of the two articles : Research at least two articles on the topic of big data and its business impacts. Write a brief synthesis and summary of the two articles.
How much tax does she save by using the alternative selected : Should Wendy claim the income exclusion or tax credit and how much tax does she save by using the alternative selected

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd