Chuck Obtained a Mortgage of $90,000 to Finance a $120,000

question 132

Multiple Choice

Chuck obtained a mortgage of $90,000 to finance a $120,000 home. The title search will be $400, appraisal fee $500, application fee $900, and he will pay 1% origination fee. How much are his closing costs?

• A) $900
• B) $1,800
• C) $2,700
• D) $3,000

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Definitions:

Big Five

Five comprehensive personality domains: extraversion, agreeableness, conscientiousness, neuroticism, and openness to experience.

Type A Personalities

Individuals who exhibit a competitive, driven, and highly organized characteristic often linked to higher stress levels.

Heart Attacks

Medical emergencies caused by the blockage of blood flow to the heart muscle, often resulting in damage.

Hostile People

Individuals who consistently exhibit anger, aggression, or resentment in their interactions with others.