One Major Underwriting Concern for a Permanent Lender Is the Estimate

question 33

True/False

One major underwriting concern for a permanent lender is the estimate of the cost of construction.

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Definitions:

Disillusionment

The sensation of letdown that occurs upon realizing something isn't as great as previously thought.

Internship

A period of work experience offered by an organization for a limited period of time, often for students or recent graduates.

Disillusioned

The feeling of disappointment arising from the discovery that something is not as good as one believed it to be.

Sidetracked

Deviation from the main issue, topic, or task at hand.