David Saks: Real Estate Practice : Lesson 808

Real Estate Practice : Lesson 808

                                                        #808

If the lender agrees to guarantee a specific interest rate for a specific period of time this is known as discounting the float.

Is this true or false ?

Please take your time. The solution is posted below the wildlife photo.

wildlife

A. False

If the lender agrees to guarantee a specific interest rate for a specific or certian period of time this is know as a lock-in.


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0 commentsDavid Saks • September 06 2010 02:49AM

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