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Gnom [1K]
1 year ago
15

Allison wants to become an MLO but is unsure about the process in which she must go through to obtain her license. She needs som

e help and is looking to you for guidance. What are the steps that Allison must take in order to obtain her mortgage loan originator license
Business
1 answer:
ladessa [460]1 year ago
8 0

Answer: See explanation

Explanation:

The steps that Allison must take in order to obtain her mortgage loan originator license include the following:

Step 1. In order to get the license, Allison should be at least 18 years old.

Step 2. Allison should register with Nationwide Mortgage Licensing System and Registry after which she'll get an NMLS number.

Step 3. Allison would then have to finish the 20 hours pre-licensure education aftee which she must pass it by having a score of at least 75%.

Step 4. Allison would then go through a criminal background check if she scores at least 75% and get the credit report.

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She is not being proactive and waking up early enough to get on the bus
3 0
2 years ago
Indiana Co. began a construction project in 2021 with a contract price of $150 million to be received when the project is comple
telo118 [61]

Answer: A. Recognized $3.75 million loss on the project in 2022.

Explanation:

The project is 70% complete after 2022

i.e $99.75 million costs to date / $142.5 million estimated total costs.

The estimated gross profit is now $7.5 million

( i.e., $150 million - $142.5 million)

gross profit to date is $5.25 million. $9 million was recognized in 2021 so a $3.75 million loss is recognized in 2022.

6 0
2 years ago
The following costs relate to Salad Box Company for a relevant range of up to 10,000 units annually: Variable Costs: Direct mate
Vadim26 [7]

Answer:

Equations best describes the equation to determine total profit for a sales volume: Total profit  = $10.00X – ($4X + $30,000)

Explanation:

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Fixed Costs = Manufacturing overhead + Selling and Administrative = $20,000 + $10,000 = $30,000

Box sells each unit for $10.00. X is the number of units are sold

Total profit = Sales revenue - (Total variable costs + Fixed Costs) = $10.00X – ($4X + $30,000)

3 0
2 years ago
It is possible today to calculate the total financial returns for each customer that we expected to be earned over the length of
Misha Larkins [42]

Answer:

true

Explanation:

5 0
2 years ago
The xyz company has two offices, one in chicago, and a brand new office in pittsburgh. to connect the two offices, they will nee
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2 years ago
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