Respuesta :
The Loan Estimate discloses mortgage loan key features, costs, and risks. The Loan Estimate displays the total principal the borrower will pay
What is Loan?
A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, or other entities in finance. The recipient incurs a debt and is typically required to pay interest on that debt until it is repaid, in addition to repaying the principal amount borrowed.
A loan is a sum of money borrowed from a lender by an individual or company. It is divided into three categories: unsecured and secured loans, conventional loans, and open-end and closed-end loans.
While a loan provides all of the money requested at the time it is issued, a credit provides the customer with an amount of money that can be used as needed.
To know more about Loan follow the link:
https://brainly.com/question/26011426
#SPJ4
