Da Master.docx

Answers

1a. Personal: Checking Accounts, Savings Accounts , Certificate Accounts, Consumer Loans, Residential Loans, Credit & Debit Cards, Additional Services Business: Business Savings, Business Checking, Business Certificates, Business Loans

1b . Yes.

1c. As per below figure:

2. Wikipedia The calculation can be completed if principal amount is known.

3.a

https://www.capitalone.com/bank/savings-accounts/online-money-marketaccount?360b_MM_WWW_MMBAU_HP_EXP5_CO_1=//#id_rates

3b wellsfargo : way2save :

Restrictions and special requirements

Way2Save Savings ®

  Minimum opening deposit $25 Open Now

Monthly service fee

$5 Avoid the monthly service fee when you maintain one of these options: A $300 minimum daily balance OR A recurring, automatic savings option OR Are under the age of 18 (19 in AL) and are the primary owner of this account

4a. Types of Mortgages provided: 

Fixed Rate Loans



Adjustable Rate Mortgage (ARM)



Jumbo Mortgages



FHA Mortgages



VA Mortgages

As per the UW guidelines, FHA mortgages LTV is less than 96% all others are less than 75%.

4b. Young savers account.

5. Daily Maximum: No more than five (5) Overdraft and/or Returned Item Fees will be applied on any one (1) Bank of the West Fee 2% of transaction amount Business Day per checking or money market Account.