Hi,
I'm new to this forum but I do have a situation.
SO we have this info:
| ARM Loan Information (Cell B) | Cell C | Cell D |
| Type of Loan: | ||
| Home Value | UFMIP | |
| Enter Loan Amount Here: | Loan Amount + UFMIP | |
| Term (years) | 78% Equity | |
| Starting interest rate | ||
| Current rate after fixed term finishes | ||
| Extra Cost E= |
And the instructions are:
| INSTRUCTIONS: |
| Use an Excel formula to check if C2 cell is a 'FHA' Loan. Then execute the following steps: |
Could anyone please help me solve this task?
Thank you kindly in advance.