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Champions real estate finance Exams Bundle
Champions real estate finance Exams Bundle
[Show more]Champions real estate finance Exams Bundle
[Show more]1.	appraisal: appraisers opinion of value 
2.	principal of contribution: the value if the property is equal to the sum if the contributory value of each of its component parts. 
3.	loan to value ratio: percentage of value or sales price that a lender is willing to finance. 
4.	desk review: goes thro...
Preview 2 out of 13 pages
Add to cart1.	appraisal: appraisers opinion of value 
2.	principal of contribution: the value if the property is equal to the sum if the contributory value of each of its component parts. 
3.	loan to value ratio: percentage of value or sales price that a lender is willing to finance. 
4.	desk review: goes thro...
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Wrongful or criminal deception intended to result in financial or personal gain is 
called: - CORRECT ANSWERS fraud 
The Buyer and Seller Temporary Residential Lease forms may be used for a lease 
period not to exceed: - CORRECT ANSWERS 90 days 
__________ extend above the surface without limitati...
Preview 1 out of 4 pages
Add to cartWrongful or criminal deception intended to result in financial or personal gain is 
called: - CORRECT ANSWERS fraud 
The Buyer and Seller Temporary Residential Lease forms may be used for a lease 
period not to exceed: - CORRECT ANSWERS 90 days 
__________ extend above the surface without limitati...
mortgage Broker - CORRECT ANSWER Functions as a middleman between the 
borrower and the lender, negotiating, selling or arranging loans to be delivered to 
large investors 
Mortgage Banker - CORRECT ANSWER Provide their own funds for the 
purpose of providing mortgage financing 
Correspondent Len...
Preview 2 out of 7 pages
Add to cartmortgage Broker - CORRECT ANSWER Functions as a middleman between the 
borrower and the lender, negotiating, selling or arranging loans to be delivered to 
large investors 
Mortgage Banker - CORRECT ANSWER Provide their own funds for the 
purpose of providing mortgage financing 
Correspondent Len...
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