100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
HUD BUNDLED Exams 2023 with 100% correct answers $50.49   Add to cart

Package deal

HUD BUNDLED Exams 2023 with 100% correct answers

HUD Exam 2023 with 100% correct answers HUD Housing Counseling Exam 2023 with 100% correct answers

24 items

HUD Certification Exam 2023 with 100% correct answers

(0)
$16.49

Deed Restrictions Legally enforceable terms that govern the use of real estate Redlining The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status...

View example

HUD Certification exam 2023 with 100% correct answers

(0)
$17.49

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease Pay stub A client would like purchase a home within one year. The client is motivated to increase ho...

View example

HUD Housing Counselor Exam 2023 with 100% correct answers

(0)
$15.49

Adjustable Rate Mortgage (ARM) Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted G...

View example

HUD Housing Counselor Certification Practice exam 2023 with 100% correct answers

(0)
$16.49

What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? 50% Which is the maximum recommended housing ratio for renting an apartment? 30% Eligibility requirements for down-payment assistance programs include which factors? ...

View example

HUD Exam Prep exam 2023 with 100% correct answers

(0)
$15.49

% Impact of Account Payment History on Credit Score 35% portion of credit score based on the payment history of accounts, including late payments, delinquencies, judgments, and liens % Impact of Amounts Owed on Accounts on Credit Score 30% portion of score based on the ratio of total cred...

View example

HUD Practice Test exam 2023 with 100% correct answers

(0)
$16.49

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for ...

View example

HUD Practice Exam 2023 with 100% correct answers

(0)
$17.49

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household in...

View example

HUD Certification exam 2023 with 100% correct answers

(0)
$15.49

Federal law requiring lenders to not discriminate in lending practices. Equal Credit Opportunities Act (ECOA) A lender denies a loan to an immigrant family due to not having lived in the US for 5+ Years Ecoa What agencies woyld you report ECOA Violations to? Federal Trade Commission...

View example

NACA HUD Certification Exam 2023 with 100% correct answers

(0)
$16.49

Credit Report a compilation of data about you that has been gathered by credit reporting agencies or "credit bureaus" Length of Credit History Makes up 15% of FICO score Type __ of credit use makes up 10% of FICO score New Credit or Inquiries Makes up 10% of FICO score ...

View example

HUD Exam 2023 with 100% correct answers

(0)
$16.49

Jake has a session with a new client, Ruth, later that day. She has received notice that her apartment complex, which offers her project-based housing assistance, will be sold to a new management company in six months. The new company will renovate the building and will no longer participate in the ...

View example

HUD Housing Counseling Exam 2023 with 100% correct answers

(0)
$16.49

Civil Rights Act of 1866 Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) Fair Housing Act of 1968 banned discrimination in the rental or sale of housing (Race, color, religion, national origin) Housing and Community Development Act of ...

View example

HUD Housing Counseling exam 2023 with 100% correct answers

(0)
$16.49

Which document should the counselor review with the client to identify spending habits and track expenses? A. Credit report B. Pay stubs C. Bank Statement D. Tax returns Bank Statement Which additional information would the housing counselor need to prepare a household budget for this ...

View example

HUD EXAM PREP 2023 WITH 100% CORRECT ANSWERS

(0)
$16.49

Types of Credit Used Student loan or credit cards only FAKO scores purchase score which are educational score Fair Credit Reporting Act FCRA what is in file/dispute/remove 30 days/remove bad 7 yrs/bk 10 yrs/access limited/damages from violators/state rights Fair and Accurate ...

View example

HUD Exam 2023 with 100% correct answers

(0)
$16.49

Which describes the legally enforceable terms that govern the use of real estate? A. Residential security restrictions B. Deed restrictions C. Redlined Maps Government-sponsored deeds B. Deed Restrictions -Deed restrictions are legally enforceable terms that govern the use of real estate. Deed...

View example

HUD Housing Exam 2023 with 100% correct answers

(0)
$16.49

Which document should the counselor review with the client to identify spending habits and track expenses: Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? Net income Which item in the client's budget is a fi...

View example

HUD Housing Counseling Exam 2023 with 100% correct answers

(0)
$16.49

Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) Civil Rights Act of 1866 banned discrimination in the rental or sale of housing (Race, color, religion, national origin) Fair Housing Act of 1968 added gender (sex) to the protected class...

View example

Housing Counselor Exam Prep 2023 with 100% correct answers

(0)
$15.49

Default When no payments made after 60 to 90 days... 30 for FHA loans Front-End Ratio Equation Monthly housing expenses/gross monthly income Front-End Ratio maximums 28% or less - conventional loan 31% or less for FHA, 30% or less for rentals Back-End Ratio (Debt-to-Income) ...

View example

HUD Exam - Financial Management 2023 with 100% correct answers

(0)
$15.49

All of the following would help a counselor develop a realistic household budget, except: A. Payment information for a paid-off car B. Amount spent on groceries C. Rent payment information D. Monthly cable bill Answer: A Since the car is paid off, the expense does not need to be included in th...

View example

HUD Housing Counselor exam 2023 with 100% correct answers

(0)
$17.49

A potential homebuyer with a minimal savings for a down payment and a low credit score is most likely to qualify for which mortgage? - United States Department of Agriculture (USDA) - Federal Housing Administration (FHA) - Fannie Mae - Freddie Mac Federal Housing Administration (FHA) W...

View example

HUD Housing Counseling Exam 2023 with 100% correct answers

(0)
$16.49

Rental Obstacle + Solutions: Low Income -Some Renters reject people whose Rent would be more than 30% of GMI -Solutions -Apply for Housing Assistance -Expand housing search areas -Get a roommate -Move in w/family or friends Strategies for decreasing expenses and debt Prioritize "needs...

View example

HUD exam 2023 with 100% correct answers

(0)
$15.49

Telephone Customer Services: Assistance provided by the financial institution over the phone to help customers with banking complications. Mobile Banking: Allows clients to utilize banking services with mobile technology. Services often included in mobile banking include a view of up-to-dat...

View example

HUD Exam 2023 with 100% correct answers

(0)
$15.49

All of the following would help a counselor develop a realistic household budget, except: A. Payment information for a paid-off car B. Amount spent on groceries C. Rent payment information D. Monthly cable bill A. Payment information for a paid-off car All of the following are reasons why...

View example

HUD Exam 2023 with 100% correct answers

(0)
$14.49

Which factor is best for housing counselors to use when determining how much a client can afford to spend on purchasing a home? A. Debt to-income ratios B. Annual gross income C. Savings D. Options A, B, C E. None of the above D. Options A, B, and C A person or company that makes loans ...

View example

HUD Housing Counselor Exam 2023 with 100% correct answers

(0)
$15.49

What act are limited english proficiency persons protected under? title VI of the civil rights act of 1964 Which act was passed in 1866? the civil rights act of 1866 What did the civil rights act of 1866 bill declare? "all persons born in the United States (except American Indians)...

View example
Show all
avatar-seller

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $50.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$388.76 $50.49
  • (0)
  Add to cart