Exam (elaborations)
HECM Counseling Certification Exam Latest Updated
- Course
- Institution
Non-recourse - ANSWER-Borrower has no obligation to pay back more than the value of the home Proprietary Reverse Mortgage - ANSWER-A loan offered by a particular lender, not federally insured. Generally target homeowners with high home values How is loss risk controlled? - ANSWER-Relating the...
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