Examen
HUD Housing Counselor Certification Practice Assessment Questions With Complete Solutions
- Cours
- Établissement
HUD Housing Counselor Certification Practice Assessment Questions With Complete Solutions
[Montrer plus]
Aperçu du contenu
HUD Housing Counselor Certification Practice AssessmentQuestions With Complete Solutions
A client has been a paralegal for five years and earns $56,400
per year. She has been working part-time at an ice cream parlor
for the past few summers to save for her first home. Now that
she has saved $12,000 toward a down payment, she no longer
needs to work a second job. In the next three months, the client
would like to buy a single-family home near a good school for
less than $150,000.
Does this client meet a lender's expectation for continued
employment? Correct Answer Yes, because the client has been
at her job over two years
A client has been a paralegal for five years and earns $56,400
per year. She has been working part-time at an ice cream parlor
for the past few summers to save for her first home. Now that
she has saved $12,000 toward a down payment, she no longer
needs to work a second job. In the next three months, the client
would like to buy a single-family home near a good school for
less than $150,000.
What is this client's maximum mortgage payment if the lender's
housing ratio is 28 percent (round to the nearest
dollar)? Correct Answer $1,316
A client wants to customize his home with do-it-yourself
projects, this is an indication the client is best aligned with
which housing option; Home-ownership or Renting? Correct
Answer Home-ownership
,A client who is a single mother of two young children meets
with a housing counselor to create a spending
plan that helps her manage her finances better and improve her
credit score. She has been employed at her job for two years.
She works 40 hours per week and earns $12 per hour. She does
not receive child support and her monthly income barely covers
her monthly expenses, so she is unable to save. She has one
secured credit card and $5,000 of bad debt, which has been in
collection for three years. She also has an
outstanding judgment for $1,800 from a previous landlord when
she was evicted three years ago. She has a credit score of 580.
Due to her past credit history, she is renting from a private
landlord.
Which is the maximum amount that this client could afford for
monthly rental payment (rounded to the nearest dollar)? Correct
Answer $624 per month
NOTE: An affordable rental payment should be no higher than
30% of client's gross income.
$12/hr x 40 hrs per week equals $480/week multiplied by 52
weeks; divided by 12 months equals $2,080 monthly gross
income; 30% of $2,080 equals $624
A client who is a single mother of two young children meets
with a housing counselor to create a spending
plan that helps her manage her finances better and improve her
credit score. She has been employed at her job for two years.
She works 40 hours per week and earns $12 per hour. She does
not receive child support and her monthly income barely covers
her monthly expenses, so she is unable to save. She has one
,secured credit card and $5,000 of bad debt, which has been in
collection for three years. She also has an
outstanding judgment for $1,800 from a previous landlord when
she was evicted three years ago. She has a credit score of 580.
Due to her past credit history, she is renting from a private
landlord.
Which step should be included in a Client Action Plan to best
help this client qualify for rental housing at an apartment
complex?
A- Pay off the $1,800 judgment
B- Apply for a new job
C- Pay off the $5,000 ba Correct Answer A- Pay off the $1,800
judgment
NOTE: Paying off the $1,800 judgement most likely will help
improve the client's credit. Given that the judgement was for a
previous eviction, paying it off could also help the client's
chances of getting into a better rental. On the other hand, closing
the secured credit card could actually hurt the client's credit,
because it appears to be the only positive item on the client's
credit report. Also, the client's current employer indicated the
possibility of a promotion; therefore, looking for a new job may
not be a good step. Paying off the $5,000 bad debt will improve
her credit, but that is unrelated to her past rental history.
Reference: Module 1.1 Budget
Page Number 18 to 20
A Korean man and his daughter would like to rent an apartment.
Because the man is confined to a wheelchair he needs a single-
, level unit. After finding an apartment close to his daughter's
school that suits
his needs, he submits an application and is approved to rent the
unit. However, when he arrives to meet
the landlord and sign the lease the landlord refuses to conduct
business with him. The landlord claims that
the man and his daughter are misrepresenting their identities; the
landlord contends that the man he
spoke to over the phone was not in a wheelchair.
If the man decided to file a fair housing complaint, which piece
of information would be most relevant to the description of the
alleged violation?
A- The client's name and contact information
B- The client's status as a single father
C- The client's use of a wheelchair
D- The client's national origin Correct Answer C- The client's
use of a wheelchair
If a fair housing violation occurred in this circumstance, it is
most likely because of the client's use of a wheelchair, as that
was the focus of the landlord's reasoning for claiming that the
client was not who he said he was. Therefore, including that
information in the description of the alleged violation in a
complaint is very important. While the man's national origin and
his familial status as a single father are both protected
characteristics under fair housing laws, there is no evidence
given that these were the reasons the landlord refused to rent to
the client. Finally, though it is important to include name and
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur Classroom. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour $15.99. Vous n'êtes lié à rien après votre achat.
Peut-on faire confiance à Stuvia ?
4.6 étoiles sur Google & Trustpilot (+1000 avis)
67096 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 14 ans
