Exam (elaborations)
SAFE Mortgage Loan Originator | 96 Questions and Answers(A+ Solution guide)
- Module
- Institution
requalification - an estimate of the loan amt. for which the buyer can qualify based on his income/credit under the lenders standards USDA ratio - 29/41 FHA ratio - 31/43 Asset based loan - -loans based on borrowers equity -bad when lenders fail to consider ability to repay High Cost Loan - R...
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