XINNIX FLIGHT SCHOOL EXAM | 186 QUESTIONS & ANSWERS 3 Exam (elaborations) Xinnix Ground School Mortgage Final Exam with Complete Solutions 4 Exam (elaborations) Xinnix SOAR Final Exam with Complete Solutions 5 Exam (elaborations) XINNIX Ground School Final|Questions/Answers from multiple Mock Ex...
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Xinnix Final Exam| 125 Questions with Solutions On an FHA loan the upfront MIP should be included when calculating cash-to-close. Correct Answer-False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) Correct Answer-Fals
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Add to cartXinnix Final Exam| 125 Questions with Solutions On an FHA loan the upfront MIP should be included when calculating cash-to-close. Correct Answer-False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) Correct Answer-Fals
XINNIX FLIGHT SCHOOL EXAM | 186 QUESTIONS & ANSWERS The rate lock period for a refi, with a right of rescission, must be long enough to cover the rescission period. Correct Answer-True How long does a borrower have to wait to buy a home after they have had a foreclosure? FHA Correct Answer-...
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Add to cartXINNIX FLIGHT SCHOOL EXAM | 186 QUESTIONS & ANSWERS The rate lock period for a refi, with a right of rescission, must be long enough to cover the rescission period. Correct Answer-True How long does a borrower have to wait to buy a home after they have had a foreclosure? FHA Correct Answer-...
Xinnix Ground School Mortgage Final Exam with Complete Solutions On an FHA loan the upfront MIP should be included when calculating cash-to-close. Correct Answer-False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) Correct Answer-False
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Add to cartXinnix Ground School Mortgage Final Exam with Complete Solutions On an FHA loan the upfront MIP should be included when calculating cash-to-close. Correct Answer-False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) Correct Answer-False
Xinnix SOAR Final Exam with Complete Solutions FNMA and FHLMC are what type of loan? Correct Answer-conforming the main purpose of the Consumer financial protection bureau (CFPB) is to help consumers understand the terms of their agreements with financial companies C
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Add to cartXinnix SOAR Final Exam with Complete Solutions FNMA and FHLMC are what type of loan? Correct Answer-conforming the main purpose of the Consumer financial protection bureau (CFPB) is to help consumers understand the terms of their agreements with financial companies C
XINNIX Ground School Final|Questions/Answers from multiple Mock Exams A program description contains the summary of eligibility requirements for a loan to be sold to a specific lender/investor Correct Answer-TRUE If the term of an ARM is 5 years or less, the qualifying rate is the Start Rate +...
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Add to cartXINNIX Ground School Final|Questions/Answers from multiple Mock Exams A program description contains the summary of eligibility requirements for a loan to be sold to a specific lender/investor Correct Answer-TRUE If the term of an ARM is 5 years or less, the qualifying rate is the Start Rate +...
XINNIX Exam| 151+ Questions and Answers 100% Solved Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) Correct Answer-True What is the maximum seller contribution allowed for a primary residence at 95% LTV? (FNMA/FHLMC) Correct Answer-3%
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Add to cartXINNIX Exam| 151+ Questions and Answers 100% Solved Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) Correct Answer-True What is the maximum seller contribution allowed for a primary residence at 95% LTV? (FNMA/FHLMC) Correct Answer-3%
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