Exam (elaborations)
Housing Counselor Exam Accurate100%
- Course
- Institution
Default - ANSWER When no payments made after 60 to 90 days... 30 for FHA loans Front-End Ratio Equation - ANSWER Monthly housing expenses/gross monthly income Front-End Ratio maximums - ANSWER 28% or less - conventional loan 31% or less for FHA, 30% or less for rentals Back-End Ratio (Deb...
[Show more]