HUD Housing Counselor Certification Practice; Questions and Answers
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Course
HUD
Institution
HUD
HUD Housing Counselor Certification
Practice; Questions and Answers 100% Verified
What is the maximum percent of area median income allowable for a household
to qualify for a Housing
Choice Voucher? correct answer50%
Which is the maximum recommended housing ratio for renting an apartment? ...
If this client obtains a mortgage of $100,000, typically, how much should he
expect to pay for closing
costs? correct answer$3000 to $4000
Is Application Fee an upfront cost of clients who are considering renting or
buying a property? correct
answerRenting
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
answerHome-ownership
The client's gross monthly income is $4167 and the monthly debts are $435.
What is the maximum
mortgage payment (rounded to the nearest dollar) for which this client would
qualify using a standard
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