HUD Housing Counselor Certification Practice; Questions and Answers 100% Verified
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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? - ANSWER-50%
Which is the maximum recommended housing ratio for renting an apartment? -
AN...
The client tells the lender that he is expecting a raise soon. Should the Lender
provide a
Loan Estimate (LE) with, or without factoring the raise? - ANSWER-Provide a
loan
estimate without factoring in the raise
If this client obtains a mortgage of $100,000, typically, how much should he
expect to
pay for closing costs? - ANSWER-$3000 to $4000
Is Application Fee an upfront cost of clients who are considering renting or
buying a
property? - ANSWER-Renting
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? -
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