Hud practice exam 2023 - Study guides, Class notes & Summaries

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Answer- List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Answer- A credit report may contain which information? - Answe...

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? ... A credit report may contain which information? Income histor...

Deed Restrictions - Answer- Legally enforceable terms that govern the use of real estate Redlining - Answer- The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 - Answer- Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental piece of legislation, which pr...

(2023/2024) HUD Practice Exam Questions and Answers (Verified Answers)

HUD 2023 Practice Exam Questions And Verified Answers

HUD Certification Exam with complete solution 2023Deed Restrictions Legally enforceable terms that govern the use of real estate Redlining The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental...

HUD NMLS - Practice Exam Questions and Answers (2023/2024) (Verified Answers)

HUD Practice Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)

HUD Certification Exam with Answers 2023/2024 Deed Restrictions correct answerLegally enforceable terms that govern the use of real estate Redlining correct answerThe practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 correct answerFollowing the assassination of Dr. Martin Luther King Jr., C...