Tdhca - Study guides, Class notes & Summaries

Champions School of Real Estate Finance Exam || Complete Questions & Answers (Graded A+) Champions School of Real Estate Finance Exam || Complete Questions & Answers (Graded A+) Seller's market - ANSWER - When supply is low and demand is high Buyer's market - ANSWER - When supply is high and demand is low The process of creating a new mortgage loan - ANSWER - Origination The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender...

The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. : Origination activities The process of evaluating a borrower's loan application to determine the risk involved for the lender is : Underwriting Which of the following Federal Fair Housing statues prohibit housing discrimination : National Origin All residential mortgage loan originators must now be registered with the ______. : Nationwide Mortgage Licensing...

Champions Real Estate Finance Study Guide Exam Final 2024 Congress created the Federal Housing Administration in - CORRECT ANSWER-1934 In order to qualify for exemption from capital gains, the property must have been the primary residence for two of the previous ___ years - CORRECT ANSWER-5 years A loan with no discount points is known as a - CORRECT ANSWER-Par loan What is Fiat money - CORRECT ANSWER-Currency that is not backed up by any precious metals At the treasury level, funds c...

Principles of Real Estate 1- Champions School of Real Estate a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - ANSWER D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - ANSWER D.) All of these ...

Principles of Real Estate 1- Champions School of Real Estate a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - ANSWER D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - ANSWER D.) All of these ...

Texas Principles of Real Estate 2 (2023/ 2024) Exam | Guide with Verified Answers| 100% QUESTION Loan Origination Fee? Answer: The financing charge that a lender requires. QUESTION VA Loan? Correct Answer: A loan made to qualified veterans for the purchase of real property wherein the Department of Veteran's Affairs guarantees the lender payment of the mortgage. Guarenteed Loan. QUESTION FHA Loans? Answer: Insured. 203b, 203h, Rehab loa...

PRINCIPLES OF REAL ESTATE 1- CHAMPIONS SCHOOL OF REAL ESTATE QUESTIONS WITH CORRECT ANSWERS. a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification Answer- D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these Answer- ...

Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) The process of evaluating a borrower's loan application to determine the risk involved for the lender - ANSWER -Underwriting When was the FHA created? - ANSWER -1934 Who funds the FHA? - ANSWER -The FHA funds itself How long is the lifespan of a $20 bill? - ANSWER -7.9 years What is the "prime rate?" - ANSWER -The interest rate that is determined by individual banks Who provides VA h...

Origination - ANSWER-The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower Credit reports will be ordered, in most cases from all three major national credit reporting agencies: - ANSWER-Experian, Equifax, and TransUnion Not all creditors will report to all three, they will - ANSWER-Each reporting agency will report a different credit score for the borrower Underwriting - ANSWER-The detailed process of evaluating a borrower...

Champions School Of Real Estate – FINANCE Questions & Answers (rated A) The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. - ANSWERSOrigination activities The process of evaluating a borrower's loan application to determine the risk involved for the lender is - ANSWERSUnderwriting Which of the following Federal Fair Housing statues prohibit housing discrimination - ANSWERSNational Origin All residential mor...