Hud exam 2 - Study guides, Class notes & Summaries

HECM Test Exam Questions And Revised Correct Answers 2024 A borrower got her HECM loan many years ago when the lending limit for her county was $600,000. Her home is appraised for $800,000. What is the most her repayment of the loan could be? A. $600,000 B. $800,000 C. 75% of appraised value D. Net proceeds from selling the home - ANSWERS D A borrower has a $200,000 home value. What is the likely upfront cost added to the loan balance at closing? (Revisit. Where is the formula?) A...

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

HECM Test Exam Questions And Revised Correct Answers updated A Counseling Agency's failure to follow all basic requirements required by HUD could result in which of the following: A. Termination of agency's HUD approval B. Suspension of agency's HUD approval C. Forfeiture of remaining federal grant funds D. Fines and or imprisonment E. a , b , and c F. all of the above - ANSWERS E. Termination of agency's HUD approval Suspension of agency's HUD approval Forfeiture of remaining ...

TFS MIDTERM PREP EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ The MSA G1 SCBA is a ________________ Correct Answer: open-circuit, positive pressure SCBA Air cylinders and valve assembly should be tested Correct Answer: Every 3-5 years MSA G1 SCBA COMPONENTS Correct Answer: - Air cylinders and valve assembly - G1 Pressure reducer with low pressure warning device - G1 regulator - G1 HEADS UP DISPLAY - G1 face piece - G1 control module - G1 speaker module - G...

Lead Inspector / Assessor Course Exam Questions And Answers (100% Solved) What agencies focus on childhood lead poisoning prevention? - Correct Answer-CDPH, HUD, EPA What is the CAL OSHA Standard for lead? - Correct Answer-Title 8 CCR 1532.1 What is the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housing? - Correct Answer-1995 HUD Guidelines When was the revision to Chapter 7 of the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housi...

Atomic Symbol for Lead and origin Latin word? - Pb; plumbum meaning "liquid silver" What form of lead is mostly used in the United States? - #1 Form: Lead Acid Batteries, #2 Form: Ammunition, #3 Form: Paints & Coatings Why is/was lead added to paint? - Durability. Other qualities include: prevents mold growth & corrosion, soundproofing, quick drying. What is white lead? - Major form of lead used in paint before 1950, it was the only white paint used in European paintings until 19th centu...

Environmental Protection Agency (EPA) Lead Risk Assessor Exam Study Guide / HUD Guidelines - Answer- What Federal document serves as an overall guideline for performing inspections, risk assessments, and abatement activities? chelation therapy - Answer- A child may be treated for lead poisoning by using... Identify LBP hazards - Answer- The purpose of a lead risk assessment is to? Elevated Blood Level - Answer- What does EBL mean? Ingestion of lead dust - Answer- How does lead primarily enter ch...

HSA Block 1 Exam Questions & Answers with 100% Correct Answers | Verified | Updated 2024 A complete staff package accomplishes what five things? - 1) States the problem/issue/situation and IMPACT 2) Provides background information 3) Spells out options/courses of action 4) Recommends action 5) Records coordination with affected agencies A Health Maintenance Organization (HMO) focuses on preventive care and coordinates all care through what? - A Primary Care Manager (PCM) A panel of p...

LEAED ABATEMENT SUPERVISOR EXAM QUESTIONS AND ANSWERS LATEST UPDATE .Identify the materials used for enclosure Drywall vinyl siding Plywood Paneling Caulk and sealant Hazards that exist in residential environments Lead dust Lead contaminated soil Peeling, chipping paint Folk remedies Describe how children are typically exposed to lead Hand to mouth activities Worker take home dust Identify the common routes of worker lead exposure Inhalation Ingestion Describe the basic health e...

HECM Test Exam Questions And Revised Correct Answers 2024 A borrower got her HECM loan many years ago when the lending limit for her county was $600,000. Her home is appraised for $800,000. What is the most her repayment of the loan could be? A. $600,000 B. $800,000 C. 75% of appraised value D. Net proceeds from selling the home - ANSWERS D A borrower has a $200,000 home value. What is the likely upfront cost added to the loan balance at closing? (Revisit. Where is the formula?) A...