Exam (elaborations)
Housing Counselor Exam Prep Questions and Answer
- Course
- Institution
Default - Answer- When no payments made after 60 to 90 days... 30 for FHA loans Front-End Ratio Equation - Answer- Monthly housing expenses/gross monthly income Front-End Ratio maximums - Answer- 28% or less - conventional loan 31% or less for FHA, 30% or less for rentals Back-End Ratio (...
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