Garantie de satisfaction à 100% Disponible immédiatement après paiement En ligne et en PDF Tu n'es attaché à rien
Recherché précédemment par vous
Xinnix Exam Practice Questions and Answers (100% Pass)Xinnix Exam Practice Questions and Answers (100% Pass) Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - Answer️️ -True What is the maximum seller contribution allowed9,67 €
Ajouter au panier
Xinnix Exam Practice Questions and Answers (100% Pass)Xinnix Exam Practice Questions and Answers (100% Pass) Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - Answer️️ -True What is the maximum seller contribution allowed
5 vues 0 achat
Cours
Xinnix
Établissement
Xinnix
Xinnix Exam Practice Questions and
Answers (100% Pass)
Loans with an LTV >80% will typically require mortgage insurance.
(FNMA/FHLMC) - Answer️️ -True
What is the maximum seller contribution allowed for a primary residence
at 95% LTV? (FNMA/FHLMC) - Answer️️ -3%
On an ARM, redisclo...
Xinnix Exam Practice Questions and
Answers (100% Pass)
Loans with an LTV >80% will typically require mortgage insurance.
(FNMA/FHLMC) - Answer✔️✔️-True
What is the maximum seller contribution allowed for a primary residence
at 95% LTV? (FNMA/FHLMC) - Answer✔️✔️-3%
On an ARM, redisclosure of the Truth in Lending is required if the APR
changes more than ____%? - Answer✔️✔️-.25
FHA loans have both a BASE Loan Amount and Total Loan Amount -
Answer✔️✔️-True
A borrower's brother would like to give her money to help towards the
down payment of her new house. This would be considered _________ -
Answer✔️✔️-A gift from a relative and would require a gift letter, as well as
proof that the funds have been transferred to the borrower's account.
A straw buyer is an individual who is paid to purchase a property and
apply for a mortgage for someone who is unable to qualify for a loan. -
Answer✔️✔️-True
Desktop Underwriter (DU) would result in a decision of
Approve/Ineligible on a loan with excellent credit which qualifies as a
jumbo loan program - Answer✔️✔️-True
If a borrower qualifies for an agency loan of $295,750, FHA is a viable loan
option. - Answer✔️✔️-True
Using the following information, answer the following conventional
financed MI loan question.
Sales Price = $185,000
Down Payment = 10%
Credit Score = 635
20-year Fixed Rate
Owner-occupied
What is the Total Loan Amount and MI Factor? - Answer✔️✔️-$169,247 /
1.65%
As a pillar of relationship selling, to Know You means to have what? -
Answer✔️✔️-Name recognition
The following are types of renovation mortgages: - Answer✔️✔️-FNMA
HomeStyle, FHA 203(k)
Your borrower is paid $1,950 bi-weekly and has been on his job for three
years. His wife works part-time and makes $10.25/hour. She works 20
hours per week and has been on her job for two years. What is their
combined monthly income? - Answer✔️✔️-$5,113
What is the maximum seller contribution allowed for an investment
property at 80% LTV? (FNMA/FHLMC) - Answer✔️✔️-2%
Flipping is a scheme where several people each purchase a property within
the neighborhood and then sell the properties to one another, inflating the
price of the home with each sale. - Answer✔️✔️-False.
The perpetrator purchases a piece of property and resells it quickly (often
the same day) at a much higher price.
Redisclosure of the Truth in Lending is required if the APR changes more
than ____%? - Answer✔️✔️-.125
If a borrower qualifies for an agency loan of $325,000, FNMA is a viable
loan option. - Answer✔️✔️-True
If the VA maximum entitlement has been changed by law, a veteran's COE
may show an available amount which is less than the VA maximum
allowable entitlement. - Answer✔️✔️-True
A veteran has the ability to transfer a portion of their entitlement to another
veteran. - Answer✔️✔️-False
A HUD consultant would not be required for an FHA 203(k) standard
program. - Answer✔️✔️-False
3
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur SophiaBennett. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour 9,67 €. Vous n'êtes lié à rien après votre achat.