Conventional ratio - Study guides, Class notes & Summaries

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Real asvab test!!! Updated Spring 2023. "Complexity" most nearly means 4 weights are tied together and hung from the ceiling. what will be the tension in the cord at the point labeled X? 4x+12=0 a belt passes over a drum and its ends are connected to springs. if the drum rotates in the direction shown and there is friction between the drum and the belt, then a box sits on a smooth table. 3 strings are attached to the box, each having a weight of 10 Ibs. attached to the othe...

HUD Housing Counseling Exam 2023/2024 Back-end ratio The back-end ratio (or debt-to-income ratio) compares total debt to gross monthly income. The client's only debt is a $435 lease payment, so the $950 mortgage payment brings his total monthly debt to $1,385. He earns $50,000 per year, which equals $4,166.67 per month. The client's total current expenses divided by gross monthly income equals 52%. The client's combined current housing payment and car payment divided by gross monthly inco...

What BEST describes the effect on the patient if you continue to lower a hearing instrument's kneepoint and increase the compression ratio? Choose ALL that apply. A. a lot of gain for soft sounds B. very few speech cues in a crowded party C. little or no gain for moderately loud sounds D. too much amplification in a crowded party - ANSWER-A,B, & C What frequencies would be MOST affected by a head cold? - ANSWER-Low frequencies. 250,500 What is found on the bottom of the ear canal? - ...

CT Registry Review (MIC) Questions and Answers Rated 100% In order for an x-ray photon to be measured it must: 1. enter the detector chamber 2. be absorbed by the detector material 3. be converted to a measurable event *ANS* 1,2,3 Which system component converts the projection attenuation data into the proper digital form for the array processor? *ANS* analog-to-digital converter Which of the following is NOT a function of a PACS system? a. reconstruction of the image from the raw d...

Front end ratio (parts) - Answer Monthly Housing Expense / Gross Income Back End Ratio (parts) - Answer Monthly housing+debt (on credit report - car loan, credit cards & etc) / Gross Income Renter Ratio - Answer 30% / 36% Conventional Ratio - Answer 28% / 36% FHA (Federal Housing Administration) Ratio - Answer 31% / 43% EEM - Energy Efficent Mort - Answer 33% / 45% VA - Answer 41% (must include child care with other debts) MIP - Answer Mortgage Insura...

Progression: Construction Coordinator I - II Exam Answered Correctly. A chain trencher A return path sweep-and-alignment system is used to adjust which of the following? Anomalies, such as echoes and blind spots, can hide cable faults or cause a technician to misinterpret the signature of a time domain reflectometer (TDR) waveform. What causes an echo on a waveform TDR? As the RF signal travels on the coaxial cable, one portion of the signal may be attenuated more than the others. ...

HUD Housing Counseling Exam Question and answers rated A+ 2024 Back-end ratio - correct answer The back-end ratio (or debt-to-income ratio) compares total debt to gross monthly income. The client's only debt is a $435 lease payment, so the $950 mortgage payment brings his total monthly debt to $1,385. He earns $50,000 per year, which equals $4,166.67 per month. The client's total current expenses divided by gross monthly income equals 52%. The client's combined current housing payment and...

Back-end ratio - ANSWER The back-end ratio (or debt-to-income ratio) compares total debt to gross monthly income. The client's only debt is a $435 lease payment, so the $950 mortgage payment brings his total monthly debt to $1,385. He earns $50,000 per year, which equals $4,166.67 per month. The client's total current expenses divided by gross monthly income equals 52%. The client's combined current housing payment and car payment divided by gross monthly income equals 24%. Calculation: Deb...

Back-end ratio Correct Answer The back-end ratio (or debt-to-income ratio) compares total debt to gross monthly income. The client's only debt is a $435 lease payment, so the $950 mortgage payment brings his total monthly debt to $1,385. He earns $50,000 per year, which equals $4,166.67 per month. The client's total current expenses divided by gross monthly income equals 52%. The client's combined current housing payment and car payment divided by gross monthly income equals 24%. Calculation...