Does the borrower Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Does the borrower? On this page you'll find 3098 study documents about Does the borrower.
Page 2 out of 3.098 results
Sort by
-
Final Exam TN Real Estate Course Exam Questions with 100% Correct Answers | Updated & Verified | 2024
- Exam (elaborations) • 19 pages • 2024
-
- $9.99
- 1x sold
- + learn more
A Tennessee licensee must use the "Exclusive Right to Sell" form required by the licensee's broker. 
According to the level of authority delegated to the agent, the usual real estate agency is a limited 
agency. 
When must the contract be in writing? John is agreeing to sell his shed to Shawn for $1,000. 
One disadvantage in using active listings for comparables is they provide somewhat dubious 
comparisons because listing prices are not selling prices. 
Why is it sometimes necessary to inclu...
-
RMLO - Champions School of Real Estate| 109 questions with 100% correct answers
- Exam (elaborations) • 12 pages • 2023
- Available in package deal
-
- $15.99
- 2x sold
- + learn more
A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. 
secondary market 
 
 
 
The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. 
Federal Housing Finance Agency (FHFA) 
 
 
 
The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. 
Gov't. National Mortgage Association - Ginnie Mae 
 
 
 
...
-
Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
- Exam (elaborations) • 51 pages • 2023
-
Available in package deal
-
- $12.99
- 1x sold
- + learn more
Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
-
CHAMPIONS REAL ESTATE FINANCE GRADED A+ ALREADY PASSED 2023
- Exam (elaborations) • 22 pages • 2023
-
Available in package deal
-
- $15.39
- 2x sold
- + learn more
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...
-
Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end
- Exam (elaborations) • 12 pages • 2023
-
Available in package deal
-
- $12.99
- 3x sold
- + learn more
Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end 
Gold Coast 45 Hour Exam Questions (exam 
version H 2023) Answer Key at the end 
Property managers who are employed and compensated by community 
associations are required to obtain and maintain which type of license? 
CAM 
What term is used for the practice of specializing in one particular residential 
neighborhood or type of property? 
Farming 
upon closing a sales transaction who pays the sales associate their ...
Too much month left at the end of the money?
-
Champions real estate finance Exam Questions with Verified Answers
- Exam (elaborations) • 8 pages • 2023
-
Available in package deal
-
- $12.49
- 3x sold
- + learn more
mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors 
 
Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing 
 
Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk 
 
Origination - Answer- The process of creating a new mortgage loan 
 
U...
-
RECA Fundamentals of Mortgage Brokerage 2023 Exam
- Exam (elaborations) • 41 pages • 2023
- Available in package deal
-
- $12.99
- 1x sold
- + learn more
Which of the following is part of RECA's commitment to consumer protection? - AnswerWhat are some benefits that mortgage brokerage trade associations offer their 
members? - Answer- Licensing Standards for mortgage industry members 
Which entity has the authority to amend the Act? - Answer- Provincial Legislators 
Which of the following represents an accountability mechanism that RECA must comply 
with under the Act? - Answer- Previous Fiscal year 
In addition to mortgage brokerage trade associ...
-
Kentucky Real Estate Practice Final One |120 questions and answers.
- Exam (elaborations) • 17 pages • 2023
- Available in package deal
-
- $14.49
- 1x sold
- + learn more
condominium 
Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a 
 
 
 
on probation 
A licensee could be active in the real estate business if his/her license is 
 
 
 
Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has 
thirty days to place her license in escrow or find another broker 
 
 
 
Disciplinary actions that can be taken by the ...
-
2022 /23 PSC - Finance and Business Exam Notes
- Other • 26 pages • 2023
-
- $20.49
- 3x sold
- + learn more
QUESTION 1A – FSMA REGULATIONS 
No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). 
Need to ensure that the firm is not committing a criminal offence by carrying out a regulated activity 
without authority pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 
1. Are you in Business? 
a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. 
As the firm is providing a service for the client,...
-
Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
- Exam (elaborations) • 51 pages • 2023
-
Available in package deal
-
- $12.79
- 1x sold
- + learn more
Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
$6.50 for your textbook summary multiplied by 100 fellow students... Do the math: that's a lot of money! Don't be a thief of your own wallet and start uploading yours now. Discover all about earning on Stuvia