Hud practice exam - Study guides, Class notes & Summaries

HUD Practice Exam |Question and Answer| 100% Correct Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? *Ans* List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? *Ans* A cr...

HUD PRACTICE EXAM

(2023/2024) HUD Practice Exam Questions and Answers (Verified Answers)

HUD Practice Exam Question answers 100% correct 2024What act came about after the assassination of MLK? - correct answer The Civil Rights Act of 1968 A client does not receive a written monthly statement from the credit card company. Which credit law could this omission violate? - correct answer Fair Credit Billing Act In which situation would a client's responsibilities, recurring costs, and upfront costs be evaluated? - correct answer When weighing housing options A client work...

HUD Practice Exam Verified Answers Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? A credit report may contain w...

HUD Practice Exam Questions & Answers Already Graded To Pass!!

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Correct answer-List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Correct answer- A credit report may contain which informa...

What act came about after the assassination of MLK? - The Civil Rights Act of 1968 A client does not receive a written monthly statement from the credit card company. Which credit law could this omission violate? - Fair Credit Billing Act In which situation would a client's responsibilities, recurring costs, and upfront costs be evaluated? - When weighing housing options A client works 40 hours a week making $15 an hour. What is the highest monthly mortgage the client can afford based on ...

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Answer List of Assets Retirement plan statement Pay stub X Current lease A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Answer A credit report may contain which information? - Answer ...