Tga Study guides, Class notes & Summaries

In complete TGA, the pulmonary artery arises from which structure? - ANSWER-Left ventricle The left atrial appendage is described as having what appearance? - ANSWER-Finger-like The ascending aorta and the MPA are derived embryologically from a spiral division of what structure? - ANSWER-Truncus arteriosis What heart defect is most commonly associated with trisomy 21? - ANSWER-AVSD slightly more common in females (isolated or with TOF) In CCTGA, the aorta arises from where? - ANS...

Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass On an FHA loan the upfront MIP should be included when calculating cash-to-close. False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) False A 3-Year ARM adjusts every 3 years True A Loan Officer can locate the summary of the eligibility requirements for a loan to be sold to a specific lender/investor in the lender specs. False A HELOC loan has an interest only payment ...

Which federal law requires that the Loan Estimate be provided to the borrower within three business days of the time of loan application is taken? - ANSWER-TILA What type of scam entails homeowners who are encouraged to refinance their property over and over until little or no equity remains? - ANSWER-Loan flipping or churning After a loan closing, funds are disbursed. When are the funds disbursed for an owneroccupied, residential refinance? - ANSWER-After 3 business-day rescission period W...

Fundamentals of Mortgage Brokerage 2024 Graded A+ Which of the following is part of RECA's commitment to consumer protection? What are some benefits that mortgage brokerage trade associations offer their members? Licensing Standards for mortgage industry members Which entity has the authority to amend the Act? Provincial Legislators Which of the following represents an accountability mechanism that RECA must comply with under the Act? Previous Fiscal year In addition to mor...

According to the Truth-in-Lending Act, a variation up to what amount is permitted for the annual percentage rate in a regular fixed-rate mortgage transaction as quoted in the Loan Estimate? 1% .5% .125% .25% - Answer-.125% The term "subordination" refers to: The process of releasing a lien The process of recording a lien The process of one lienholder accepting inferior lien priority in favor of another The process of researching a lien - Answer-The process of one lienholder accepting...

S.A.F.E Mortgage Loan Originator Exam 100% Correct GLBA Gramm-Leah-Bliley Act FTC Federal Trade Commission FCC Federal Communications Commission NPI Non-public Personal Information Consumer Individual who obtains financial services for personal use Customer Continuing relationship with a financial institute EBR Established Business Relationship FACTA Fair Credit Reporting Act (Original FCRA) FHA Fair Housing Act & Federal Housing Administration ECOA Equal Credit ...

Mortgage Professionals Canada Exam Latest Update Graded A+ Mortgage a legal method by which a borrower can pledge property to the lender as security for a debt Where does today's mortgage industry trace its origin from? England -power of royalty and lords diminished due to development of middle class -loans secured by the right of ownership of the land became common -Here, the seller of the land supplied the credit to the purchaser Where does the term "mortgage" originate from? French words...

SAFE Mortgage Loan Originator Test Latest Update Graded A+ Prequalification an estimate of the loan amt. for which the buyer can qualify based on his income/credit under the lenders standards USDA ratio 29/41 FHA ratio 31/43 Asset based loan -loans based on borrowers equity -bad when lenders fail to consider ability to repay High Cost Loan Reg Z - Sec. 1026.32 -APR will exceed by more than 6.5% for first lien loans or by more than 8.5% for subordinate -APOR - average prime ...

Mortgage loan originator Exam 2024...