Va business exam - Study guides, Class notes & Summaries

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

VA BUSINESS' EXAM PRACTICE

VA Business' Exam Practice Correct answers latest update

CPIA Exam Study Questions With 100% Correct Verified Answers (GRADED A+) To protect yourself from potentially severe penalties, you should discuss and fully disclose potential outside payment and royalty opportunities with whom? a) Legal counsel representing a company that will be paying you royalties. b) Your personal lawyer. c) A banker or credit union official. d) An agency ethics official. - ANSWER-d) An agency ethics official. Source: AALAS Learning Library Regulatory and ...

VA Business' Exam Practice Questions and Answers 2023 A designated employee should be? a) any full time worker b) At least 18 years old, full time employee, has passed required examination c) at least 18 years old and 5 years experienced for Class A d) the owner - ANS ️️ b) At least 18 years old, full time employee, has passed required examination A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible when the contract...

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

VA Business' Exam Practice Questions and Answers 2023

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 ...

VA Business' Exam Practice with collect answers