Bridge loan - Study guides, Class notes & Summaries

Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. Real Estate 87 Economics Question 1 . Compared to a 30-year loan, a 15-year loan usually has: B. a lower interest rate and a larger monthly payment Question 2 What federal law requires lenders to disclose information that would help detect instances of redlining? C. Home Mortgage Disclosure Act Question 3 Which of these types of income is least likely to be counted as part of a loan applicant...

MLO - Study Material Questions and Answers | Latest Update | 2024/2025 | Already Passed "Application" defined by RESPA is? The submission of a borrowers information in anticipation of a credit decision. "Higher-priced loans" are defined by which law. TILA A "jumbo" loan is also known as a(n) nonconforming loan - A jumbo loan is also known as a nonconforming loan. A borrower closed a loan last week with ABC Mortgage Company. Her name is on the National Do Not Call Registr...

Real Estate U Test Which of the following leasehold estates is open-ended, as it does not have a termination date? - CORRECT ANSWER Estate at will Which of the following types of easements is obtained by a squatter who uses another's property without the owner's permission - CORRECT ANSWER Easement by prescription In order to obtain an easement by prescription, for how many years must the property by used by the dominant tenement - CORRECT ANSWER 10 years Which of the follo...

California: Real Estate Principles final exam with Complete Solutions Which of the following listing agreements is illegal in most states? Open Listing Exclusive Agency Listing Net Listing Agency Coupled with Interest - -C. Net Listing Barney Dinesh has served two years of active duty for the United States Army in the Middle East. He is still on active duty, though he is now stationed stateside in California. He and his new wife, Alma, have found a home they both love, and their agent t...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

SC PSI Real Estate Exam Prep Questions and Answers Which of the following describes the term appreciation? - Correct Answer ️️ -An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: - Correct Answer ️️ -An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: - Correct Answer ️️ -Balloon mortgage The following reason accounts for why b...

California: Real Estate Principles Final Exam 2023 C. Net Listing Answer: Which of the following listing agreements is illegal in most states? Open Listing Exclusive Agency Listing Net Listing Agency Coupled with Interest C. The Cal-Vet loan program requires that the veteran have served a minimum of 90 days' active duty; provide Statement of Service if on active duty (or an honorable discharge if he is no longer active); and be willing to buy a California home or farm. Barney would ap...

NMLS PRACTICE TEST EXAM PROFIENCY HARD QUESTIONS 2022- 2024 / NATIONWIDE MORTGAGE LICENSING SYSTEM PRACTICE TEST HARD QUESTIONS WITH CORRECT ANSWERS|53% AND ABOVE PASSRATE GUARANTEE MUST NOT MISS  FEDERAL MORTGAGE RELATED LAW  UNIFORM STATE CONTENT  GENERAL MORTGAGE LAW  MORTGAGE LOAN ORIGINATION  ETHICS An annual escrow analysis is used to do which of the following? A. Ensure the loan is properly amortized B. Prevent escrow overages C. Reduce burden on the servi...

2024 Newest| course 4 Humber real estate | UPDATE|COMPREHENSIVE FREQUENTLY MOST TESTED QUESTIONS AND VERIFIED ANSWERS|GET IT 100% ACCURATE NOI - ANSWER-Net Operating Income - gross operating income less total operating expenses Gross operating income - ANSWER-Revenue from all sources less vacancy and credit losses Investor - ANSWER-Analyzes property based on anticipated return of invested funds User - ANSWER-Looking for a property to occupy for a specific economic purpose Recapture - AN...

PREP XL Exam Review Questions and answers, rated A+ This term refers to the practice of adjusting certain types of non-taxable income during underwriting. A.Flopping B.Inflating C.Ballparking D.Grossing up - -grossing up (Certain types of income may be grossed-up during underwriting. Underwriters may gross-up Social Security income, child support, and some other forms of income, subject to limitations based on product type and other guidelines) Which of the following is true when a mo...