Hud exam prep with 100 - Study guides, Class notes & Summaries

National Real Estate Exam Prep Questions and Answers (100% Pass) Unilateral Contract - Answer️️ -Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract - Answer️️ -Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal - Answer️️ -A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer - Answer️️ -Any 3rd p...

EPA Lead Risk Assessor Exam Study Guide with Complete Solutions HUD Guidelines - ANSWER-What Federal document serves as an overall guideline for performing inspections, risk assessments, and abatement activities? chelation therapy - ANSWER-A child may be treated for lead poisoning by using... Identify LBP hazards - ANSWER-The purpose of a lead risk assessment is to? Elevated Blood Level - ANSWER-What does EBL mean? Ingestion of lead dust - ANSWER-How does lead primarily enter children...

TFS Midterm Prep Exam With 100% Correct Answers The MSA G1 SCBA is a ________________ - answeropen-circuit, positive pressure SCBA Air cylinders and valve assembly should be tested - answerEvery 3-5 years MSA G1 SCBA COMPONENTS - answer- Air cylinders and valve assembly - G1 Pressure reducer with low pressure warning device - G1 regulator - G1 HEADS UP DISPLAY - G1 face piece - G1 control module - G1 speaker module - G1 power module - G1 battery module - G1 Harness and carrier assem...

EPA Lead Inspector Exam Prep Questions And Answers Lead-based paint (LBP) - ANS Any varnish, shallac, or coating that contains either- 1.0 mg/cm2 - 0.5 % by weight - 5000 ppm - Older instruments could not read accurately at 0.7, so the lead standard was updated to 1.0 Dust sample clearance values - ANS - Floors: 40 μg/ft2 > 10 μg/ft2 (10 μg/ft2 in NY) - Windows: 250 μg/ft2 > 100 μg/ft2 (50 μg/ft2 in NY) - Window wells (troughs): 400 μg/ft2 (100 μg/ft2 in NY) - Samples mu...

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - Pay stub 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? Find a second job Borrow from retirement fund Sell major assets ...

Impact of Account Payment History on Credit Score - Correct answer-35% portion of credit score based on the payment history of accounts, including late payments, delinquencies, judgments, and liens % Impact of Amounts Owed on Accounts on Credit Score - Correct answer-30% portion of score based on the ratio of total credit extended to the amount of credit owed % Impact of Length of Credit History on Credit Score - Correct answer-15% portion of score based don the overall length of credit hi...

HUD Exam Prep Questions and Answers 100% Pass Conventional Loan Front end 28% Back end 36% can go up to 45% to 50%(debt to income), backed by private lenders. AKA prime loans. Good credit, 20% down payment. May have interest only terms FHA Front end 31% Back end 43% Limited funds, bad credit, bankruptcy, high debt to income ratio. EEM (Energy) FHA Front end 33% Back end 45% VA 41% USDA Front End 29% Back End 41%, low-to-moderate income, must live rural area, no down payment, competitive rate...

HC Exam Prep With Questions And Answers 100% Verified character - answerLenders will review a borrower's credit history, employment history, and housing stability to determine the likeliness the borrower will repay their debts capacity - answerConsistency of employment and income, Adequacy of income to repay debt, Recurring debts, Frequency and type of wages, are all considered when examining borrowers ability to repay Capital - answerhow much money a borrower has saved to pay a deposit ...