Mortgage loan origination - Study guides, Class notes & Summaries

Mortgage Loan Origination - Preschool’s - Final Exam With Latest Questions And Answers Mortgage Loan Origination - Preschool’s - Final Exam With Latest Questions And Answers

SAFE Mortgage Loan Originator Test - National Component with Uniform State Content

Mortgage Loan Origination Activities Questions And Answers 2023 Mortgage Loan Origination Activities Questions And Answers 2023

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

appraisal - value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - The percentage of value or sales price that a lender is willing to finance. limited appraisal report - exterior only/drive by inspection. deemed as low risk loan highest and best use of property - legal use that gives the greatest return Principal of Contribution - cost does not equal value Residential Mortgage Loan Originators (RMLO) - Must be certified licenc...

PREPXL - Mortgage Loan Origination Activities: Exam Questions and answers/ Which of the following would not be found on the promissory note? Interest rate Loan terms Borrower name Legal description - -Legal description The acronym CHARM refers to which of the following? A disclosure law requiring the APR to be disclosed on balloon programs A booklet which must be given to a borrower applying for an adjustable-rate loan A booklet describing the Loan Estimate A disclosure requirement...

NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent - Answer ️️ -special agent what...

The SAFE Mortgage Loan Originator National Exam Study Guide Practice Exam 2 | 100% Correct Answers | Verified | Latest 2024 Version

The SAFE Mortgage Loan Originator National Exam Study Guide practice exam 2 All Questions with Complete Solution

SAFE Mortgage Loan Originator Test - National Component With Uniform State Content Latest Updates