Real estate finance exam - Study guides, Class notes & Summaries
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CHAMPIONS REAL ESTATE FINANCE EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS LATEST 2024-2025 VERSION ALREADY A GRADED HIGHLY RECOMMENDED BY EXPERTS | NEW AND REVISED
- Exam (elaborations) • 32 pages • 2024
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CHAMPIONS REAL ESTATE FINANCE 
EXAM ALL QUESTIONS AND CORRECT 
DETAILED ANSWERS LATEST 
VERSION ALREADY A GRADED HIGHLY 
RECOMMENDED BY EXPERTS | NEW 
AND REVISED
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Champions Real Estate Finance Exam (Latest 2024/ 2025 Update) 100% Correct Questions and Verified Answers| Grade A
- Exam (elaborations) • 29 pages • 2024
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Champions Real Estate Finance Exam (Latest 2024/ 2025 Update) 100% Correct Questions and Verified Answers| Grade A 
 
 
Q: All residential mortgage loan originators must register with 
 
 
Answer: 
NMLSR 
National Mortgage Licensing System & Registry 
 
 
 
Q: Who is responsible for affordable housing 
 
 
Answer: 
TDHCA 
Texas Department of Housing & Community Affairs 
 
 
 
Q: Who is applicable to all federally related mortgage loans 
 
 
Answer: 
RESPA 
Real Estate Settlement Procedure Act 
 ...
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CHAMPIONS REAL ESTATE FINANCE EXAM REAL EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST UPDATE (JUST RELEASED)
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CHAMPIONS REAL ESTATE FINANCE EXAM REAL EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST UPDATE (JUST RELEASED)
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CHAMPIONS REAL ESTATE FINANCE EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | VERIFIED ANSWERS | LATEST VERSION
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CHAMPIONS REAL ESTATE FINANCE EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | VERIFIED ANSWERS | LATEST VERSION
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Champions Real Estate Finance Exam Review (New 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| A Grade
- Exam (elaborations) • 52 pages • 2024
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Champions Real Estate Finance Exam 
Review (New 2024/ 2025 Update) Questions 
and Verified Answers| 100% Correct| A 
Grade 
 
QUESTION 
HUD 
established as a cabinent dept by Dept of Housing & Urban Development Act 
 
 
 
QUESTION 
 HUD was created in ____________________. 
 
 
Answer: 
1965 
 
 
 
QUESTION 
 FHA (Federal Housing Administration) 
 
 
Answer: 
provides mortgage insurance on loans made by approved lenders throughout U.S. 
 
 
 
QUESTION 
 Community Development Block (CDBG...
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CHAMPIONS REAL ESTATE FINANCE EXAM STUDY GUIDE | ALL EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST VERSION 2024
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CHAMPIONS REAL ESTATE FINANCE EXAM STUDY GUIDE | ALL EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST VERSION 2024
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Real Estate Finance I-CHAMPIONS Exam Questions with correct Answers
- Exam (elaborations) • 22 pages • 2024
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The minimum downpayment on a VA loan is: 
 
(a) 2% of the sales price 
 
(b) 0% of the sales price 
 
(c) 3.75% of the sales price 
 
(d) 1% of the sales price - ANSWER-B 
 
_________ is the process of creating a new mortgage loan. 
 
(a) Origination 
 
(b) Funding 
 
(c) Underwriting 
 
(d) Servicing 
 
* - ANSWER-A 
 
A veteran can have more than one VA loan: 
 
(a) If the prior VA loan was paid in full and the property disposed of 
 
(b) The prior VA loan was assumed by an eligible ...
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Champions Real Estate Finance Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| A Grade
- Exam (elaborations) • 32 pages • 2024
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Champions Real Estate Finance Exam (New 
2024/ 2025 Update) Questions and Verified 
Answers| 100% Correct| A Grade 
 
 
QUESTION 
 By FHA paying a claim to the lender in the event of a homeowner's default does this increase or 
reduce the risk? 
 
 
Answer: 
FHA will bear less risk and lower the risk 
 
 
 
QUESTION 
 This can be paid at closing or added to the loan at funding 
 
 
Answer: 
UFMIP 
Up Front Mortgage Insurance Premium 
 
 
 
QUESTION 
 What is the LTV of an FHA loan 
 
 
...
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Ohio Real Estate Exam test bank Questions with answers 2023
- Exam (elaborations) • 17 pages • 2023
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Ohio Real Estate Exam test bank Questions with answers 2023May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? 
CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect 
 
 
 
A listing agreement in which the agent may possibly be in competition with the client to see who can sell the house first is an exclusive 
CORRECT A...
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CHAMPIONS SCHOOL OF REAL ESTATE FINANCE EXAM LATEST 2024-2025 EXAM A AND B WITH PRACTICE EXAM COMPLETE 270 QUESTIONS AND DETAILED CORRECT ANSWERS ALREADY GRADED A+
- Exam (elaborations) • 39 pages • 2024
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CHAMPIONS SCHOOL OF REAL ESTATE FINANCE EXAM LATEST EXAM A AND B WITH PRACTICE EXAM COMPLETE 270 QUESTIONS AND DETAILED CORRECT ANSWERS ALREADY GRADED A+
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