Renter ratio - Study guides, Class notes & Summaries

Front end ratio (parts) Monthly Housing Expense / Gross Income Back End Ratio (parts) Monthly housing+debt (on credit report - car loan, credit cards & etc) / Gross Income Renter Ratio 30% / 36% Conventional Ratio 28% / 36% FHA (Federal Housing Administration) Ratio 31% / 43% EEM - Energy Efficent Mort 33% / 45% VA 41% (must include child care with other debts) MIP Mortgage Insurance Premium FHA MIP ANNUAL COST 0.80% TO 1.05% ...

ATI TEAS-V6 NEW FILE (ALL SECTIONS)QUESTIONS&ANSWERS| 2022 LATEST UPDATE   Section 1: Sec One (1-20) Details: Basic Algebra Practice Test QUESTION: 1 If Lynn can type a page in p minutes, what piece of the page can she do in 5 minutes? A. 5/p B. p - 5 C. p + 5 D. p/5 E. 1- p + 5 Answer: A QUESTION: 2 If Sally can paint a house in 4 hours, and John can paint the same house in 6 hour, how long will it take for both of them to paint the house together? A. ...

Admission/ENTRANCETest-ATI TEAS-V6 NEW FILE (All Sections) QUESTIONS&ANSWERS Section 1: Sec One (1-20) Details: Basic Algebra Practice Test QUESTION: 1 If Lynn can type a page in p minutes, what piece of the page can she do in 5 minutes? A. 5/p B. p - 5 C. p + 5 D. p/5 E. 1- p + 5 Answer: A QUESTION: 2 If Sally can paint a house in 4 hours, and John can paint the same house in 6 hour, how long will it take for both of them to paint the house together? A. 2 hours and 24 minute...

Section 1: Sec One (1-20) Details: Basic Algebra Practice Test QUESTION: 1 If Lynn can type a page in p minutes, what piece of the page can she do in 5 minutes? A. 5/p B. p - 5 C. p + 5 D. p/5 E. 1- p + 5 Answer: A QUESTION: 2 If Sally can paint a house in 4 hours, and John can paint the same house in 6 hour, how long will it take for both of them to paint the house together? A. 2 hours and 24 minutes B. 3 hours and 12 minutes C. 3 hours and 44 minutes D. 4 hours and 10...

MA Real Estate Exam Study Guide Already Graded A Appraisal An estimation of a property's value, usually prepared by a professional who is licensed in this field. Brokerage The business of bringing people together in a real estate transaction. Commerical The types of properties that include office spaces, shopping centers, stores, theaters, hotels, parking facilities, etc. Development The term for the construction of improvements upon the land. Elevation Certificate Insurance agents are requ...

NC Real Estate Exam Practice with Complete Solutions Real Property the land and everything that is permanently attached to the land or appurtenant (goes with) the land Personal Property/Personalty all property that is not real property; movable; personal property also referred to as chattels Test of Personal versus Real Property "IRMA" Intent Relationship Method of Attachment Adaptation Land Earth's surface extending downward to the center of earth and upward to infinity;includes all thing...

A credit card is issued to John and Maria Davis. This month, John charges $100 and Maria makes no charges. When the bill is received who is legally responsible for paying the $100 Both John and Maria A factor that can cause the price of a stock to DECREASE is the company lowering its expectations of future earnings. A good financial goal should be achievable in five years. A landlord never received the rent check sent by the renter two weeks ago. What is the first action the renter should ...

  Section 1: Sec One (1-20) Details: Basic Algebra Practice Test QUESTION: 1 If Lynn can type a page in p minutes, what piece of the page can she do in 5 minutes? A. 5/p B. p - 5 C. p + 5 D. p/5 E. 1- p + 5 Answer: A QUESTION: 2 If Sally can paint a house in 4 hours, and John can paint the same house in 6 hour, how long will it take for both of them to paint the house together? A. 2 hours and 24 minutes B. 3 hours and 12 minutes C. 3 hours and 44 minutes ...

NC Real Estate Exam Practice with all solutions complete Real Property Personal Property/Personalty Test of Personal versus Real Property Land Broker working with a prospective buyer as a listing agent owes which to the following to the prospective buyer? A. Honesty, fairness, and confidentiality C. Skill, care, diligence D. Disclosure of material facts, loyalty, accountability Which is the following is true about designated agency in North Carolina? B. A BIC can assign an...

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - ANSWER-Pay Stub A client would like to 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? - ANSWER-Find a second job A credit report may contain which information? - ANSWER-The number of accounts in collection st...