Xinnix ground school Study guides, Class notes & Summaries

Xinnix Ground School Questions and answers latest update 2024

Xinnix Ground School Questions and Answers Already Graded A first-time homebuyer - Answer ️️ -Someone who has never owned a home Move-up homebuyer - Answer ️️ -Currently owns, or has previously owned a home and is looking to move up in price, location, size, etc. Relocation Homebuyer - Answer ️️ -Purchasing a new home in a different city or state due to job transfer or personal desire Affluent homebuyer - Answer ️️ -Well seasoned in home buying process. Knowledgeable, fin...

Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. False YTD paystubs will be requires from a borrower that is self-employed (schedule C) False A borrower requesting a jumbo loan will qualify for an agency loan False Trailing spouse income can be used for qualifying purposes. False The following are types of renovation mortgages FNMA Homestyle and FHA 203...

XINNIX GROUND SCHOOL EXAM QUESTIONS AND ANSWERS XINNIX GROUND SCHOOL EXAM QUESTIONS AND ANSWERS

Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. - ANSWER-False YTD paystubs will be requires from a borrower that is self-employed (schedule C) - ANSWER-False

XINNIX GROUND SCHOOL FINAL EXAM LATEST ALL 100 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) LATEST UPDATES | ALREADY GRADED A+ (NEW!!)

Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass On an FHA loan the upfront MIP should be included when calculating cash-to-close. - Answer ️️ -False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) - Answer ️️ -False A 3-Year ARM adjusts every 3 years - Answer ️️ -True A Loan Officer can locate the summary of the eligibility requirements for a loan to be sold to a specific lender/investor in the lender ...

Xinnix Ground School Graded A+ QUESTIONS $ANSWERS 2023. Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. False YTD paystubs will be requires from a borrower that is self-employed (schedule C) False

Xinnix Ground School/ XINNIX GROUND SCHOOL (ACTUAL) LATEST 2024

Xinnix Ground School questions and answers well illustrated. Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. - correct answers.False YTD paystubs will be requires from a borrower that is self-employed (schedule C) - correct answers.False A borrower requesting a jumbo loan will qualify for an agency loan - correct answers.False Trailin...