Arrearages - Study guides, Class notes & Summaries

CDFA Module 2 Exam Questions And Answers Asset most likely to be couple's most valuable? - ANS- Family Home Separate Property - ANS- Property a person brings into the marriage; inherits during the marriage; or receives as a gift during the marriage. Marital Property - ANS- Everything acquired during the marriage, regardless of which spouse owns the property (including the increase in value of property in some states). Key documents for collecting financial information - ANS- financial...

HUD Housing Counselor Exam Questions and Answers 100% Pass Adjustable Rate Mortgage (ARM) - Correct Answer ️️ -Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income - Correct Answer ️️ -Gross income minus adjustments, or reductions, that one is eligible for, such as...

Which of the following is not a likely basis for Constitutional rights to enjoy elements of family life? a.The First Amendment. b.The Third Amendment. c.The Fourth Amendment. d.The Fifth Amendment. e.The Fourteenth Amendment. b. The Third Amendment. Les Cash is behind on child support but wants to marry Wanda B. Bride. Can Les and Wanda marry in Texas before Les pays his past due support obligation? a.No, unless he has the obligee's permission. b.No, unless he has a judge's permi...

HUD Housing Counselor Exam Questions and Answers 100% CorrectHUD Housing Counselor Exam Questions and Answers 100% CorrectHUD Housing Counselor Exam Questions and Answers 100% Correct Adjustable Rate Mortgage (ARM) - ANSWER-Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Inc...

HUD Certification Mock Questions and Answer |100% Correct| UPDATED!!! Back end ratio *Ans* compares the total of all monthly PITI expenditures plus auto loans and other debts with gross monthly income Front-end ratio *Ans* compares the total annual PITI expenditures for housing with the loan applicant's gross annual income to assess the borrower's ability to pay the mortgage Default *Ans* failure to pay back a loan Arrearages *Ans* Amount of total past due mortgage payments Blockb...

Adjustable Rate Mortgage (ARM) - Answer Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income - Answer Gross income minus adjustments, or reductions, that one is eligible for, such as deductions for unreimbursed business expenses, tuition and fees, and contributions to ce...

Adjustable Rate Mortgage (ARM) - ANSWER Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income - ANSWER Gross income minus adjustments, or reductions, that one is eligible for, such as deductions for unreimbursed business expenses, tuition and fees, and contributions to certain ...

Hud Housing Counselor Final Exam Questions And Answers Latest 2024 Adjustable Rate Mortgage (ARM) - CORRECT ANSWER-Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income - CORRECT ANSWER-Gross income minus adjustments, or reductions, that one is eligible for, such as ded...

HUD Housing Counselor Exam Tested And Graded A+ Adjustable Rate Mortgage (ARM) ANS-Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income ANS-Gross income minus adjustments, or reductions, that one is eligible for, such as deductions for unreimbursed business expenses, tuition ...

Adjustable Rate Mortgage (ARM) Correct Answer Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income Correct Answer Gross income minus adjustments, or reductions, that one is eligible for, such as deductions for unreimbursed business expenses, tuition and fees, and contributions...