Hud test 1 stuvia Study guides, Class notes & Summaries

HUD Test 1 Questions and Answers (Graded A)HUD Test 1 Questions and Answers (Graded A)HUD Test 1 Questions and Answers (Graded A)HUD Test 1 Questions and Answers (Graded A)HUD Test 1 Questions and Answers (Graded A) Which document should the counselor review with the client to identify spending habits and track expenses? - ANSWER-Bank Statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWER-Net income Which item in the...

Which document should the counselor review with the client to identify spending habits and track expenses? - ANSWER Bank Statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWER Net income Which item in the client's budget is a fixed expense? - ANSWER Car lease payment What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER 50% Which is the max...

HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Questions and Answers (Graded A+)HUD Test 1 Quest...

1) A client would like to purchase a house 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 2) Six months ago a client left a job as a reporter to start a business in the retail industry. To prepare to buy a house, the client closed credit card accounts and has been using savings to pay down credit card debt and collections. ...

1) A client would like to purchase a house 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 2) Six months ago a client left a job as a reporter to start a business in the retail industry. To prepare to buy a house, the client closed credit card accounts and has been using savings to pay down credit card debt and collections. ...