Morgage - Study guides, Class notes & Summaries

A building has 28,000 rentable square feet, 22,160 square feet of which are considered useable. What is this building's loss factor? - 20.9% A buyer is considering a house with abestos covering the water pipes, what should the buywe be most concerned about? - Abestos can contaiminate the house if removed improperly since airborne particles are dangerous A homeowner wants to net $140,000 on his house, if closing costs are $12,600 and he owes $44,500 on current morgage, and is pauing 6% comm...

Genius correct answers Genius Plagiarize correct answers Plagiarize Accommodate correct answers Accommodate Lightning correct answers Lightning Acquaintance correct answers Aquaintance Prairie correct answers Prairie Peaceable correct answers Peaceible Environment correct answers Enviroment Dining correct answers Dining Peculiar correct answers Peculiar Committee correct answers Committee Mortgage correct answers Morgage Correspondence correct answers Corespon...

Bookkeeping Class by Intuit Question and answer correctly solved 2024 Bookkeeping Class by Intuit, BUSINESS STUDIES, Bookkeeping, Chapter 15- Book Keeping, Bookkeeping, Bookkeeping Basics, Double Entry Bookkeeping Bookkeepers typically... - correct answer Record financial transactions, reconcile bank accounts, manage accounts receivable, manage accounts payable, work with tax preparers and assist with tax compliance, and generate financial statements. As a bookkeeper what would Honesty ...

The following contributed to the increase in foreclosure rates, except: A. Subprime lending B. Risky loan products with feature like negative amortization C. Demand from the secondary market D. Homeowners paying off mortgages early E. Using teaser rates to qualify more borrowers. - ANSWER D. Homeowners paying off mortgages early. Making Home Affordable was created in order: A. To make it easier for borrowers to understand loan terms, to require homeownership counseling for some mortgag...

Civil Service Spelling Exam 148 Questions with Verified Answers Genius - CORRECT ANSWER Genius Plagiarize - CORRECT ANSWER Plagiarize Accommodate - CORRECT ANSWER Accommodate Lightning - CORRECT ANSWER Lightning Acquaintance - CORRECT ANSWER Aquaintance Prairie - CORRECT ANSWER Prairie Peaceable - CORRECT ANSWER Peaceible Environment - CORRECT ANSWER Enviroment Dining - CORRECT ANSWER Dining Peculiar - CORRECT ANSWER Peculiar Committee - CORRECT ANSWER Committee ...

NMLS Safe Test Mortgage Licensing Practice Exam Questions With Verified Answers Which federal law requires that the Loan Estimate be provided to the borrower within three business days of the time of loan application is taken? - answerTILA What type of scam entails homeowners who are encouraged to refinance their property over and over until little or no equity remains? - answerLoan flipping or churning After a loan closing, funds are disbursed. When are the funds disbursed for an owner-o...

Which federal law requires that the Loan Estimate be provided to the borrower within three business days of the time of loan application is taken? - ANSWER-TILA What type of scam entails homeowners who are encouraged to refinance their property over and over until little or no equity remains? - ANSWER-Loan flipping or churning After a loan closing, funds are disbursed. When are the funds disbursed for an owneroccupied, residential refinance? - ANSWER-After 3 business-day rescission period W...

The following contributed to the increase in foreclosure rates, except: A. Subprime lending B. Risky loan products with feature like negative amortization C. Demand from the secondary market D. Homeowners paying off mortgages early E. Using teaser rates to qualify more borrowers. - ANSWER-D. Homeowners paying off mortgages early. Making Home Affordable was created in order: A. To make it easier for borrowers to understand loan terms, to require homeownership counseling for some mortgag...

The following contributed to the increase in foreclosure rates, except: A. Subprime lending B. Risky loan products with feature like negative amortization C. Demand from the secondary market D. Homeowners paying off mortgages early E. Using teaser rates to qualify more borrowers. - Answer- D. Homeowners paying off mortgages early. Making Home Affordable was created in order: A. To make it easier for borrowers to understand loan terms, to require homeownership counseling for some mortga...

Dodd-Frank Act (the Wall Street Reform and Consumer Protection Act) Combined TILA and RESPA into TRID Gross income multiplier Price divided by rent equals 2 A broker can offer a guaranteed buyback of a property after ___ yr pd of ownership 10 The borrower has __ days after receiving LE to respond to lender Release clause In blanket loan. Allows borrower to obtain partial releases of specific lots by making required lump sum parts Term Loan Loan with interest only at the end of...