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Question 1 of 1

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89973

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A mortage broker also owns a title company, Is this business arrrangemet allowed by Repa?

Select the correct answer(s).

(0/0)

89974

120

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The minimun down payment contribution needed for a home with an FHA- appraised value of $132,ooo (assuming appropriate FICO score) is

Select the correct answer(s).

(0/0)

89975

120

none

As a mortgage broke puts together an ad to attract some new customer, what law should he be most concerned about?

Select the correct answer(s).

(0/0)

89976

120

none

Of thes loans, which whoulld require repoting nder the Home Mortgage Disclosure Act?

Select the correct answer(s).

(0/0)

89977

120

none

For a loan that has escrow included, RESPA requires a lender to perform an escrow analysis

Select the correct answer(s).

(0/0)

89978

120

none

A borrower elects to lower his settlement costs by paying a slightly higher interest rate. The appears on th GFE as a

Select the correct answer(s).

(0/0)

89979

120

none

A selleer agrees to pay two poinnts on a buyer's loan.The price is $60,000 and the buyer is making a 20% down payment . Two points equal

Select the correct answer(s).

(0/0)

89980

120

none

What two regulations require financial disclosures be provided to the applicant within three business days of a completed mortgage loan application?

Select the correct answer(s).

(0/0)

89981

120

none

According to the SAFE Act definitions, a non-traditional mortgage is?

Select the correct answer(s).

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89982

120

none

Which is NOT a purpose for the Mortgage Servicing Disclosure Statement?

Select the correct answer(s).

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89983

120

none

Identify which attribute is NOT considered illegal discrimination in granting credit under the Equal Credit Opportunity Act.

Select the correct answer(s).

(0/0)

89984

120

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What is the proper title of the SAFE Act?

Select the correct answer(s).

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89985

120

none

Which of these circumstances would NOT be an acceptable reason to provide a revised GFE to a borrower?

Select the correct answer(s).

(0/0)

89986

120

none

The Fair Cre9it Reportin Act is alson known as

Select the correct answer(s).

(0/0)

89987

120

none

A borrower’s stable monthly income is $6,800. Every month he pays: $485 car payment, $200 revolving credit payment, and $1,500 alimony. What is the maximum monthly mortgage payment for which he would qualify on an FHA mortgage loan?

loans

Question 1 of 1

Time Left

A mortage broker also owns a title company, Is this business arrrangemet allowed by Repa?

Select the correct answer(s).

(0/0)

The minimun down payment contribution needed for a home with an FHA- appraised value of $132,ooo (assuming appropriate FICO score) is

Select the correct answer(s).

(0/0)

As a mortgage broke puts together an ad to attract some new customer, what law should he be most concerned about?

Select the correct answer(s).

(0/0)

Of thes loans, which whoulld require repoting nder the Home Mortgage Disclosure Act?

Select the correct answer(s).

(0/0)

For a loan that has escrow included, RESPA requires a lender to perform an escrow analysis

Select the correct answer(s).

(0/0)

A borrower elects to lower his settlement costs by paying a slightly higher interest rate. The appears on th GFE as a

Select the correct answer(s).

(0/0)

A selleer agrees to pay two poinnts on a buyer's loan.The price is $60,000 and the buyer is making a 20% down payment . Two points equal

Select the correct answer(s).

(0/0)

What two regulations require financial disclosures be provided to the applicant within three business days of a completed mortgage loan application?

Select the correct answer(s).

(0/0)

According to the SAFE Act definitions, a non-traditional mortgage is?

Select the correct answer(s).

(0/0)

Which is NOT a purpose for the Mortgage Servicing Disclosure Statement?

Select the correct answer(s).

(0/0)

Identify which attribute is NOT considered illegal discrimination in granting credit under the Equal Credit Opportunity Act.

Select the correct answer(s).

(0/0)

What is the proper title of the SAFE Act?

Select the correct answer(s).

(0/0)

Which of these circumstances would NOT be an acceptable reason to provide a revised GFE to a borrower?

Select the correct answer(s).

(0/0)

The Fair Cre9it Reportin Act is alson known as

Select the correct answer(s).

(0/0)

A borrower’s stable monthly income is $6,800. Every month he pays: $485 car payment, $200 revolving credit payment, and $1,500 alimony. What is the maximum monthly mortgage payment for which he would qualify on an FHA mortgage loan?

Select the correct answer(s).

(0/0)

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