HUD CERTIFICATION PREPARATION
SCRIPT 2026 COMPREHENSIVE Q&A
ALREADY PASSED
◉ Budgeting. Answer: Income, expenses, discretionary spending, and
savings goals.
◉ Credit Reports. Answer: Reading and understanding credit reports,
improving credit scores.
◉ Debt Management. Answer: Debt-to-income (DTI) ratios, strategies
for paying off debt, and financial tools like snowball/avalanche methods.
◉ Debt-to-Income (DTI) Ratio. Answer: A measure of an individual's
monthly debt payments in relation to their monthly gross income.
◉ Housing Affordability. Answer: Determining housing affordability by
spending no more than 30% of gross income.
◉ Cost Burden. Answer: When a household spends more than 30% of
its gross income on housing costs.
◉ Fair Housing Act. Answer: Legislation that protects against
discrimination based on race, color, religion, sex, disability, familial
status, or national origin.
, ◉ Discriminatory Practices. Answer: Common practices include
denying rental applications, steering buyers/renters to specific areas, or
imposing unfair terms.
◉ Affordable Housing Resources. Answer: Local and federal resources
for affordable housing, such as housing vouchers and public housing.
◉ Financial Health Assessment. Answer: Evaluating a client's cash
flow, spending habits, and credit.
◉ Credit Score Components. Answer: Factors that contribute to a credit
score, with some carrying more weight than others.
◉ Housing Programs. Answer: Programs designed to assist clients in
finding affordable housing options.
◉ Reporting Housing Discrimination. Answer: The process of assisting
clients in reporting violations of the Fair Housing Act.
◉ Housing Affordability Calculation. Answer: Determining if a
household is cost-burdened based on their income and housing expenses.
◉ Severe Cost Burden. Answer: When a household spends more than
50% of its gross income on housing costs.
SCRIPT 2026 COMPREHENSIVE Q&A
ALREADY PASSED
◉ Budgeting. Answer: Income, expenses, discretionary spending, and
savings goals.
◉ Credit Reports. Answer: Reading and understanding credit reports,
improving credit scores.
◉ Debt Management. Answer: Debt-to-income (DTI) ratios, strategies
for paying off debt, and financial tools like snowball/avalanche methods.
◉ Debt-to-Income (DTI) Ratio. Answer: A measure of an individual's
monthly debt payments in relation to their monthly gross income.
◉ Housing Affordability. Answer: Determining housing affordability by
spending no more than 30% of gross income.
◉ Cost Burden. Answer: When a household spends more than 30% of
its gross income on housing costs.
◉ Fair Housing Act. Answer: Legislation that protects against
discrimination based on race, color, religion, sex, disability, familial
status, or national origin.
, ◉ Discriminatory Practices. Answer: Common practices include
denying rental applications, steering buyers/renters to specific areas, or
imposing unfair terms.
◉ Affordable Housing Resources. Answer: Local and federal resources
for affordable housing, such as housing vouchers and public housing.
◉ Financial Health Assessment. Answer: Evaluating a client's cash
flow, spending habits, and credit.
◉ Credit Score Components. Answer: Factors that contribute to a credit
score, with some carrying more weight than others.
◉ Housing Programs. Answer: Programs designed to assist clients in
finding affordable housing options.
◉ Reporting Housing Discrimination. Answer: The process of assisting
clients in reporting violations of the Fair Housing Act.
◉ Housing Affordability Calculation. Answer: Determining if a
household is cost-burdened based on their income and housing expenses.
◉ Severe Cost Burden. Answer: When a household spends more than
50% of its gross income on housing costs.
