Exam (elaborations)
Housing Counselor Exam Prep Questions & Answers Already Passed!!
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Housing Counselor Exam Prep Questions & Answers Already Passed!! Default When no payments made after 60 to 90 days... 30 for FHA loans Front-End Ratio Equation Monthly housing expenses/gross monthly income Front-End Ratio maximums 28% or less - conventional loan 31% or less for FHA, 30% or less for rentals Back-End Ratio (Debt-to-Income) Equation total monthly debt expenses/gross monthly income Back-End Ratio Caps 36% for conventional loans and renters, 43% for FHA, 45% for Energy Efficiency Mortgage loan Four C's of Credit Character, Capacity, Capital, Collateral Monthly housing
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Institution
HUD
Course
HUD
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Written for
- Institution
- HUD
- Course
- HUD
Document information
- Uploaded on
- November 10, 2023
- Number of pages
- 8
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
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housing counselor exam prep questions answers al
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