Exam (elaborations)
NMLS QUESTIONS AND ANSWERS ALREADY PASSED
- Course
- NMLS ALREADY PASSED
- Institution
- California State University - Bakersfield
Qualified mortgages do not include risky features. What are they? Permanent There are four categories of Qualified Mortgages. The following is not included. No negative amortization, No interest only, no loan terms over 30 years and a limit on points and fees charged. The DTI limit for a general...
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