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Exam (elaborations)

MORTGAGE LOAN CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS 2025

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MORTGAGE LOAN CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS 2025

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Business Finance
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Institution
Business finance
Course
Business finance

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Uploaded on
November 11, 2024
Number of pages
4
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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  • mortgage loan chapter 4 questions with correct ans

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MORTGAGE LOAN CHAPTER 4
QUESTIONS WITH CORRECT ANSWERS
2025
CALVRSJ-JcorrectJanswer-



CalVetJloanJ-JcorrectJanswer-
RealJestateJloansJavailableJbyJtheJCaliforniaJdepartmentJofJveteranJaffairsJtoJarmedJforcesJveteransJatJlowJin
terestJrates.



CertificateJofJreasonableJvalueJ(CRV)J-JcorrectJanswer-
AJqualifiedJappraisalJreportJapprovedJbyJtheJDVA,JestablishingJmaximumJvalueJforJaJDVA-guaranteedJloan.



CHAFAJ-JcorrectJanswer-



CHDAPJ-JcorrectJanswer-



CaliforniaJHousingJFinanceJAgencyJ(CHFA)J-JcorrectJanswer-AssistsJlow-JandJmoderate-income,Jfirst-
timeJhome-buyersJinJobtainingJbelow-
averageJinterestJratesJfavoringJminority,women,JandJdisabledJveteranJborrowers.



ConditionalJcommitmentJ-JcorrectJanswer-



DD214J-JcorrectJanswer-
TheJDepartmentJofJVeteranJAffairsJformJDD214JisJtheJrequestJpertainingJtoJmilitaryJrecords,JDVAJstandardJf
ormJ180,JprintedJbyJGovernmentJPrintingJOffice,JwhichJisJnecessaryJtoJdetermineJanJindividual'sJrecordJofJ
militaryJservice.



DownJpaymentJassistanceJprogramsJ(DAPs)J-JcorrectJanswer-



DepartmentJofJveteranJaffairsJ(DVA)J-JcorrectJanswer-
isJunderJtheJdepartmentJofJHousingJandJurbanJdevelopment.JItJisJtheJagencyJthatJoverseesJVAJloans.
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