5/18/25, 7:18 AM Champions School of Real Estate Finance COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!! Flas…
Champions School of Real Estate Finance
COMPLETE QUESTIONS AND ANSWERS |
ALREADY PASSED | 2025 LATEST!!
Save
Terms in this set (73)
Seller's market When supply is low and demand is high
Buyer's market When supply is high and demand is low
The process of creating a Origination
new mortgage loan
The detailed process of Underwriting
evaluating a borrower's
loan application to
determine the risk
involved for the lender
When there is an excess of Monetary inflation
money supply in the
market
Which agency insures Federal Deposit Insurance Corporation
deposits in bank and thrift
institution for up to
$250,000?
https://quizlet.com/1045256324/champions-school-of-real-estate-finance-complete-questions-and-answers-already-passed-2025-latest-flash-cards/?new 1/9
, 5/18/25, 7:18 AM Champions School of Real Estate Finance COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!! Flas…
prohibit housing Federal Fair Housing
discrimination based on
sex, race, color, religion,
national origin, disabilities,
or familial status
All residential mortgage Nationwide Mortgage Licensing System and Registry
loan originators must now (NMLSR)
be registered with...
The practice of refusing to Redlining
provide financing in a
particular area because of
the location
What was the Community Law against bank to ensure that banks would serve
Reinvestment Act (CRA)? the needs of the community
The Texas Veteran's Loan Buyes loans from lender
Program
To participate in the Texas Veteran's Loan Program
program, the Veteran
obtains a FHA, VA, or
conventional loan from
participating lenders
Texas Veterans Land Loan Charges less in fees
(Texas Department of Housing and Community
What is TDHCA?
Affairs) Responsible for affordable housing.
The Housing Assistance Is a loan that is eligible for Veterans, military member
Program... and their spouses
The creditor must ensure 3 Business days
that the consumer
receives the Closing
Disclosure form at lease
________ days before the
consumer closes the loan
https://quizlet.com/1045256324/champions-school-of-real-estate-finance-complete-questions-and-answers-already-passed-2025-latest-flash-cards/?new 2/9
Champions School of Real Estate Finance
COMPLETE QUESTIONS AND ANSWERS |
ALREADY PASSED | 2025 LATEST!!
Save
Terms in this set (73)
Seller's market When supply is low and demand is high
Buyer's market When supply is high and demand is low
The process of creating a Origination
new mortgage loan
The detailed process of Underwriting
evaluating a borrower's
loan application to
determine the risk
involved for the lender
When there is an excess of Monetary inflation
money supply in the
market
Which agency insures Federal Deposit Insurance Corporation
deposits in bank and thrift
institution for up to
$250,000?
https://quizlet.com/1045256324/champions-school-of-real-estate-finance-complete-questions-and-answers-already-passed-2025-latest-flash-cards/?new 1/9
, 5/18/25, 7:18 AM Champions School of Real Estate Finance COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!! Flas…
prohibit housing Federal Fair Housing
discrimination based on
sex, race, color, religion,
national origin, disabilities,
or familial status
All residential mortgage Nationwide Mortgage Licensing System and Registry
loan originators must now (NMLSR)
be registered with...
The practice of refusing to Redlining
provide financing in a
particular area because of
the location
What was the Community Law against bank to ensure that banks would serve
Reinvestment Act (CRA)? the needs of the community
The Texas Veteran's Loan Buyes loans from lender
Program
To participate in the Texas Veteran's Loan Program
program, the Veteran
obtains a FHA, VA, or
conventional loan from
participating lenders
Texas Veterans Land Loan Charges less in fees
(Texas Department of Housing and Community
What is TDHCA?
Affairs) Responsible for affordable housing.
The Housing Assistance Is a loan that is eligible for Veterans, military member
Program... and their spouses
The creditor must ensure 3 Business days
that the consumer
receives the Closing
Disclosure form at lease
________ days before the
consumer closes the loan
https://quizlet.com/1045256324/champions-school-of-real-estate-finance-complete-questions-and-answers-already-passed-2025-latest-flash-cards/?new 2/9
