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Real Estate Finance I-CHAMPIONS COMPLETE QUESTIONS AND MULTIPLE ANSWERS | ALREADY PASSED | 2025 LATEST!!

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Exam (elaborations)

Real Estate Finance I-Champions Complete Questions And Multiple Answers | Already Passed | 2025 Latest!!

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29 pages

2024/2025

Institution Real Estate Finance I

Course Real Estate Finance I

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Real Estate Finance I-CHAMPIONS COMPLETE QUESTIONS AND MULTIPLE ANSWERS | ALREADY PASSED | 2025 LATEST!!

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5/20/25, 8:17 AM Real Estate Finance I-CHAMPIONS COMPLETE QUESTIONS AND MULTIPLE ANSWERS | ALREADY PASSED | 2025 LATEST!! …

Real Estate Finance I-CHAMPIONS COMPLETE
QUESTIONS AND MULTIPLE ANSWERS |
ALREADY PASSED | 2025 LATEST!!

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Terms in this set (68)

The minimum B
downpayment on a VA
loan is:

(a) 2% of the sales price

(b) 0% of the sales price

(c) 3.75% of the sales price

(d) 1% of the sales price

https://quizlet.com/1046115617/real-estate-finance-i-champions-complete-questions-and-multiple-answers-already-passed-2025-latest-flash-cards/ 1/29

,5/20/25, 8:17 AM Real Estate Finance I-CHAMPIONS COMPLETE QUESTIONS AND MULTIPLE ANSWERS | ALREADY PASSED | 2025 LATEST!! …

_________ is the process of A
creating a new mortgage
loan.

(a) Origination

(b) Funding

(c) Underwriting

(d) Servicing

*

A veteran can have more C
than one VA loan:

(a) If the prior VA loan was
paid in full and the
property disposed of

(b) The prior VA loan was
assumed by an eligible
veteran who substituted
their entitlement

(c) A or B

(d) Under no
circumstances - a VA loan
is a "once in a lifetime"
benefit

*

https://quizlet.com/1046115617/real-estate-finance-i-champions-complete-questions-and-multiple-answers-already-passed-2025-latest-flash-cards/ 2/29

, 5/20/25, 8:17 AM Real Estate Finance I-CHAMPIONS COMPLETE QUESTIONS AND MULTIPLE ANSWERS | ALREADY PASSED | 2025 LATEST!! …

_________ are not-for-profit B
organizations that exist to
serve their members.

(a) Mortgage companies

(b) Credit unions

(c) Insurance companies

(d) One that cannot be
financed

A qualifying ratio that C
compares the borrower's
proposed house payment
to their gross monthly
income is the __________.

(a) Back ratio

(b) Appraisal ratio

(c) Front ratio

(d) Loan to value ratio

https://quizlet.com/1046115617/real-estate-finance-i-champions-complete-questions-and-multiple-answers-already-passed-2025-latest-flash-cards/ 3/29

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Uploaded on: May 20, 2025
Number of pages: 29
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Questions & answers

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