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Xinnix SOAR Final Exam Questions and Answers 100% Pass
Xinnix SOAR Final Exam Questions and Answers 100% Pass FNMA and FHLMC are what type of loan? - Answer- conforming the main purpose of the Consumer financial protection bureau (CFPB) is to help consumers understand the terms of their agreements with financial companies - Answer- true conventional loans are not insured by the federal government - Answer- true Agency loans include FHA and VA loans - Answer- true the proceeds of a loan for cash out refinance may be used by the borrower to in...
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Xinnix SOAR Final Exam Questions and Answers 100% Pass FNMA and FHLMC are what type of loan? - Answer- conforming the main purpose of the Consumer financial protection bureau (CFPB) is to help consumers understand the terms of their agreements with financial companies - Answer- true conventional loans are not insured by the federal government - Answer- true Agency loans include FHA and VA loans - Answer- true the proceeds of a loan for cash out refinance may be used by the borrower to in...
Xinnix Quiz Questions with 100% Correct Answers
Xinnix Quiz Questions with 100% Correct Answers Ginnie Mae was wholly created to purchase government mortgages on the secondary market - Answer- false which of the following was not a reason The Federal Housing Administration (FHA) was created - Answer- to simplify mortgage forms match in order of creation - Answer- 1st-FNMA 2nd-GNMA 3rd-FHLMC match the following - Answer- FNMA-fannie mae FHLMC-Freddie Mac what allowed more conventional mortgages to be originated in the early 1970s wit...
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Xinnix Quiz Questions with 100% Correct Answers Ginnie Mae was wholly created to purchase government mortgages on the secondary market - Answer- false which of the following was not a reason The Federal Housing Administration (FHA) was created - Answer- to simplify mortgage forms match in order of creation - Answer- 1st-FNMA 2nd-GNMA 3rd-FHLMC match the following - Answer- FNMA-fannie mae FHLMC-Freddie Mac what allowed more conventional mortgages to be originated in the early 1970s wit...
Xinnix Exam Questions and Answers 100% Pass
Xinnix Exam Questions and Answers 100% Pass Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - Answer- True What is the maximum seller contribution allowed for a primary residence at 95% LTV? (FNMA/FHLMC) - Answer- 3% On an ARM, redisclosure of the Truth in Lending is required if the APR changes more than ____%? - Answer- .25 FHA loans have both a BASE Loan Amount and Total Loan Amount - Answer- True A borrower's brother would like to give her money to h...
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Xinnix Exam Questions and Answers 100% Pass Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - Answer- True What is the maximum seller contribution allowed for a primary residence at 95% LTV? (FNMA/FHLMC) - Answer- 3% On an ARM, redisclosure of the Truth in Lending is required if the APR changes more than ____%? - Answer- .25 FHA loans have both a BASE Loan Amount and Total Loan Amount - Answer- True A borrower's brother would like to give her money to h...
Xinnix SOAR Mock Exam Questions and Answers 100% Pass
Xinnix SOAR Mock Exam Questions and Answers 100% Pass A fixed-rate second mortgage has the loan amount fully disbursed at closing. Monthly payments are amortized over the term of the loan. Once the balance is paid off the mortgage is closed. - Answer- True A veteran may exchange a portion of their entitlement for cash. - Answer- False Judgments and tax liens are required to be paid off at or prior to loan closing. (FNMA/FHLMC) - Answer- True Gross rent may be considered effective income ...
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Xinnix SOAR Mock Exam Questions and Answers 100% Pass A fixed-rate second mortgage has the loan amount fully disbursed at closing. Monthly payments are amortized over the term of the loan. Once the balance is paid off the mortgage is closed. - Answer- True A veteran may exchange a portion of their entitlement for cash. - Answer- False Judgments and tax liens are required to be paid off at or prior to loan closing. (FNMA/FHLMC) - Answer- True Gross rent may be considered effective income ...
XINNIX FLIGHT SCHOOL EXAM QUESTIONS AND ANSWERS
XINNIX FLIGHT SCHOOL EXAM QUESTIONS AND ANSWERS The rate lock period for a refi, with a right of rescission, must be long enough to cover the rescission period. - Answer- True How long does a borrower have to wait to buy a home after they have had a foreclosure? FHA - Answer- 3 years What are the steps you should follow to determine the correct MI? - Answer- LTV, term, product type, occupancy type and coverage. Typically, files that have to be manually underwritten are subject to less st...
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XINNIX FLIGHT SCHOOL EXAM QUESTIONS AND ANSWERS The rate lock period for a refi, with a right of rescission, must be long enough to cover the rescission period. - Answer- True How long does a borrower have to wait to buy a home after they have had a foreclosure? FHA - Answer- 3 years What are the steps you should follow to determine the correct MI? - Answer- LTV, term, product type, occupancy type and coverage. Typically, files that have to be manually underwritten are subject to less st...
xinnix Mock Exam Questions and Answers 100% Pass
xinnix Mock Exam Questions and Answers 100% Pass Residual income is the amount of income available for family support after taxes and social security expense have been subtracted from the gross income and after PITI and other long-term debt has been paid. -Answer-Response: True Feedback: See Course 6, Lesson 1 FHA Case Numbers are tied to the property, not the borrower. -Answer-Response: True Feedback: See Course 5, Lesson 1 What is the minimum coverage required on the hazard insurance p...
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xinnix Mock Exam Questions and Answers 100% Pass Residual income is the amount of income available for family support after taxes and social security expense have been subtracted from the gross income and after PITI and other long-term debt has been paid. -Answer-Response: True Feedback: See Course 6, Lesson 1 FHA Case Numbers are tied to the property, not the borrower. -Answer-Response: True Feedback: See Course 5, Lesson 1 What is the minimum coverage required on the hazard insurance p...
XINNIX Mortage Basix Exam Questions and Answers 100% Pass
XINNIX Mortage Basix Exam Questions and Answers 100% Pass What does FNMA stand for? - Answer- Federal National Mortgage Association What does FHLMC stand for? - Answer- Federal Home Loan Mortgage Corporation What does AU stand for, and what is it? - Answer- Automated Underwriting, a computerized system that uses historical statistics to issue a decision of how to proceed with a loan request. The Purposes of Property acceptable for FNMA and FHLMC include: - Answer- Primary Residence, Seco...
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XINNIX Mortage Basix Exam Questions and Answers 100% Pass What does FNMA stand for? - Answer- Federal National Mortgage Association What does FHLMC stand for? - Answer- Federal Home Loan Mortgage Corporation What does AU stand for, and what is it? - Answer- Automated Underwriting, a computerized system that uses historical statistics to issue a decision of how to proceed with a loan request. The Purposes of Property acceptable for FNMA and FHLMC include: - Answer- Primary Residence, Seco...
Wwise Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
Wwise Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
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- Wwise 101 Cert Exam Questions and Answers 100% Correct • Examen
- Wwise Lesson 2 Exam Questions and Answers 100% Pass • Examen
- 2024 Spring Midterm Wwise section Questions and Answers 100% Pass • Examen
- Wwise Learning Exam Questions and Answers 100% Pass • Examen
- Wwise-101 Lesson 1 Quizzes with 100% Correct Answers • Examen
Wwise Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
Wwise 101 Certification Exam Questions and Answers 100% Pass
Wwise 101 Certification Exam Questions and Answers 100% Pass What button begins the process of populating the log in the Profiler? - Answer- Start Capture What is a Work Unit? - Answer- An XML file that stores settings of your Wwise project. T/F? The name of an Event object needs to perfectly match the name of its corresponding game call. - Answer- True In the SoundBank layout, what happens when the Generate button is clicked? - Answer- a. SoundBanks for all selected platforms and langua...
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Wwise 101 Certification Exam Questions and Answers 100% Pass What button begins the process of populating the log in the Profiler? - Answer- Start Capture What is a Work Unit? - Answer- An XML file that stores settings of your Wwise project. T/F? The name of an Event object needs to perfectly match the name of its corresponding game call. - Answer- True In the SoundBank layout, what happens when the Generate button is clicked? - Answer- a. SoundBanks for all selected platforms and langua...
WWISE 101 Revision Questions with Correct Answers | 100% Verified
WWISE 101 Revision Questions with Correct Answers | 100% Verified No object has been associated with the selected Event. - Answer- Why does the word [Missing] appear in red in this image? There isn't an audio source file associated with it? - Answer- What can you tell about the Shotgun Blast object (red)? Drag events to the soundbank and when the SoundBank is generated any audio files needed to play those events will automatically be copied to the appropriate folders. - Answer- How are ...
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WWISE 101 Revision Questions with Correct Answers | 100% Verified No object has been associated with the selected Event. - Answer- Why does the word [Missing] appear in red in this image? There isn't an audio source file associated with it? - Answer- What can you tell about the Shotgun Blast object (red)? Drag events to the soundbank and when the SoundBank is generated any audio files needed to play those events will automatically be copied to the appropriate folders. - Answer- How are ...
RIMS CRMP Exam Study Guide Common Terms Already Graded A+
RIMS-CRMP EXAM STUDY GUIDE WITH COMPLETE ANSWERS 2024
PHTLS Post test 9th edition Questions and Answers
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2024 WSC MASTER SET
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