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Exam (elaborations)
FREDDIE MAC - CREDIT SMART EXAM QUESTIONS 2026|GUARANTEED ACCURATE ANSWERS
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---22November 20252025/2026A+
- FREDDIE MAC - CREDIT SMART EXAM QUESTIONS 2026|GUARANTEED ACCURATE ANSWERS 
 
The percentage of your gross monthly income that goes toward paying for your housing expenses is called the "housing expense ratio" and is based on the total housing payment, 
which includes:	Principal, interest, property taxes, homeowner's insurance, 
mortgage insurance, homeowner's or condo association fees
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$15.99 More Info
GRADEUNITS
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Exam (elaborations)
Freddie Mac - Credit Smart Test Questions and Answers Rated A
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---7November 20252025/2026A+
- The percentage of your gross monthly income 
that goes toward paying for your housing 
expenses is called the "housing expense ratio" 
and is based on the total housing payment, 
which includes: - ANSWER -Principal, 
interest, property taxes, homeowner's insurance, 
mortgage insurance, homeowner's or condo 
association fees 
Lenders don't include your future housing 
payment in your d
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$13.99 More Info
MERCYTRISHIA
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Exam (elaborations)
Freddie Mac Credit Smart® Study Guide (2025/2026 Syllabus) Module 1: Getting Started - The Path to Homeownership
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---14August 20252025/2026A+
- Freddie Mac Credit Smart® Study Guide (2025/2026 Syllabus) 
Module 1: Getting Started - The Path to Homeownership 
1. What is the primary mission of Freddie Mac? 
ANSWER Freddie Mac's mission is to make homeownership possible for more 
families by providing liquidity, stability, and affordability to the U.S. housing market. It 
does this by purchasing mortgages from lenders, which provides those lenders with 
money to make more loans. 
2. What does it mean that Freddie Mac is a "governme...
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$14.29 More Info
SmartscoreAaron
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Exam (elaborations)
Freddie Mac - Credit Smart 2025/2026 Exam Questions with 100% Correct Answers | Latest Update
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---17June 20252024/2025A+
- Freddie Mac - Credit Smart 2025/2026 
Exam Questions with 100% Correct 
Answers | Latest Update 
The percentage of your gross monthly income that goes toward paying for 
your housing expenses is called the "housing expense ratio" and is based 
on the total housing payment, which includes: -
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$12.99 More Info
PROFFKERRYMARTIN
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Exam (elaborations)
Freddie Mac - Credit Smart Exam Questions and Answers Already Passed
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---7May 20252024/2025A+
- Freddie Mac - Credit Smart Exam Questions and Answers Already Passed 
The percentage of your gross monthly income that goes toward paying for your housing expenses is called the "housing expense ratio" and is based on the total housing payment, which includes: - Answers Principal, interest, property taxes, homeowner's insurance, mortgage insurance, homeowner's or condo association fees 
Lenders don't include your future housing payment in your debt-to-income ratio, only all other...
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$11.49 More Info
TutorJosh