Mortgages Study guides, Class notes & Summaries

Looking for the best study guides, study notes and summaries about Mortgages? On this page you'll find 3013 study documents about Mortgages.

Page 4 out of 3.013 results

Sort by

California: Real Estate Principles final exam
  • California: Real Estate Principles final exam

  • Exam (elaborations) • 23 pages • 2023
  • C. Net Listing - Answer- Which of the following listing agreements is illegal in most states? Open Listing Exclusive Agency Listing Net Listing Agency Coupled with Interest C. The Cal-Vet loan program requires that the veteran have served a minimum of 90 days' active duty; provide Statement of Service if on active duty (or an honorable discharge if he is no longer active); and be willing to buy a California home or farm. Barney would appear to qualify, based on the given information. - A...
    (0)
  • $12.99
  • 2x sold
  • + learn more
REE 4202- Exam 2 Sirmans Qs&As
  • REE 4202- Exam 2 Sirmans Qs&As

  • Exam (elaborations) • 11 pages • 2024
  • Available in package deal
  • REE 4202- Exam 2 Sirmans Qs&As Borrower Qualifications include: - ANS-1. determining maximum loan amount 2. estimating settlement requirements and costs 3. analyzing credit history 4. calculating effective income 5. estimating monthly housing expense 6. assessing ability to repay mortgages and other liabilities in a timely fashion Credit Scoring - ANS--used to assess the creditworthiness of a borrower -best known company FICO (Fair Isaac and Company) -cutoff score for Frannie and Fr...
    (0)
  • $12.99
  • 1x sold
  • + learn more
Champions Real Estate Finance graded A+ already passed 2023
  • Champions Real Estate Finance graded A+ already passed 2023

  • Exam (elaborations) • 20 pages • 2023
  • Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...
    (1)
  • $14.99
  • 2x sold
  • + learn more
Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions.
  • Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions.

  • Exam (elaborations) • 27 pages • 2024
  • Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions. Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? - False Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed - D Which of the following is NOT an improvement of land? A. Building B. ...
    (0)
  • $12.99
  • 1x sold
  • + learn more
Champions real estate finance Exam Questions with Verified Answers
  • Champions real estate finance Exam Questions with Verified Answers

  • Exam (elaborations) • 8 pages • 2023
  • mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...
    (0)
  • $12.49
  • 3x sold
  • + learn more
2022 /23 PSC - Finance and Business Exam Notes
  • 2022 /23 PSC - Finance and Business Exam Notes

  • Other • 26 pages • 2023
  • QUESTION 1A – FSMA REGULATIONS No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). Need to ensure that the firm is not committing a criminal offence by carrying out a regulated activity without authority pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 1. Are you in Business? a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. As the firm is providing a service for the client,...
    (0)
  • $20.49
  • 3x sold
  • + learn more
Reverse Mortgages Exam Questions and Answers 100% Pass
  • Reverse Mortgages Exam Questions and Answers 100% Pass

  • Exam (elaborations) • 4 pages • 2024
  • Reverse Mortgages Exam Questions and Answers 100% Pass Who are reverse mortgages popular products for and why? - Answer- Popular for older homeowners who have equity in their homes and little or no income. What do reverse mortgages allow people to do? - Answer- Allow older homeowners to use equity in their homes to meet expenses of living or to pay for home improvements Are borrowers required to repay a reverse mortgage? - Answer- They are not required to repay as long as they continue to...
    (0)
  • $10.49
  • + learn more
Gold Coast School Real Estate Questions  (Chapter1-19) 100% Accurate
  • Gold Coast School Real Estate Questions (Chapter1-19) 100% Accurate

  • Exam (elaborations) • 16 pages • 2023
  • Gold Coast School Real Estate Questions (Chapter1-19) 100% Accurate 1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in t...
    (0)
  • $11.49
  • 1x sold
  • + learn more
Reverse Mortgages Exam Questions and Answers 100% Pass
  • Reverse Mortgages Exam Questions and Answers 100% Pass

  • Exam (elaborations) • 4 pages • 2024
  • Reverse Mortgages Exam Questions and Answers 100% Pass Reverse Mortgages - Answer- A loan used by qualified homeowners age 62 or older, who have equity in their homes, but little to no income This loan allows the elderly to use the equity in their homes to meet the expenses of living, or tp help pay for home improvements T or F? Borrowers do not have to repay the loan as long as they continue to live in the house - Answer- TRUE What are the 3 types of Reverse Mortgages? - Answer- 1. Sing...
    (0)
  • $10.49
  • + learn more
RECA Fundamentals of Mortgage Brokerage 2023 Exam
  • RECA Fundamentals of Mortgage Brokerage 2023 Exam

  • Exam (elaborations) • 41 pages • 2023
  • Available in package deal
  • Which of the following is part of RECA's commitment to consumer protection? - AnswerWhat are some benefits that mortgage brokerage trade associations offer their members? - Answer- Licensing Standards for mortgage industry members Which entity has the authority to amend the Act? - Answer- Provincial Legislators Which of the following represents an accountability mechanism that RECA must comply with under the Act? - Answer- Previous Fiscal year In addition to mortgage brokerage trade associ...
    (1)
  • $12.99
  • 1x sold
  • + learn more