Mock Exam Review Questions with complete solution 2023
Mock Exam Review Questions with complete solution 2023 (T or F): If a borrower tells you about a liability that is not listed on the credit report, it doesn't need to be included on the loan application. - correct answer False What is the maximum seller contribution allowed for a primary residence below 75% LTV? (FNMA/FHLMC) - correct answer 9% (T or F) DU does not consider non-occupant income as qualifying income - correct answer True (T or F) HOA dues are included in the PITI calculation. - correct answer False Using the following information, answer the following conventional financed MI loan question. Sales Price = $185,000 Down Payment = 10% Credit Score = 635 20-year Fixed
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- 2 augustus 2023
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- 7
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- 2023/2024
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mock exam review questions with complete solution
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t or f if a borrower tells you about a liabilit
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what is the maximum seller contribution allowed fo
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t or f du does not consider non occupant incom
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