HUD HOUSING COUNSELOR CERTIFICATION EXAM 2025 ACTUAL EXAM COMPREHENSIVE QUESTION
HUD VERIFIED
WITH DETAILED HousingANSWERS Counselor Certification
BEST Practice
REVISION MATERIAL / ALREADY GRADED A+ PASSED 10
ASSURED!!
Study online at https://quizlet.com/_6w57lz
1. What is the maximum percent of area median income 50%
allowable for a household to qualify for a Housing
Choice Voucher?
2. Which is the maximum recommended housing ratio 30%
for renting an apartment?
3. Eligibility requirements for down-payment assistance Income, home-buyer ed-
programs include which factors? ucation, purchase price
4. The client is considering an FHA mortgage. What is the 1.75%
upfront mortgage insurance premium (UFMIP) for an
FHA mortgage?
5. If the client was denied a mortgage loan and the Contact the Federal
lender told him to come back after his divorce had Trade Commission as the
been final for three years, what is the best advice lender's action might vio-
for the housing counselor to provide to the client to late the Equal Credit Op-
report a violation to ECOA? portunity Act
6. A question from a lender on the client's Medical His- Inappropriate
tory would be inappropriate or appropriate?
7. Who is responsible for educating home-buyers about Housing Counselor
their rights?
8. In order to minimize the impact on the client's credit A 30-day period
score, what is the maximum time frame within which
the client should apply for pre-approval from multiple
lenders?
9. What are the responsibilities of a home inspector? Examine mechanical sys-
tems, Evaluate the condi-
, HUD Housing Counselor Certification Practice
Study online at https://quizlet.com/_6w57lz
tion of a home, Identify
items to be repaired or re-
placed
10. Which is the best reason that a housing counselor To compare loan esti-
would suggest that a client speak to three to five dif- mates
ferent lenders?
11. Which is the best advice that a housing counselor can Review credit report at
give the client to protect against identity theft? least once per year
12. The client tells the lender that he is expecting a raise Provide a loan estimate
soon. Should the Lender provide a Loan Estimate (LE) without factoring in the
with, or without factoring the raise? raise
13. If this client obtains a mortgage of $100,000, typically, $3000 to $4000
how much should he expect to pay for closing costs?
14. Is Application Fee an upfront cost of clients who are Renting
considering renting or buying a property?
15. A client wants to customize his home with do-it-your- Home-ownership
self projects, this is an indication the client is best
aligned with which housing option; Home-ownership
or Renting?
16. The client's gross monthly income is $4167 and the $1,065
monthly debts are $435. What is the maximum mort- NOTE: The maximum
gage payment (rounded to the nearest dollar) for front-end ratio for a stan-
which this client would qualify using a standard con- dard conventional loan is
ventional loan? 28%, and the back-end ra-
tio is 36%. The front-end
ratio is calculated as 28%
, HUD Housing Counselor Certification Practice
Study online at https://quizlet.com/_6w57lz
of the client's monthly in-
come of $4,167, which is
$1,167. The back-end ra-
tio is calculated as 36% of
the
client's monthly income of
$4,167 minus the client's
monthly debt of $435,
which equals $1,065.
Therefore, the maximum
loan payment that the
client qualifies for is the
lower of the two numbers,
which is $1,065.
17. Which is the maximum debt-to-income ratio allowable 43%
for an FHA loan?
18. Which is the maximum debt-to-income ratio allowable 45%
for an FHA Energy Efficiency Mortgage loan?
19. The client's gross monthly income is $4167 and the 33%
monthly debts are $435. With a monthly mortgage
payment of $950, which is the client's debt-to-income
ratio (round to the nearest whole percent)?
20. The client's gross monthly income is $4167 and the $1,292
monthly debts are $435. If the client seeks an FHA
Energy Efficient Mortgage (EEM) loan, what is the
maximum housing payment for which he can qualify
(rounded to the nearest dollar)?
21.
, HUD Housing Counselor Certification Practice
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On which factor is a borrower's annual mortgage in- Current principal balance
surance premium (MIP) based?
NOTE: The annual mort-
gage insurance premium
(MIP) is based on the un-
paid principal balance of
the loan. The loan-to-val-
ue ratio is used to deter-
mine when private mort-
gage insurance (PMI) can
be dropped from the loan.
Credit scores do not affect
MIP but might affect PMI.
22. Which is the upfront mortgage insurance premium $2,030
(UFMIP) if the client purchases a home with an FHA
loan amount of $116,000?
23. The client only tracks bill payments. Which should the C- Track all income and ex-
housing counselor recommend to help the client be- penses
gin
planning for a home purchase?
A- Continue to track bill payments only
B- Track income only
C- Track all income and expenses
D- Track savings deposits and expenses
24. How should a client apply for the Housing Choice Contact the local Public
Voucher Program? Housing Authority
25. Which website provides information on programs to HUD.gov
assist home-buyers with down payment assistance?
HUD VERIFIED
WITH DETAILED HousingANSWERS Counselor Certification
BEST Practice
REVISION MATERIAL / ALREADY GRADED A+ PASSED 10
ASSURED!!
Study online at https://quizlet.com/_6w57lz
1. What is the maximum percent of area median income 50%
allowable for a household to qualify for a Housing
Choice Voucher?
2. Which is the maximum recommended housing ratio 30%
for renting an apartment?
3. Eligibility requirements for down-payment assistance Income, home-buyer ed-
programs include which factors? ucation, purchase price
4. The client is considering an FHA mortgage. What is the 1.75%
upfront mortgage insurance premium (UFMIP) for an
FHA mortgage?
5. If the client was denied a mortgage loan and the Contact the Federal
lender told him to come back after his divorce had Trade Commission as the
been final for three years, what is the best advice lender's action might vio-
for the housing counselor to provide to the client to late the Equal Credit Op-
report a violation to ECOA? portunity Act
6. A question from a lender on the client's Medical His- Inappropriate
tory would be inappropriate or appropriate?
7. Who is responsible for educating home-buyers about Housing Counselor
their rights?
8. In order to minimize the impact on the client's credit A 30-day period
score, what is the maximum time frame within which
the client should apply for pre-approval from multiple
lenders?
9. What are the responsibilities of a home inspector? Examine mechanical sys-
tems, Evaluate the condi-
, HUD Housing Counselor Certification Practice
Study online at https://quizlet.com/_6w57lz
tion of a home, Identify
items to be repaired or re-
placed
10. Which is the best reason that a housing counselor To compare loan esti-
would suggest that a client speak to three to five dif- mates
ferent lenders?
11. Which is the best advice that a housing counselor can Review credit report at
give the client to protect against identity theft? least once per year
12. The client tells the lender that he is expecting a raise Provide a loan estimate
soon. Should the Lender provide a Loan Estimate (LE) without factoring in the
with, or without factoring the raise? raise
13. If this client obtains a mortgage of $100,000, typically, $3000 to $4000
how much should he expect to pay for closing costs?
14. Is Application Fee an upfront cost of clients who are Renting
considering renting or buying a property?
15. A client wants to customize his home with do-it-your- Home-ownership
self projects, this is an indication the client is best
aligned with which housing option; Home-ownership
or Renting?
16. The client's gross monthly income is $4167 and the $1,065
monthly debts are $435. What is the maximum mort- NOTE: The maximum
gage payment (rounded to the nearest dollar) for front-end ratio for a stan-
which this client would qualify using a standard con- dard conventional loan is
ventional loan? 28%, and the back-end ra-
tio is 36%. The front-end
ratio is calculated as 28%
, HUD Housing Counselor Certification Practice
Study online at https://quizlet.com/_6w57lz
of the client's monthly in-
come of $4,167, which is
$1,167. The back-end ra-
tio is calculated as 36% of
the
client's monthly income of
$4,167 minus the client's
monthly debt of $435,
which equals $1,065.
Therefore, the maximum
loan payment that the
client qualifies for is the
lower of the two numbers,
which is $1,065.
17. Which is the maximum debt-to-income ratio allowable 43%
for an FHA loan?
18. Which is the maximum debt-to-income ratio allowable 45%
for an FHA Energy Efficiency Mortgage loan?
19. The client's gross monthly income is $4167 and the 33%
monthly debts are $435. With a monthly mortgage
payment of $950, which is the client's debt-to-income
ratio (round to the nearest whole percent)?
20. The client's gross monthly income is $4167 and the $1,292
monthly debts are $435. If the client seeks an FHA
Energy Efficient Mortgage (EEM) loan, what is the
maximum housing payment for which he can qualify
(rounded to the nearest dollar)?
21.
, HUD Housing Counselor Certification Practice
Study online at https://quizlet.com/_6w57lz
On which factor is a borrower's annual mortgage in- Current principal balance
surance premium (MIP) based?
NOTE: The annual mort-
gage insurance premium
(MIP) is based on the un-
paid principal balance of
the loan. The loan-to-val-
ue ratio is used to deter-
mine when private mort-
gage insurance (PMI) can
be dropped from the loan.
Credit scores do not affect
MIP but might affect PMI.
22. Which is the upfront mortgage insurance premium $2,030
(UFMIP) if the client purchases a home with an FHA
loan amount of $116,000?
23. The client only tracks bill payments. Which should the C- Track all income and ex-
housing counselor recommend to help the client be- penses
gin
planning for a home purchase?
A- Continue to track bill payments only
B- Track income only
C- Track all income and expenses
D- Track savings deposits and expenses
24. How should a client apply for the Housing Choice Contact the local Public
Voucher Program? Housing Authority
25. Which website provides information on programs to HUD.gov
assist home-buyers with down payment assistance?
