8/25/25, 12:54 AM Champions School of Real Estate Finance COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!! Fla…
Champions School of Real Estate Finance
COMPLETE QUESTIONS AND ANSWERS |
ALREADY PASSED | 2025-2026LATEST!!
How many days according Three business days before the customer closes the loan.
to the Truth in Lending
disclosure when must the
buyer receive the Closing
Disclosure (CD) from the
lender?
_ _ was established in 1970 for Freddie Mac
the
purpose of purchasing
mortgages in the
Secondary Market.
A claim, lien, charge, or encumbrance
liability attached to and
binding real property is an
… 1/7
, 8/25/25, 12:54 AM Champions School of Real Estate Finance COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!! Fla…
The process of creating a Origination activities
new mortgage loan,
including all steps taken by
a lender to attract and
qualify a borrower are
_______________________ _
.
The process of evaluating Underwriting
a borrower's loan
application to determine
the risk involved for the
lender is
Which of the following National Origin
Federal Fair Housing
statues prohibit housing
discrimination
All residential mortgage Nationwide Mortgage Licensing System and Registry (NMLSR)
loan originators must
now be registered with
the __________________ _.
A young couple would Redlining under the Community Reinvestment Act (CRA)
like to buy a rundown
house, with a high credit
score, but the lender
refuses to sell in that
location. What is the lender
guilty of?
The _ prohibits Redlining. Community Reinvestment Act
The state of Texas plays a The Texas Department of Housing and Community Affairs
role in affordable housing (TDHCA)
through the __ _.
To participate in the Texas D. All of the above
Veterans Loan Board
Program a veteran can obtain
any of these loans:
A. VA
B. FHA
… 2/7
Champions School of Real Estate Finance
COMPLETE QUESTIONS AND ANSWERS |
ALREADY PASSED | 2025-2026LATEST!!
How many days according Three business days before the customer closes the loan.
to the Truth in Lending
disclosure when must the
buyer receive the Closing
Disclosure (CD) from the
lender?
_ _ was established in 1970 for Freddie Mac
the
purpose of purchasing
mortgages in the
Secondary Market.
A claim, lien, charge, or encumbrance
liability attached to and
binding real property is an
… 1/7
, 8/25/25, 12:54 AM Champions School of Real Estate Finance COMPLETE QUESTIONS AND ANSWERS | ALREADY PASSED | 2025 LATEST!! Fla…
The process of creating a Origination activities
new mortgage loan,
including all steps taken by
a lender to attract and
qualify a borrower are
_______________________ _
.
The process of evaluating Underwriting
a borrower's loan
application to determine
the risk involved for the
lender is
Which of the following National Origin
Federal Fair Housing
statues prohibit housing
discrimination
All residential mortgage Nationwide Mortgage Licensing System and Registry (NMLSR)
loan originators must
now be registered with
the __________________ _.
A young couple would Redlining under the Community Reinvestment Act (CRA)
like to buy a rundown
house, with a high credit
score, but the lender
refuses to sell in that
location. What is the lender
guilty of?
The _ prohibits Redlining. Community Reinvestment Act
The state of Texas plays a The Texas Department of Housing and Community Affairs
role in affordable housing (TDHCA)
through the __ _.
To participate in the Texas D. All of the above
Veterans Loan Board
Program a veteran can obtain
any of these loans:
A. VA
B. FHA
… 2/7
