Multiple Choice
A single woman applied for a FHA loan to buy a property she intends to use as a rental. Which if anything might cause her application to be denied?
A) There is no basis for denial for the application
B) She is single
C) She is a woman
D) She plans to use the property as a rental
Correct Answer:
Verified
Correct Answer:
Verified
Q27: Choose the most appropriate answer for each.<br>-an
Q28: A mortgage in which the lender collects
Q29: Choose the most appropriate answer for each.<br>-real
Q30: Under section 203(b), the FHA<br>A) insures lenders
Q31: A certificate of reasonable value is issued
Q33: Who normally pays the discount points when
Q34: Choose the most appropriate answer for each.<br>-balance
Q35: Usually, the borrower of a FHA loan
Q36: Using the rule of thumb, which states
Q37: Choose the most appropriate answer for each.<br>-a