Multiple Choice
12-26.The following is NOT included in borrower qualification for conventional,FFIA,and VA loans:
A) stability of income
B) union membership dues
C) credit card debt obligations
D) living expenses
Correct Answer:
Verified
Correct Answer:
Verified
Q31: 12-23.The most significant job classification relating to
Q32: 12-30.Due to efficiencies of the secondary mortgage
Q33: Deficiency judgments are often hard to obtain
Q34: 12-24.The following influence a homeowner with negative
Q35: 12-14.Borrower qualifications are mostly the concern of
Q37: A promissory note should be:<br>A) sold without
Q38: A homeowner with negative equity in his
Q39: 12-12.An appraiser will not generally deal with:<br>A)
Q40: 12-27.The Anderson family has three children,$750 in
Q41: 12-28.Under VA guidelines,if a borrower fails the