0 of 20 questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 20 questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Who is authorized to make VA loans in Georgia?
If loans do not meet Fannie Mae or Freddie Mac’s guidelines they are known as?
What is the nature of a conventional loan? Select all that apply.
Under the financing method _______, the seller carries a portion (or sometimes all) of the loan for the buyer.
What does PMI(Private mortgage insurance) purchased by a lender provide?:
Which of the following are government loan programs?
Which statement is correct about qualifying ratios?
Borrowing againts the equity of your own home is considered to be:
To figure out the PMI of a $220,000 house with a $28,600 down payment which loan is used?
A lender would say that ____________ is the process of getting new loans.
The type of loan that will most likely have the lowest loan-to-value ratio is best described as a(n):
A straight term loan is defined as:
How does someone know that they are “pre-qualified” for a loan?
Which short-term interim loan is used to finance the cost of constrution?
If an elder wants to use the equity of his/her home to stay in thier house, which loan would be used?:
Of the following, which best describes a loan that is not federally related?
A lender discloses whether or not they will finance a loan in which statement?:
______ can guarantee or insure government loans.
______ is used to describe the limitation of how much an ARM may adjust over a six month period, annual period, and over the life of the loan.