HUD Exam Questions And Answers Solution Package

HUD Certification Exam Deed Restrictions - Legally enforceable terms that govern the use of real estate Redlining - The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disabi...

HUD Exam Prep Questions And Answers % Impact of Account Payment History on Credit Score - 35% portion of credit score based on the payment history of accounts, including late payments, delinquencies, judgments, and liens % Impact of Amounts Owed on Accounts on Credit Score - 30% portion of ...

HUD Practice Test And Correct Answers Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household income as a way to sa...

HUD Housing Counselor Exam Adjustable Rate Mortgage (ARM) - Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease w...

HUD Exam – Tenancy Questions And Answers Jake has a session with a new client, Ruth, later that day. She has received notice that her apartment complex, which offers her project-based housing assistance, will be sold to a new management company in six months. The new company will renovate the b...

HUD Housing Counselor Certification Practice What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - 50% Which is the maximum recommended housing ratio for renting an apartment? - 30% Eligibility requirements for down-payment as...

HUD Exam - Fair Housing. Which describes the legally enforceable terms that govern the use of real estate? A. Residential security restrictions B. Deed restrictions C. Redlined Maps Government-sponsored deeds - B. Deed Restrictions -Deed restrictions are legally enforceable terms that govern...

HUD Exam- Homeownership Which factor is best for housing counselors to use when determining how much a client can afford to spend on purchasing a home? A. Debt to-income ratios B. Annual gross income C. Savings D. Options A, B, C E. None of the above - D. Options A, B, and C A person or ...