HUD Test 1 2023-solved HUD Housing Counselor Module 4.1 & 4.2 Exam Questions & HUD Housing Exam Questions & Answers 2023/2024 Answers 2023/2024 HUD Exam-Topic 1 Questions & Answers 2023/2024 HUD Practice test exam questions HUD Practice test exam questions & answers 2023/2024& answers 2023/2024 HUD...
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HUD Housing Exam Questions & Answers 2023/2024 Which document should the counselor review with the client to identify spending habits and track expenses: - ANSWER-Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWE...
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Add to cartHUD Housing Exam Questions & Answers 2023/2024 Which document should the counselor review with the client to identify spending habits and track expenses: - ANSWER-Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWE...
HUD Practice Test and Correct Answers 2023/2024 Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - ANSWER-Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household inco...
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Add to cartHUD Practice Test and Correct Answers 2023/2024 Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - ANSWER-Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household inco...
HUD Certification Exam Questions & Answers 2023/2024 Deed Restrictions - ANSWER-Legally enforceable terms that govern the use of real estate Redlining - ANSWER-The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, c...
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Add to cartHUD Certification Exam Questions & Answers 2023/2024 Deed Restrictions - ANSWER-Legally enforceable terms that govern the use of real estate Redlining - ANSWER-The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, c...
HUD Housing Counseling Exam Questions & Answers 2023/2024 Rental Obstacle + Solutions: Low Income - ANSWER--Some Renters reject people whose Rent would be more than 30% of GMI -Solutions -Apply for Housing Assistance -Expand housing search areas -Get a roommate -Move in w/family or friends ...
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Add to cartHUD Housing Counseling Exam Questions & Answers 2023/2024 Rental Obstacle + Solutions: Low Income - ANSWER--Some Renters reject people whose Rent would be more than 30% of GMI -Solutions -Apply for Housing Assistance -Expand housing search areas -Get a roommate -Move in w/family or friends ...
HUD Housing Counseling Exam Questions & Answers 2023/2024 Which document should the counselor review with the client to identify spending habits and track expenses? A. Credit report B. Pay stubs C. Bank Statement D. Tax returns - ANSWER-Bank Statement Which additional information would t...
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Add to cartHUD Housing Counseling Exam Questions & Answers 2023/2024 Which document should the counselor review with the client to identify spending habits and track expenses? A. Credit report B. Pay stubs C. Bank Statement D. Tax returns - ANSWER-Bank Statement Which additional information would t...
Housing Counselor Exam Prep Questions & Answers 2023/2024 Default - ANSWER-When no payments made after 60 to 90 days... 30 for FHA loans Front-End Ratio Equation - ANSWER-Monthly housing expenses/gross monthly income Front-End Ratio maximums - ANSWER-28% or less - conventional loan 31% or ...
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Add to cartHousing Counselor Exam Prep Questions & Answers 2023/2024 Default - ANSWER-When no payments made after 60 to 90 days... 30 for FHA loans Front-End Ratio Equation - ANSWER-Monthly housing expenses/gross monthly income Front-End Ratio maximums - ANSWER-28% or less - conventional loan 31% or ...
HUD Housing Counseling Exam Questions & Answers 2023/2024 Civil Rights Act of 1866 - ANSWER-Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) Fair Housing Act of 1968 - ANSWER-banned discrimination in the rental or sale of housing (Race, color, re...
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Add to cartHUD Housing Counseling Exam Questions & Answers 2023/2024 Civil Rights Act of 1866 - ANSWER-Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) Fair Housing Act of 1968 - ANSWER-banned discrimination in the rental or sale of housing (Race, color, re...
HUD Housing Counselor Certification Practice Exam Questions & Answers 2023/2024 What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER-50% Which is the maximum recommended housing ratio for renting an apartment? - ANSWER-30...
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Add to cartHUD Housing Counselor Certification Practice Exam Questions & Answers 2023/2024 What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER-50% Which is the maximum recommended housing ratio for renting an apartment? - ANSWER-30...
HUD Housing Counselor Exam Questions & Answers 2023/2024 Adjustable Rate Mortgage (ARM) - ANSWER-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. Inte...
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Add to cartHUD Housing Counselor Exam Questions & Answers 2023/2024 Adjustable Rate Mortgage (ARM) - ANSWER-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. Inte...
HUD Practice Exam Questions & Answers 2023/2024 What act came about after the assassination of MLK? - ANSWER-The Civil Rights Act of 1968 A client does not receive a written monthly statement from the credit card company. Which credit law could this omission violate? - ANSWER-Fair Credit Billi...
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Add to cartHUD Practice Exam Questions & Answers 2023/2024 What act came about after the assassination of MLK? - ANSWER-The Civil Rights Act of 1968 A client does not receive a written monthly statement from the credit card company. Which credit law could this omission violate? - ANSWER-Fair Credit Billi...
HUD Housing Counselor Module 2.1 & 2.2 Exam Questions Answers 2023/2024 What is the purpose of the Veterans Affairs Supportive Housing (VASH) program? - To end veteran homelessness - To provide rental vouchers for most veterans - To offer veterans the same benefits as the Housing Choice ...
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Add to cartHUD Housing Counselor Module 2.1 & 2.2 Exam Questions Answers 2023/2024 What is the purpose of the Veterans Affairs Supportive Housing (VASH) program? - To end veteran homelessness - To provide rental vouchers for most veterans - To offer veterans the same benefits as the Housing Choice ...
HUD Certification Exam Questions & Answers 2023/2024 Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - ANSWER-Pay stub A client would like purchase a ...
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Add to cartHUD Certification Exam Questions & Answers 2023/2024 Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - ANSWER-Pay stub A client would like purchase a ...
HUD Exam Prep Questions & Answers 2023/2024 % Impact of Account Payment History on Credit Score - ANSWER-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 - AN...
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Add to cartHUD Exam Prep Questions & Answers 2023/2024 % Impact of Account Payment History on Credit Score - ANSWER-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 - AN...
HUD Housing Counselor Prep Exam Questions & Answers What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER-50 % Maximum housing ratio to rent an apartment - ANSWER-30 % Eligibility requirements for downpayment assistance...
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Add to cartHUD Housing Counselor Prep Exam Questions & Answers What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER-50 % Maximum housing ratio to rent an apartment - ANSWER-30 % Eligibility requirements for downpayment assistance...
HUD HC Module 3 - Fair Housing Exam Questions & Answers 2023/2024 Which describes the legally enforceable terms that govern the use of real estate? - Residential security restrictions - Deed restrictions - Redlined Maps - Government-sponsored deeds - ANSWER-Deed Restrictions Which is th...
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Add to cartHUD HC Module 3 - Fair Housing Exam Questions & Answers 2023/2024 Which describes the legally enforceable terms that govern the use of real estate? - Residential security restrictions - Deed restrictions - Redlined Maps - Government-sponsored deeds - ANSWER-Deed Restrictions Which is th...
HUD Exam - Avoiding Foreclosure Questions & Answers 2023/2024 The following contributed to the increase in foreclosure rates, except: A. Subprime lending B. Risky loan products with feature like negative amortization C. Demand from the secondary market D. Homeowners paying off mortgages earl...
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Add to cartHUD Exam - Avoiding Foreclosure Questions & Answers 2023/2024 The following contributed to the increase in foreclosure rates, except: A. Subprime lending B. Risky loan products with feature like negative amortization C. Demand from the secondary market D. Homeowners paying off mortgages earl...
HUD Exam- Homeownership Question & Answers 2023/2024 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 - ANSWER-D....
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Add to cartHUD Exam- Homeownership Question & Answers 2023/2024 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 - ANSWER-D....
HUD Practice test exam questions & answers 2023/2024 1) A client would like to purchase a house within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - ANSWER-...
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Add to cartHUD Practice test exam questions & answers 2023/2024 1) A client would like to purchase a house within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - ANSWER-...
HUD Exam-Topic 1 Questions & Answers 2023/2024 All of the following would help a counselor develop a realistic household budget, except: A. Payment information for a paid-off car B. Amount spent on groceries C. Rent payment information D. Monthly cable bill - ANSWER-A. Payment information f...
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Add to cartHUD Exam-Topic 1 Questions & Answers 2023/2024 All of the following would help a counselor develop a realistic household budget, except: A. Payment information for a paid-off car B. Amount spent on groceries C. Rent payment information D. Monthly cable bill - ANSWER-A. Payment information f...
HUD Housing Exam Questions & Answers 2023/2024 Which document should the counselor review with the client to identify spending habits and track expenses: - ANSWER-Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWE...
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Add to cartHUD Housing Exam Questions & Answers 2023/2024 Which document should the counselor review with the client to identify spending habits and track expenses: - ANSWER-Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWE...
HUD Housing Counselor Module 4.1 & 4.2 Exam Questions & Answers 2023/2024 A potential homebuyer with a minimal savings for a down payment and a low credit score is most likely to qualify for which mortgage? - United States Department of Agriculture (USDA) - Federal Housing Administration (FHA...
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Add to cartHUD Housing Counselor Module 4.1 & 4.2 Exam Questions & Answers 2023/2024 A potential homebuyer with a minimal savings for a down payment and a low credit score is most likely to qualify for which mortgage? - United States Department of Agriculture (USDA) - Federal Housing Administration (FHA...
HUD Test 1 2023-solved Which document should the counselor review with the client to identify spending habits and track expenses? - ANSWER-Bank Statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWER-Net income Which it...
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Add to cartHUD Test 1 2023-solved Which document should the counselor review with the client to identify spending habits and track expenses? - ANSWER-Bank Statement Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWER-Net income Which it...
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