XINNIX GROUND SCHOOL EXAM
WITH QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS | ALREADY GRADED A+
On an FHA loan the upfront MIP should be
included when calculating cash-to-close. -
ANSWER-False
The borrower must have 5% of their own funds
when putting 15% down on a primary residence.
(FNMA) - ANSWER-False
When adjusting a 1-Year ARM with 2/6 caps,
the rate at the beginning of year 2 will be
determined by the Start Rate + Annual Cap or
the Fully-indexed rate, whichever is less. -
ANSWER-True
The maximum LTV for an FHA cash-out
refinance is 80% - ANSWER-True
Income or losses derived from partnerships can
be located on Schedule K-1 of a borrower;s
personal tax return. - ANSWER-False
A borrower purchased a home on January 15th
and is moving in on March 2nd. How many
days from purchase to move in? (For non-leap
years only) - ANSWER-46 days
What is the funding fee for a veteran
Download all 13 pages for $ 38,23
Add document to cartEXCELLENT HOMEWORK HELP AND TUTORING ,ALL KIND OF QUIZ AND EXAMS WITH GUARANTEE OF A+
Am an expert on major courses especially; psychology, Nursing, Human resource Management and Mathemtics Assisting students with quality work is my first priority. I ensure scholarly standards in my documents and that's why i'm one of the BEST GOLD RATED TUTORS in Knoowy. I assure a GOOD GRADE if you will use my work.
ati ati comprehensive predictor ati fundamentals proctored ati nutrition ati pharmacology ati rn comprehensive predictor comprehensive fundamentals health care health care / nursing health care/ nursing hesi hesi rn exit maternal newborn med surg medical nursing medical surgical mental health nurs nursing nursing & health pediatrics pharmacology test bank tncc