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[SOLVED] HUD BUNDLED EXAMS QUESTIONS AND ANSWERS WITH COMPLETE AND VERIFIED SOLUTIONS
[SOLVED] HUD BUNDLED EXAMS QUESTIONS AND ANSWERS WITH COMPLETE AND VERIFIED SOLUTIONS
[Show more][SOLVED] HUD BUNDLED EXAMS QUESTIONS AND ANSWERS WITH COMPLETE AND VERIFIED SOLUTIONS
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HUD Certification Exam Questions and Answers Already Passed 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 o...
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Add to cartHUD Certification Exam Questions and Answers Already Passed 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 o...
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HUD Certification Questions and Answers 100% Pass 
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 Pay stub 
A client would like purchase a home within one yea...
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Add to cartHUD Certification Questions and Answers 100% Pass 
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 Pay stub 
A client would like purchase a home within one yea...
HUD Questions and Answers Rated A Primary function of HUD Creating and managing programs to provide quality affordable housing, prevent housing discrimination and help build sustainable communities. 
HUD investigates complaints of housing discrimination based on? Race Color Religion National Origin ...
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Add to cartHUD Questions and Answers Rated A Primary function of HUD Creating and managing programs to provide quality affordable housing, prevent housing discrimination and help build sustainable communities. 
HUD investigates complaints of housing discrimination based on? Race Color Religion National Origin ...
HUD Exam Prep Questions and Answers with Complete Solutions % 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%...
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Add to cartHUD Exam Prep Questions and Answers with Complete Solutions % 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%...
HUD Practice Test and Correct Answers Already Passed 
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 ...
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Add to cartHUD Practice Test and Correct Answers Already Passed 
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 ...
HUD Practice Exam Questions and Answers with Correct Solutions 
Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? List of Assets Retirement plan statement Pay stub X Current lease 
A client would like purchase a home within one ...
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Add to cartHUD Practice Exam Questions and Answers with Correct Solutions 
Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? List of Assets Retirement plan statement Pay stub X Current lease 
A client would like purchase a home within one ...
HUD Housing Counselor Exam Questions and Answers 100% Pass 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...
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Add to cartHUD Housing Counselor Exam Questions and Answers 100% Pass 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...
HUD Exam Prep Questions and Answers 100% Pass Conventional Loan Front end 28% Back end 36% can go up to 45% to 50%(debt to income), backed by private lenders. AKA prime loans. Good credit, 20% down payment. May have interest only terms 
FHA Front end 31% Back end 43% Limited funds, bad credit, bankr...
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Add to cartHUD Exam Prep Questions and Answers 100% Pass Conventional Loan Front end 28% Back end 36% can go up to 45% to 50%(debt to income), backed by private lenders. AKA prime loans. Good credit, 20% down payment. May have interest only terms 
FHA Front end 31% Back end 43% Limited funds, bad credit, bankr...
HUD Housing Counselor Certification Practice Questions and Answers 100% Pass 
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 requiremen...
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Add to cartHUD Housing Counselor Certification Practice Questions and Answers 100% Pass 
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 requiremen...
HUD Exam – Tenancy Questions and Answers with Certified Solutions 
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 comp...
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Add to cartHUD Exam – Tenancy Questions and Answers with Certified Solutions 
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 comp...
HUD Exam - Housing Affordability Questions and Answers Graded A 
All of the following are true statements about upfront costs associated with renting and buying, except; 
A. Renters generally pay a security deposit upon signing a lease. 
B. The average cost due upon signing a lease for a rental is t...
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Add to cartHUD Exam - Housing Affordability Questions and Answers Graded A 
All of the following are true statements about upfront costs associated with renting and buying, except; 
A. Renters generally pay a security deposit upon signing a lease. 
B. The average cost due upon signing a lease for a rental is t...
HUD Housing Counseling Exam Questions and Answers with Approved Solutions Rental Obstacle + Solutions: Low Income -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 
S...
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Add to cartHUD Housing Counseling Exam Questions and Answers with Approved Solutions Rental Obstacle + Solutions: Low Income -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 
S...
HUD Practice test questions and answers already passed 
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? Find a se...
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Add to cartHUD Practice test questions and answers already passed 
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? Find a se...
HUD Test 1 with Complete Solutions Already Passed 
Which document should the counselor review with the client to identify spending habits and track expenses? Bank Statement 
Which additional information would the housing counselor need to prepare a household budget for this client? Net income 
Which...
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Add to cartHUD Test 1 with Complete Solutions Already Passed 
Which document should the counselor review with the client to identify spending habits and track expenses? Bank Statement 
Which additional information would the housing counselor need to prepare a household budget for this client? Net income 
Which...
HUD Exam - Fair Housing Questions and Answers with Certified Solutions 
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 a...
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Add to cartHUD Exam - Fair Housing Questions and Answers with Certified Solutions 
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 a...
Fair Housing Practice Exam Questions and Answers Already Graded A 
True Because of the Civil Rights Act of 1866, there are no exceptions that allow discrimination in the housing market based on race. 
Select one: True 
False 
Handicap status In March of 1989 two protected classes were added to the F...
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Add to cartFair Housing Practice Exam Questions and Answers Already Graded A 
True Because of the Civil Rights Act of 1866, there are no exceptions that allow discrimination in the housing market based on race. 
Select one: True 
False 
Handicap status In March of 1989 two protected classes were added to the F...
Housing Counselor Exam Questions and Answers Already Passed Default When no payments made after 60 to 90 days... 30 for FHA loans 
Front-End Ratio Equation Monthly housing expenses/gross monthly income 
Front-End Ratio maximums 28% or less - conventional loan 31% or less for FHA, 30% or less for ren...
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Add to cartHousing Counselor Exam Questions and Answers Already Passed Default When no payments made after 60 to 90 days... 30 for FHA loans 
Front-End Ratio Equation Monthly housing expenses/gross monthly income 
Front-End Ratio maximums 28% or less - conventional loan 31% or less for FHA, 30% or less for ren...
HUD Exam - Avoiding Foreclosure Questions and Answers with Complete Solutions 
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 m...
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Add to cartHUD Exam - Avoiding Foreclosure Questions and Answers with Complete Solutions 
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 m...
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