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[Show more]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 year. The client is motivated to increase 
househo...
Preview 3 out of 18 pages
Add to cartWhich 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 year. The client is motivated to increase 
househo...
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 save for a down payment and qualify for a l...
Preview 2 out of 8 pages
Add to cartWhich 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 save for a down payment and qualify for a l...
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 assistance programs include which factors? - 
Income,...
Preview 3 out of 27 pages
Add to cartWhat 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 assistance programs include which factors? - 
Income,...
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 
building and will no longer participate in t...
Preview 2 out of 8 pages
Add to cartJake 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 
building and will no longer participate in t...
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) 
- Fannie Mae 
- Freddie Mac - Federal Housing Administration (FHA) 
Which i...
Preview 2 out of 9 pages
Add to cartA 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) 
- Fannie Mae 
- Freddie Mac - Federal Housing Administration (FHA) 
Which i...
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