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XINNIX Practice Exam Questions with Complete Solutions 2023/2024 (Package Deal) $30.49   Add to cart

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XINNIX Practice Exam Questions with Complete Solutions 2023/2024 (Package Deal)

Exam (elaborations) Xinnix Final Examination Questions with True/False Selection Answers 2023/2024 Exam (elaborations) XINNIX Borrower FHA Questions and Correct answers 2023/2024 Exam (elaborations) Xinnix FHA and VA Loans Questions and A+ Rated answers 2023/2024 Exam (elaborations) Xinnix M...

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Xinnix Amortization Mortgage Loans Exam Questions and answers 2023/2024

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Xinnix Amortization Mortgage Loans Exam Questions and answers 2023/2024 A fixed-rate second mortgage has the loan amount fully disbursed at closing. Monthly payments are amortized over the term of the loan. Once the balance is paid off the mortgage is closed. - correct answer True A veteran ma...

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Xinnix FNMA and FHLMC Final Questions and Accurate answers 2023/2024

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Xinnix FNMA and FHLMC Final Questions and Accurate answers 2023/2024 FNMA and FHLMC are what type of loan? - correct answer conforming The main purpose of the Consumer financial protection bureau (CFPB) is to help consumers understand the terms of their agreements with financial companies - co...

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Xinnix Government Mortgage Exam Questions and answers correctly solved 2023

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Xinnix Government Mortgage Exam Questions and answers correctly solved 2023 Ginnie Mae was wholly created to purchase government mortgages on the secondary market - correct answer false which of the following was not a reason The Federal Housing Administration (FHA) was created - correct answe...

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Xinnix FNMA/FHLMC Loans Questions and answers 2023/2024

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Xinnix FNMA/FHLMC Loans Questions and answers 2023/2024 Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - correct answer True What is the maximum seller contribution allowed for a primary residence at 95% LTV? (FNMA/FHLMC) - correct answer 3% On an ARM, r...

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Xinnix FHA Certification Exam Questions and answers 2023/2024

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Xinnix FHA Certification Exam Questions and answers 2023/2024 A tax-service fee is a non-allowable fee by FHA. - correct answer True Using the information provided, answer the following FHA question: Sales Price = $137,300 Interest Rate = 6.875% 30-year fixed Taxes = 1.5% Homeowners Insur...

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Xinnix Mortgage Homeowner Questions and Assured answers 2023/2024

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Xinnix Mortgage Homeowner Questions and Assured answers 2023/2024 first-time homebuyer - correct answer Someone who has never owned a home Move-up homebuyer - correct answer Currently owns, or has previously owned a home and is looking to move up in price, location, size, etc. Relocation ...

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Xinnix FHA and VA Loans Questions and A+ Rated answers 2023/2024

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Xinnix FHA and VA Loans Questions and A+ Rated answers 2023/2024 T or F - You are required to disclose why a loan was declined, if applicable, to the lender you are transferring a loan package to for all FHA and VA Loans - correct answer True What following repairs are allowed under the FHA 20...

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XINNIX Borrower FHA Questions and Correct answers 2023/2024

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XINNIX Borrower FHA Questions and Correct answers 2023/2024 The rate lock period for a refi, with a right of rescission, must be long enough to cover the rescission period. - correct answer True How long does a borrower have to wait to buy a home after they have had a foreclosure? FHA - correc...

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Xinnix Final Examination Questions with True/False Selection Answers 2023/2024

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Xinnix Final Examination Questions with True/False Selection Answers 2023/2024 A veteran has the ability to transfer a portion of their entitlement to another veteran. - correct answer False Gross rent may be considered effective income when an applicant is planning to rent their current resid...

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