Exam (elaborations)
HUD Midterm Exam Questions With All Correct Answers 2024.
- Course
- Institution
Conventional Loan - Answer 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 - Answer Front end 31% Back end 43% Limited funds, bad credit, bankruptcy, high debt t...
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