HUD Housing Package Deal

% 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% portion of score based on the ratio of...

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 mortgages early E. Using teaser rates to qualify more borrowers. - ️️D. Ho...

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...

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 fact...

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 origin, religion, sex, disability, or famil...

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 the ...