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Champions Real Estate Finance Questions & Correct Answers Pack / Graded A+
Champions Real Estate Finance Questions & Correct Answers Pack / Graded A+
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Champions Real Estate Finance - 30 hour Questions & Correct Answers/ Graded A+
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Character, Credit Score, Capacity, Capitol, and Collateral : What do creditors use to approve loans? Par Loan : A loan that is made at the current market rate of interest. Origination : The process of creating a new mortgage loan, including all steps taken by a lender, to attract and qualify ...
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Add to cartCharacter, Credit Score, Capacity, Capitol, and Collateral : What do creditors use to approve loans? Par Loan : A loan that is made at the current market rate of interest. Origination : The process of creating a new mortgage loan, including all steps taken by a lender, to attract and qualify ...
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Champions real estate finance Questions & Correct Answers/ Graded A+
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mortgage Broker : Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker : Provide their own funds for the purpose of providing mortgage financing Correspondent Lender : Smaller in scale then mor...
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Add to cartmortgage Broker : Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker : Provide their own funds for the purpose of providing mortgage financing Correspondent Lender : Smaller in scale then mor...
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Champions Real Estate Finance Questions & Correct Answers/ Graded A+
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Loan-to-Value Ratio (LTV) : The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage : In...
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Add to cartLoan-to-Value Ratio (LTV) : The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage : In...
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Champions School of Real Estate Finance Questions & Correct Answers/ Graded A+
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Seller's market : When supply is low and demand is high Buyer's market : When supply is high and demand is low The process of creating a new mortgage loan : Origination The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender : Underw...
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Add to cartSeller's market : When supply is low and demand is high Buyer's market : When supply is high and demand is low The process of creating a new mortgage loan : Origination The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender : Underw...
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Champions School of Real Estate - Real Estate Finance Questions & Correct Answers/ Graded A+
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Sending monthly payment statements and collecting monthly payments, maintaining payment records and following up on delinquencies. : Servicing The process of creating a new mortgage loan : Origination The process of collecting information about a borrower in order to build a loan file that wil...
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Add to cartSending monthly payment statements and collecting monthly payments, maintaining payment records and following up on delinquencies. : Servicing The process of creating a new mortgage loan : Origination The process of collecting information about a borrower in order to build a loan file that wil...
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Champions School of Real Estate - Real Estate Finance Questions & Correct Answers/ Graded A+
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A loan unable to be sold to Fannie Mae or Freddie Mac (i.e. A sub-prime loan) : Non-Conforming Loan VA : Veteran's administration - assists veterans in the purchase of housing by guaranteeing loans) Seller's equity : Cash price minus the loan balance A clause often found in a blanket loan al...
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Add to cartA loan unable to be sold to Fannie Mae or Freddie Mac (i.e. A sub-prime loan) : Non-Conforming Loan VA : Veteran's administration - assists veterans in the purchase of housing by guaranteeing loans) Seller's equity : Cash price minus the loan balance A clause often found in a blanket loan al...
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Champions School Of Real Estate – FINANCE Questions & Correct Answers/ Graded A+
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The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. : Origination activities The process of evaluating a borrower's loan application to determine the risk involved for the lender is : Underwriting Which of the follo...
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Add to cartThe process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. : Origination activities The process of evaluating a borrower's loan application to determine the risk involved for the lender is : Underwriting Which of the follo...
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Real Estate Finance Champions Questions & Correct Answers/ Graded A+
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Real Estate Finance Champions Questions & Correct Answers/ Graded A+
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Real Estate Finance I-CHAMPIONS Questions & Correct Answers/ Graded A+
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Real Estate Finance I-CHAMPIONS Questions & Correct Answers/ Graded A+
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Real Estate Finance champion school Questions & Correct Answers/ Graded A+
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Real Estate Finance champion school Questions & Correct Answers/ Graded A+
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Real Estate Finance 1 - Texas, Champions School of Real Estate – Finance Questions & Correct Answers/ Graded A+
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Real Estate Finance 1 - Texas, Champions School of Real Estate – Finance Questions & Correct Answers/ Graded A+
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Real Estate Finance Practice exam Questions & Correct Answers/ Graded A+
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Real Estate Finance Practice exam Questions & Correct Answers/ Graded A+
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Real Estate Finance Champions Study Guide Questions & Correct Answers/ Graded A+
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Real Estate Finance Champions Study Guide Questions & Correct Answers/ Graded A+
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