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Champions Real Estate Bundled Exams Questions and Answers | Latest Update | Grades A+ |Guaranteed Success
Champions Real Estate Bundled Exams Questions and Answers | Latest Update | Grades A+ |Guaranteed Success
[Show more]Champions Real Estate Bundled Exams Questions and Answers | Latest Update | Grades A+ |Guaranteed Success
[Show more]Champion Real Estate Prep Questions 
and Answers 
Dodd-Frank Act (the Wall Street Reform and Consumer Protection Act) - Answer-Combined 
TILA and RESPA into TRID 
Gross income multiplier - Answer-Price divided by rent equals 
2 - Answer-A broker can offer a guaranteed buyback of a property after ___...
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Add to cartChampion Real Estate Prep Questions 
and Answers 
Dodd-Frank Act (the Wall Street Reform and Consumer Protection Act) - Answer-Combined 
TILA and RESPA into TRID 
Gross income multiplier - Answer-Price divided by rent equals 
2 - Answer-A broker can offer a guaranteed buyback of a property after ___...
Champion Real Estate – Financing Exam 
Questions and Answers 
Hard Money Loan - Answer-Real estate loans made by private lenders funded in cash, great 
for "flippers" 
Blanket Mortgage - Answer-mortgage covering more than one parcel of real estate 
Package Mortgage - Answer-Mortgage covering...
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Add to cartChampion Real Estate – Financing Exam 
Questions and Answers 
Hard Money Loan - Answer-Real estate loans made by private lenders funded in cash, great 
for "flippers" 
Blanket Mortgage - Answer-mortgage covering more than one parcel of real estate 
Package Mortgage - Answer-Mortgage covering...
Champions Real Estate Exam Questions 
and Answers 
The 6 week deadline has passed, and guy hasn't secured financing. He claims he hasn't even 
tried because theres been a delay in receiving his inheritance, which he claims to receive in a 
week. Guy states he's not sure if he still wants th...
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Add to cartChampions Real Estate Exam Questions 
and Answers 
The 6 week deadline has passed, and guy hasn't secured financing. He claims he hasn't even 
tried because theres been a delay in receiving his inheritance, which he claims to receive in a 
week. Guy states he's not sure if he still wants th...
Champions Real Estate Finance Exam 
Practice Questions and Answers 
_____ is the consummation of a contractual real estate transaction in which all appropriate 
documents are signed, and the mortgage loan proceeds are disbursed by the lender. - 
Answer-Closing 
The primary determinants of real estat...
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Add to cartChampions Real Estate Finance Exam 
Practice Questions and Answers 
_____ is the consummation of a contractual real estate transaction in which all appropriate 
documents are signed, and the mortgage loan proceeds are disbursed by the lender. - 
Answer-Closing 
The primary determinants of real estat...
Champions real estate finance Exam 
Questions and Answers 
mortgage Broker - Answer-Functions as a middleman between the borrower and the 
lender, negotiating, selling or arranging loans to be delivered to large investors 
Mortgage Banker - Answer-Provide their own funds for the purpose of providing...
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Add to cartChampions real estate finance Exam 
Questions and Answers 
mortgage Broker - Answer-Functions as a middleman between the borrower and the 
lender, negotiating, selling or arranging loans to be delivered to large investors 
Mortgage Banker - Answer-Provide their own funds for the purpose of providing...
Champions Real Estate Finance Exam 
Questions and Answers 
Residential Mortgages have two categories - Answer-Conventional Loans & Government 
Loans 
Portfolio Loans - Answer-Loans not sold in secondary market 
Conventional Conforming Loans - Answer-Loans purchased in the secondary market that 
meet...
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Add to cartChampions Real Estate Finance Exam 
Questions and Answers 
Residential Mortgages have two categories - Answer-Conventional Loans & Government 
Loans 
Portfolio Loans - Answer-Loans not sold in secondary market 
Conventional Conforming Loans - Answer-Loans purchased in the secondary market that 
meet...
Champions Real Estate Finance Exam 
Study Guide with Complete Solutions 
Federal National Mortgage Association (FNMA) known as, Fannie Mae - Answer-began in 
1938 as an agency of the federal government In 1968, Fannie Mae became a privately owned 
and managed corporation Fannie Mae operates exclusiv...
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Add to cartChampions Real Estate Finance Exam 
Study Guide with Complete Solutions 
Federal National Mortgage Association (FNMA) known as, Fannie Mae - Answer-began in 
1938 as an agency of the federal government In 1968, Fannie Mae became a privately owned 
and managed corporation Fannie Mae operates exclusiv...
Champions Real Estate Finance Exam 
Study Guide 
Loan-to-Value Ratio (LTV) - Answer-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 appra...
Preview 3 out of 25 pages
Add to cartChampions Real Estate Finance Exam 
Study Guide 
Loan-to-Value Ratio (LTV) - Answer-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 appra...
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