Mortgage professionals - Study guides, Class notes & Summaries

Fundamentals of Mortgage Brokerage Exam With Complete Solutions AACI - answerAccredited Appraiser Canadian Institute - designation granted by Appraisal Institute of Canada Accelerated Payments - answerpayment options stream whereby the monthly mortgage payment is either split in half or in quarters and is paid every two weeks (bi-weekly) or every week (weekly) Accredited Mortgage Professional - AMP - answernational designation for mortgage professionals in Canada issued by the Canadian A...

45 Hour Post License Florida Exam Questions and Answers Latest 2024/2025 (100% Correct) A residential transaction os defined in F.S. 475 as the sale of any: correct answers - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units - dispositions of bu...

1. Which of the following statements is true regarding a mortgage loan originator (MLO)? A mortgage loan originator is the same as a mortgage broker. *A mortgage loan originator must have a separate license. A mortgage loan originator makes loans. A mortgage loan originator must have a real estate license. 2. A real estate appraiser's fee for professional service is based on which of the following? A percentage of the property's gross income. A percentage of the fair market valu...

Fundamentals of Mortgage Brokerage Exam With Complete Solutions AACI - answerAccredited Appraiser Canadian Institute - designation granted by Appraisal Institute of Canada Accelerated Payments - answerpayment options stream whereby the monthly mortgage payment is either split in half or in quarters and is paid every two weeks (bi-weekly) or every week (weekly) Accredited Mortgage Professional - AMP - answernational designation for mortgage professionals in Canada issued by the Canadian A...

Surveys are often obtained to - correct answer Partition a property Establish boundary lines Sell a portion of a larger property Real Estate Center in Texas - correct answer Was created by the Texas Legislature in the 1970s It is located on the Texas A&M university campus Collects and complies data relating to real estate matters in Texas Does not have the authority Blockbusting - correct answer Attempting to induce panic selling in a neighborhood for financial gain In real e...

What kind of professionals manage the legal aspects of a development project? - Answer- Real Estate attorneys, title companies, surveyors, property insurance companies and government regulatory officials What types of professionals are involved in the transfer of rights and interest in Real Estate? - Answer- Titles companies, Real Estate Brokers/ Sales Persons, Mortgage Brokers, Mortgage Bankers, Appraisers, Insurers Property is classified into what three types? - Answer- Residential, Comm...

What kind of professionals manage the legal aspects of a development project? - correct answerReal Estate attorneys, title companies, surveyors, property insurance companies and government regulatory officials What types of professionals are involved in the transfer of rights and interest in Real Estate? - correct answerTitles companies, Real Estate Brokers/ Sales Persons, Mortgage Brokers, Mortgage Bankers, Appraisers, Insurers Property is classified into what three types? - correct answe...

Prexl Practice Test 5: Questions and answers, VERIFIED/ Marketing campaigns for the solicitation of credit are covered by the provisions of: - GLB - TILA - RESPA - ECOA - -TILA. General marketing and advertising for credit is covered by TILA. The Telemarketing Sales Rule prohibits calls: - Made to a customer after 8:00 a.m. or before 9:00 p.m. - Made to consumers who have specifically asked a mortgage professional not to contact them - To consumers not listed on the Do-Not-Call Regi...

45 Hour Post License Florida Exam Questions and Answers Latest 2024/2025 |100% Correct Answers. A residential transaction os defined in F.S. 475 as the sale of any: correct answers - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units - dispositio...

RECA Exam| Questions and Verified Answers|100% Correct| 2023/ 2024 Q: Which of the following best describes a written acknowledgement? Answer: It should state that the consumer received and understands the written disclosure made by a real estate professional Q: Which of the following types of authority allow an agent to act according to the usual ways of performing an action as established by the profession? Answer: Customary authority Q: Which of the following resp...