Hud practice exam stuvia - Study guides, Class notes & Summaries
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HUD Practice Exam Questions With Correct Answers
- Exam (elaborations) • 11 pages • 2024
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Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Answer List of Assets 
Retirement plan statement 
Pay stub X 
Current lease 
 
A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Answer 
 
A credit report may contain which information? - Answer ...
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HUD Practice Exam Correct Questions and Answers(RATED A+)
- Exam (elaborations) • 8 pages • 2024
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Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - ANSWER List of Assets 
Retirement plan statement 
Pay stub X 
Current lease 
 
A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - ANSWER 
 
A credit report may contain which information? - ANSWER ...
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HUD Exam - Fair Housing Questions and Answers 100% Verified
- Exam (elaborations) • 5 pages • 2024
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HUD Exam HUD Exam - Fair Housing Questions and Answers 100% VerifiedHUD Exam - Fair Housing Questions and Answers 100% VerifiedHUD Exam - Fair Housing Questions and Answers 100% VerifiedFair Housing Questions and Answers 100% Verified 
Which describes the legally enforceable terms that govern the use of real estate? 
A. Residential security restrictions 
B. Deed restrictions 
C. Redlined Maps 
Government-sponsored deeds - ANSWER-B. Deed Restrictions 
-Deed restrictions are legally enforceable te...
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HUD Certification Exam 2024 Questions and Answers (Graded A+)
- Exam (elaborations) • 9 pages • 2024
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Deed Restrictions - ANSWER-Legally enforceable terms that govern the use of real estate 
 
Redlining - ANSWER-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 familial status of the area's residents. 
 
Civil Rights Act of 1968 - ANSWER-Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental piece of legislation, which prohi...
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HUD Practice Exam 2023-2024 Questions and Answers (Graded A+)
- Exam (elaborations) • 8 pages • 2024
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Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - ANSWER-List of Assets 
Retirement plan statement 
Pay stub X 
Current lease 
 
A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - ANSWER- 
 
A credit report may contain which information? - ANSWER-...
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HUD Exam - Fair Housing Correct Questions and Answers(RATED A+)
- Exam (elaborations) • 5 pages • 2024
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Available in package deal
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- $10.49
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Which describes the legally enforceable terms that govern the use of real estate? 
A. Residential security restrictions 
B. Deed restrictions 
C. Redlined Maps 
Government-sponsored deeds - ANSWER B. Deed Restrictions 
-Deed restrictions are legally enforceable terms that govern the use of real estate. Deed restrictions that discriminate based on any of the seven prohibited bases for discrimination are illegal and unenforceable. 
 
Which is the practice of refusing to make residential loans or i...
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HUD Exam - Fair Housing Questions and Answers 100% Verified(RATED A+)
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
Which describes the legally enforceable terms that govern the use of real estate? 
A. Residential security restrictions 
B. Deed restrictions 
C. Redlined Maps 
Government-sponsored deeds - ANSWER-B. Deed Restrictions 
-Deed restrictions are legally enforceable terms that govern the use of real estate. Deed restrictions that discriminate based on any of the seven prohibited bases for discrimination are illegal and unenforceable. 
 
Which is the practice of refusing to make residential loans or i...
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