Hud counselor 2023 - Study guides, Class notes & Summaries

HUD Counselor Certification | 217 Questions and Answers 100% correct | Rated A+ | 2023-2024

HUD Housing Counselor Certification Exam 2023/24 Update

HUD Housing Counseling Questions with complete solution 2023/2024Which document should the counselor review with the client to identify spending habits and track expenses? A. Credit report B. Pay stubs C. Bank Statement D. Tax returns - correct answer Bank Statement Which additional information would the housing counselor need to prepare a household budget for this client? A. Net Income B. Lease Documentation C. Credit Score D. Bankruptcy Discharge - correct answer Net Incom...

HUD Housing Counselor Certification Practice Question and answers already passed 2023

HUD COUNSELOR EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+

HECM Test (2023/ 2024 Update) Questions and Verified Answers Q: T/F The agency is not permitted to provide a copy of the counseling certificate to a borrower's lender. Answer: False. Q: What role does FHA (Federal Housing Administration) play in Home Equity Conversion Mortgages? A. FHA sells the HECM loans on the secondary market B. FHA provides a strict rule of guidelines that lenders must adhere to C. FHA insures HECM loans D. FHA first instituted but no longer plays any p...

HUD Housing Counselor Exam Prep Questions and Answers (2023/2024) (Verified Answers)

HUD Housing Exam Questions with complete solution 2023/2024Which document should the counselor review with the client to identify spending habits and track expenses: - correct answer Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - correct answer Net income Which item in the client's budget is a fixed expense? - correct answer Car lease payment What is the maximum percent of area medium income allowab...