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Hud exam prep stuvia Study guides, Class notes & Summaries

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HUD Housing Counselor Prep Exam Questions With Correct Answers

  • HUD Housing Counselor Prep Exam Questions With Correct Answers

  • Exam (elaborations) • 7 pages • 2024
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    • What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - Answer 50 % Maximum housing ratio to rent an apartment - Answer 30 % Eligibility requirements for downpayment assistance programs include which factors - Answer Income, homebuyer education, purchase price The client is considering an FHA mortgage. What is the upfront mortgage insurance premium (UFMIP) for an FHA mortgage? - Answer 1.75% What is ECOA? - Answer Equal C...
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