Loan signing system - Study guides, Class notes & Summaries

Loan Signing System Exam Questions and Answers

Loan Signing System Crash Course Definitions Part II Exam Questions and Answers

Loan Signing System Flashcards 2024 Already Solved 5 things every borrower wants to know - Answer ️️ -1. Loan amount 2. Interest rate 3. Term 4. Fixed/Adjustable 5. Prepayment penalty What are the 2 important things in the Deed of Trust? - Answer ️️ -1. Loan amount. Verify the lien amount is correct. 2. Make sure the vesting is correct. (Who owns the property? Verify there are no typos.) What is the most common thing LSAs forget to do on a loan document/application? - Answer ️...

Loan Signing System Exam Questions and Answers

Loan Signing System Flashcards 2023 Already Solved!!

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

GENERAL PARTNER - A partner who has full authority to make decisions, act for the partnership, and has full liability for the business dealings of the partnership. ACCELERATION CLAUSE - Allows a loan to become due and payable immediately if certain requirements are not met, such as making payments, maintaining the physical condition of the property or paying property taxes and hazard insurance. IMPOUND, RESERVE OR ESCROW ACCOUNT - A trust account established to set aside funds for future n...

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

Loan Signing System Flashcards 2024 Already Solved 5 things every borrower wants to know - Answer ️️ -1. Loan amount 2. Interest rate 3. Term 4. Fixed/Adjustable 5. Prepayment penalty What are the 2 important things in the Deed of Trust? - Answer ️️ -1. Loan amount. Verify the lien amount is correct. 2. Make sure the vesting is correct. (Who owns the property? Verify there are no typos.) What is the most common thing LSAs forget to do on a loan document/application? - Answer ️...

California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...