Va property exam answers - Study guides, Class notes & Summaries

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Real Estate Finance I-CHAMPIONS Exam | 60 Questions and Answers. The minimum downpayment on a VA loan is: (a) 2% of the sales price (b) 0% of the sales price (c) 3.75% of the sales price (d) 1% of the sales price - Answer- B _________ is the process of creating a new mortgage loan. (a) Origination (b) Funding (c) Underwriting (d) Servicing * - Answer- A A veteran can have more than one VA loan: (a) If the prior VA loan was paid in full and the property disposed of ...

Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: Principle of Contribution? Answer: A component part of a property is valued in proportion to its contribution to the value of the whole. Holds that maximum values are achieved when the improvements on a site produce the highest (net) return, commensurate with the investment. Q: Principle of Competition? Answer: Holds that profits tend to breed competition and excess profits tend to...

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Colorado Law And Practice Exam Questions And Answers The term "effective age" when applied to an industrial building means The observed age of the property in relation to its actual age An employed broker who both lists and sells has earned: The agreed upon split from the employing broker for each side of the transaction If a borrower must pay one discount point on a 250,000 loan, the charge will be: 2,500 Federal Fair Housing law provides that possible discrimination exists...

VA P&C Practice Exam Questions And Answers( Solved)

Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass On an FHA loan the upfront MIP should be included when calculating cash-to-close. False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) False A 3-Year ARM adjusts every 3 years True A Loan Officer can locate the summary of the eligibility requirements for a loan to be sold to a specific lender/investor in the lender specs. False A HELOC loan has an interest only payment ...

VA PROPERTY & CASUALTY INSURANCE EXAM FX | CONTAINS 250 ACCURATE REAL EXAM QUESTIONS AND ANSWERS | EXPERT VERIFIED | GRADED A | GUARANTEED PASS | UPDATED 2024

Maryland Real Estate Exam Question and answers rated A+ 2024 Maryland Real Estate Exam Upon death of either spouse, the form of ownership converts to tenancy in common. - correct answer Which of the following statements about tenancy by the entirety in Maryland is FALSE? order in which they are filed or recorded. - correct answer Normally, the priority of general liens is determined by the Seek a deficiency judgment - correct answer After a borrower's default on home mortgage loa...