Hud counselor 2023 - Study guides, Class notes & Summaries

HUD Housing Counselor Certification Practice Questions and Answers Latest (2023 / 2024) (Verified Answers)

HUD Housing Counselor Certification Practice Question and answers already passed 2023 What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - correct answer 50% Which is the maximum recommended housing ratio for renting an apartment? - correct answer 30% Eligibility requirements for down-payment assistance programs include which factors? - correct answer Income, home-buyer education, purchase price The client is con...

HUD Housing Counselor Module 4.1 & 4.2 Questions and Answers Latest (2023 / 2024) (Verified Answers)

HUD Counselor Certification Question and answers correctly solved 2023 Elements IN a Budget - correct answer -Pay Stubs. (For self employed -> profit + loss statements) -Bank Statement -Utility Bill -Soc. Sec. Award Letter -Credit Card Debt -Car Expenses -Child Support -Hobby Income (Avg.) Elements NOT in a Budget - correct answer -Stock Dividends -Annual Bonus -Reimbursements -Credit Score -Pretax Payroll Deduc. Which information should be included in a Client Action...

HECM Test Questions and Answers Latest 2023 With Verified Answers.A Counseling Agency's failure to follow all basic requirements required by HUD could result in which of the following: A. Termination of agency's HUD approval B. Suspension of agency's HUD approval C. Forfeiture of remaining federal grant funds D. Fines and or imprisonment E. a , b , and c F. all of the above - ANSWER E. Termination of agency's HUD approval Suspension of agency's HUD approval Forfeiture of remaining...

HUD Housing Counselor Exam - 2023...

HUD Housing Counselor Certification Practice Exam Questions & Answers 2023/2024 What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER-50% Which is the maximum recommended housing ratio for renting an apartment? - ANSWER-30% Eligibility requirements for down-payment assistance programs include which factors? - ANSWER-Income, home-buyer education, purchase price The client is considering an FHA mortgage. What is th...

HUD Housing Counselor Certification Practice;HUD Knowledge Assessment Questions and Answers 2023 with complete solution

HUD Certification Exam Questions & Answers 2023/2024 Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - ANSWER-Pay stub 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? ...