Hud exam 20 - Study guides, Class notes & Summaries

HUD Exam 2023 with correct answers - Tenancy

EPA Lead Risk Assessor Exam 2023EPA 40 CFR Part 745 - correct answer LBP Poisoning Prevention in certain residential structures What does EPA 40 CFR Part 745 contain? - correct answer -defines LBP hazard and other related terms -training, accreditation, work practice standards -applicable to target housing and child occupied facilities -renovation safe work practices -recordkeeping/reporting requirements -LPB disclosure to buyers/renters -pre reqs for becoming certified -regulatory l...

NMLS Practice Test Exam Questions And Answers (Verified And Updated) A discount point is BEST described as a charge the borrower pays to: A.) A lender to decrease the interest rate on the mortgage loan B.) A mortgage broker at the time of application to obtain a favorable rate C.) The seller as part of the closing costs of a loan D.) A lender to ensure against foreclosure - answerA.) A lender to decrease the interest rate on the mortgage loan A buyer has made an earnest money payment of ...

HUD Exam - Housing Affordability Questions and Answers 100% Correct HUD Exam - Housing Affordability Questions and Answers 100% Correct HUD Exam - Housing Affordability Questions and Answers 100% Correct All of the following are true statements about upfront costs associated with renting and buying, except; A. Renters generally pay a security deposit upon signing a lease. B. The average cost due upon signing a lease for a rental is typically between 20% of the monthly rent.. C. Cl...

EPA Lead Inspector / Assessor Course Exam Questions and Answers 2024/2025 (Solved 100% Correct) Permanent abatement options include... - ANSWER-Paint removal, component removal, enclosure, encapsulation What agencies focus on childhood lead poisoning prevention? - ANSWER-CDPH, HUD, EPA What is the CAL OSHA Standard for lead? - ANSWER-Title 8 CCR 1532.1 What is the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housing? - ANSWER-1995 HUD Guidelines When was the re...

HUD Exam Prep 2024 WITH CORRECT ANSWERS Conventional Loan Front end 28% Back end 36% can go up to 45% to 50%(debt to income), backed by private lenders. AKA prime loans. Good credit, 20% down payment. May have interest only terms FHA Front end 31% Back end 43% Limited funds, bad credit, bankruptcy, high debt to income ratio. EEM (Energy) FHA Front end 33% Back end 45% VA 41% USDA Front End 29% Back End 41%, low-to-moderate income, must live rural area, no down payment, competitiv...

If the base side of a triangular plot measures 45' and the height line measures 12', what is the area of the plot in square feet?([b x h] x ½ = A) - correct answer-270 square feet An applicant is allowed to use what electronic devices during the real estate exam? - correct answer-Hand-held calculator Convert the following fraction to a decimal for ease of computation: 31/25 - correct answer-1.24 What is the general formula to determine Capital Gain? - correct answer-Profit from Sale ...

HUD Practice Exam Questions and Answers 100% Pass Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Correct Answer ️️ -List of Assets Retirement plan statement Pay stub X Current lease 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? -...

EPA Lead Inspector State Certification Exam with Correct Answers 100% Lead-based paint (LBP) - CORRECT ANSWER-Any varnish, shallac, or coating that contains either- 1.0 mg/cm2 - 0.5 % by weight - 5000 ppm - Older instruments could not read accurately at 0.7, so the lead standard was updated to 1.0 Dust sample clearance values - CORRECT ANSWER-- Floors: 40 μg/ft2 > 10 μg/ft2 (10 μg/ft2 in NY) - Windows: 250 μg/ft2 > 100 μg/ft2 (50 μg/ft2 in NY) - Window wells (troughs): 40...

California: Real Estate Principles Actual Exam Questions with Complete Solutions 19 of 50 - Mobile homes manufactured ___________ are required to have tags guaranteeing proper construction. Who issues this tag? A. Before June 15, 1976; HUD B. After June 1, 1976; HUD C. After June 15, 1976; HUD D. After June 1, 1976; California BRE - Answer-C. After June 15, 1976; HUD 20 of 50 - Which of the following is not a goal of a real estate appraiser? A. To determine the market value of a p...