Study guides, Class notes & Summaries

Which party is not included on the deed of trust? Mortgagor Mortgagee Trustor Trustee Trustor The mortgage or deed of trust will contain ___________ that permits the lender to demand that the entire balance of the loan be repaid if the borrower defaults. Due on sale clause Acceleration clause Alienation clause Balloon clause Acceleration clause One of the largest buyers of securities is _________. Credit Unions Pension Funds China American Public Pension Funds A company or ind...

Real Estate Finance Practice exam Questions and answers

Real Estate Finance Practice exam Questions And Answers Graded 100% Correct!! A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mort...

Real Estate Finance Practice exam Questions And Answers Graded 100% Correct!! A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mort...

Real Estate Finance Practice exam Questions And Answers Graded 100% Correct!! A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mort...

Real Estate Finance Practice exam Questions And Answers Graded 100% Correct!! A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mort...

Real Estate Finance Practice exam Questions And Answers Graded 100% Correct!! A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mort...

Real Estate Finance Practice exam Questions And Answers Graded 100% Correct!! A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mor...