A couple has been notified that they are in default on their mortgage payments and that the entire amount of the loan is now due. Their loan likely includes a(n):
An investor who is interested in purchasing a rental propert…
An investor who is interested in purchasing a rental property could estimate the value by using the
A loan processor with a mortgage company who is preparing th…
A loan processor with a mortgage company who is preparing the loan package for a borrower’s application will need to include all of the following EXCEPT
To determine an estimate of value on an office building, the…
To determine an estimate of value on an office building, the appraiser would
Escrow or impound funds are collected to provide the lender…
Escrow or impound funds are collected to provide the lender with funds to pay for
Depending on the circumstances of the default, a lender may…
Depending on the circumstances of the default, a lender may be willing to give delinquent homeowners any of the following options EXCEPT:
The new lender disclosure form called the Loan Estimate repl…
The new lender disclosure form called the Loan Estimate replaces the
The largest percentage of a FICO credit score is based on th…
The largest percentage of a FICO credit score is based on the applicant’s
All depository accounts in commercial banks are insured by t…
All depository accounts in commercial banks are insured by the Federal Deposit Insurance Corporation (FDIC) for up to what amount:
In lien and intermediate theory states, under a deed of trus…
In lien and intermediate theory states, under a deed of trust title remains with the borrower with lien rights empowering foreclosure assigned to the: