Mortgage loans

Question 1

DTI for FHA/VA

Answer 1

43%/41%

Question 2

PMI

Answer 2

is paid upfront

Question 3

Uniform Residential Appraisal Report known as the?

Answer 3

1004

Question 4

VA funding fee is waived if?

Answer 4

Veteran is disabled

Question 5

The process of allowing a broker to originate and close a loan in his or her own name before transferring the loan to the lender providing the funds is called?

Answer 5

table funding