Hud exam prep Study guides, Class notes & Summaries
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HUD EXAM PREP QUESTIONS WITH CORRECT SOLUTIONS (GRADED A)
- Exam (elaborations) • 32 pages • 2023
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HUD EXAM PREP QUESTIONS WITH CORRECT SOLUTIONS (GRADED A)
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Hud Exam Prep 2024 With Complete Solutions Latest Update
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Hud Exam Prep 2024 With Complete Solutions Latest Update
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HUD Exam Prep Finance _Chamberlain
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% Impact of Account Payment History on Credit Score 
35% 
portion of credit score based on the payment history of accounts, including late payments, 
delinquencies, judgments, and liens 
% Impact of Amounts Owed on Accounts on Credit Score 
30% 
portion of score based on the ratio of total credit extended to the amount of credit owed 
% Impact of Length of Credit History on Credit Score 
15% 
portion of score based don the overall length of credit history in the report, as well as average age of...
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HUD Exam Prep Questions and Answers 100% Pass
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HUD Exam Prep Questions and Answers 100% Pass 
Conventional Loan - Correct Answer ️️ -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 - Correct Answer ️️ -Front end 31% 
Back end 43% 
Limited funds, bad credit, bankruptcy, high debt to income ratio. 
EEM (Energy) FHA - Correct Answer ️️ -Front end 33% 
Back end 45% 
VA - Correct Answer ️️ -41% 
USDA -...
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HUD EXAM PREP Study Questions and Answers (latest Update 2024)
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HUD EXAM PREP Study Questions and Answers (latest Update 2024)
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HUD Exam Prep Questions and Answers (latest Update 2024)
- Exam (elaborations) • 98 pages • 2024
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HUD Exam Prep Questions and Answers (latest Update 2024)
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HUD Exam Prep Complete Solutions
- Exam (elaborations) • 53 pages • 2024
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HUD Exam Prep Complete Solutions 
% Impact of Account Payment History on Credit Score ️35% 
portion of credit score based on the payment history of accounts, including late payments, 
delinquencies, judgments, and liens 
% Impact of Amounts Owed on Accounts on Credit Score ️30% 
portion of score based on the ratio of total credit extended to the amount of credit owed 
% Impact of Length of Credit History on Credit Score ️15% 
portion of score based don the overall length of credit ...
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HUD EXAM PREP COMPLETE QUESTIONS & ANSWERS!!
- Exam (elaborations) • 21 pages • 2024
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Types of Credit Used - ANSWER Student loan or credit cards only 
 
FAKO scores - ANSWER purchase score which are educational score 
 
Fair Credit Reporting Act FCRA - ANSWER what is in file/dispute/remove 30 days/remove bad 7 yrs/bk 10 yrs/access limited/damages from violators/state rights 
 
Fair and Accurate Credit Transactions Act FACTA - ANSWER free cbrs/fraud alert/truncate cc #s 
 
Fair Credit Billing Act (FCBA) - ANSWER dispute bill error/mail 60 days/creditor 30 days acknowledge and 90 d...
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HUD Exam Prep Questions and Answers 2024
- Exam (elaborations) • 54 pages • 2024
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% Impact of Account Payment History on Credit Score correct answer35% 
portion of credit score based on the payment history of accounts, including late payments, 
delinquencies, judgments, and liens 
% Impact of Amounts Owed on Accounts on Credit Score correct answer30% 
portion of score based on the ratio of total credit extended to the amount of credit owed 
% Impact of Length of Credit History on Credit Score correct answer15% 
portion of score based don the overall length of credit history i...
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HUD Exam Prep complete update
- Exam (elaborations) • 36 pages • 2023
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HUD Exam Prep complete update
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