Xinnix ground school Study guides, Class notes & Summaries

XINNIX Ground School Complete Questions And Answers 2023/2024 XINNIX Ground School Complete Questions And Answers 2023/2024

Xinnix Ground School Study Guide Questions with 100% Correct Answers | Latest Update 2024 | Verified

XINNIX GROUND SCHOOL (ACTUAL) LATEST 2024 WITH 300+ EXPERT CERTIFIED QUESTIONS AND ANSWERS I ALREADY GRADED A+ NEW!

Xinnix Ground School Questions and Answers Already Graded A first-time homebuyer - Answer ️️ -Someone who has never owned a home Move-up homebuyer - Answer ️️ -Currently owns, or has previously owned a home and is looking to move up in price, location, size, etc. Relocation Homebuyer - Answer ️️ -Purchasing a new home in a different city or state due to job transfer or personal desire Affluent homebuyer - Answer ️️ -Well seasoned in home buying process. Knowledgeable, fin...

Xinnix Ground School Exam Questions and Solutions

Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. Correct Answer False YTD paystubs will be requires from a borrower that is self-employed (schedule C) Correct Answer False A borrower requesting a jumbo loan will qualify for an agency loan Correct Answer False Trailing spouse income can be used for qualifying purposes. Correct Answer False The followin...

Xinnix Ground School Exam Questions And Answers @ 2024...

first-time homebuyer Someone who has never owned a home Move-up homebuyer Currently owns, or has previously owned a home and is looking to move up in price, location, size, etc. Relocation Homebuyer Purchasing a new home in a different city or state due to job transfer or personal desire Affluent homebuyer Well seasoned in home buying process. Knowledgeable, financially savvy, busy. Empty-nester homebuyer Experienced homebuyers looking to downsize due to age and no dependent children. I...

Desktop Underwriting (DU) would result in a decision of Approve/Ineligible on a loan with excellent credit which qualifies as a jumbo loan program. - True All of the following documents must be provided by the builder to the mortgage company on an FHA new construction loan prior to the loan being cleared to close EXCEPT: - Appraisal Certificate A borrower's brother would like to give her money to help towards the down payment of her new house. This would be considered.... - A gift from a r...

Xinnix Ground School Exam Questions and Answers 100% Pass Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. - Answer- False YTD paystubs will be requires from a borrower that is self-employed (schedule C) - Answer- False A borrower requesting a jumbo loan will qualify for an agency loan - Answer- False Trailing spouse income can be used for qualifying purp...