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A V
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Decks in this class (16)
Nature & Cycle of Finance
What are the two major difference...,
Which type of leasehold estate ha...,
What are the three common ways to...
27
cards
Money and the Monetary System
The stated purpose of the federal...,
The fed is responsible for contro...,
The basic functions of the depart...
16
cards
Additional Government Influence
What is the purpose of the farm c...,
What kinds of programs does usda ...,
What are the three home loan prog...
27
cards
The Secondary Mortgage Market
What is the role of the secondary...,
Who are the three major players i...,
What was the first mortgage backe...
30
cards
Source of Funds
What is the major difference betw...,
Who licenses commercial banks,
Historically what has been true o...
30
cards
Instruments of Real Estate Finance
Describe and define the two class...,
List and describe three provision...,
What is a mortgage
43
cards
Loan Types, Terms and Issues
Simple interest,
Add on interest almost doubles th...,
Compound interest is defined as i...
45
cards
More Loan Types and Terms
What are the potential benefits o...,
How is an installment land contra...,
What is the advantage of using an...
29
cards
Tax Impacts in Mortgage Lending
What is a property s initial tax ...,
Define depreciation allowance,
Glenda purchased a nonresidential...
42
cards
Government Loans
Fha and va loans differ from conv...,
What kind of insurance does fha r...,
Name four popular fha loan programs
31
cards
Loan and Property Qualification
What are the four critical proced...,
Define underwriting,
Who usually performs the underwri...
26
cards
Property Valuation
What is an appraisal,
What location factors affect the ...,
What three physical factors affec...
26
cards
Closing the Mortgage Loan
What does a title search reveal,
Who needs title insurance and why,
How long do loan policies remain ...
33
cards
Lender Loan Process: Workshop
Points represent prepaid interest...,
Discount points are a means of ra...,
Laura is getting an 85 000 loan a...
27
cards
Defaults and Foreclosures
Name three common types of default,
What does the housing act of 1964...,
What is a moratorium
36
cards
Overall
Which of the following would not ...,
What does the term mixed use deve...,
Before an option is exercised whi...
50
cards
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