A single woman applied for a FHA loan to buy a property she intends to use as a rental. Which if anything might cause her application to be denied?
A) There is no basis for denial for the application
B) She is single
C) She is a woman
D) She plans to use the property as a rental
Correct Answer:
Verified
Q27: Under section 203(b), the FHA
A) insures lenders
Q28: The buyer normally pays the discount points
Q29: A mortgage, which is repaid in regularly
Q30: On a $64,000 home, which of the
Q31: Under section 203(b), the FHA lends to
Q33: A borrower can expect to pay a
Q34: Which government loan program will make direct
Q35: Who must pay the discount points on
Q36: Usually, the borrower of a FHA loan
Q37: Money for tax and insurance payments that
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