A single woman applied for an FHA loan to buy a property she intends to use as a rental. Her application will probably be denied.
Correct Answer:
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Q50: Usually, the borrower of a FHA loan
Q51: A certificate of reasonable value is issued
Q52: After December 1, 1986, the FHA would
Q53: Since the VA is guaranteeing the loan,
Q54: A home sells for $150,000 but is
Q56: The word point means 1% of the
Q57: In addition to the up-front mortgage insurance
Q58: The relationship between the amount of money
Q59: In the event of default and subsequent
Q60: A(n)_ loan is any loan that has
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