Which of the following is NOT one of the essential aspects of RESPA?
A) Advance disclosure of settlement costs
B) Limitations on the cost of mortgages
C) Prohibition of kickbacks and unearned fees
D) Limitations on escrow deposits
Correct Answer:
Verified
Q20: Someone with a credit score of 900
Q21: Which of the following is typically NOT
Q22: A conforming loan:
A)Exceeds the loan limits of
Q23: Payment to income ratio is BEST described
Q24: RESPA requires lenders to disclose to buyers
Q26: A self-employed borrower who has documentable assets
Q27: An escrow account:
A)Ensures that a default insurance
Q28: What document usually summarizes the sources,disbursements,charges and
Q29: The APR estimate must be accurate to
Q30: A jumbo loan:
A)Is another term for an
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