The CalHFA program:
A) is a secondary mortgage market
B) is designed to help first time homebuyers
C) is used as a last resort by lenders to make loans to borrowers with less than perfect credit
D) charges the least amount of money in closing costs as compared to any other program
Correct Answer:
Verified
Q1: A type of financing instrument in which
Q2: The three major credit reporting agencies are:
A)
Q3: In an installment sales contract, title to
Q4: An enforceable due-on-sale clause is correctly called
Q5: The major source for junior loans (2nds,
Q7: Under the Real Property Loan Law, the
Q8: A mortgage broker negotiated a loan for
Q9: A straight note differs from an installment
Q10: The ultimate source of all loan funds
Q11: The maximum FHA insured loan under the
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