Question
1. Which of the following statements is entirely correct about determining maximum LTV on real estate financing? A. DTI and LTV are used for commercial
1. Which of the following statements is entirely correct about determining maximum LTV on real estate financing?
A. DTI and LTV are used for commercial loans and CLTV and LTV are used for residential loans
B. DSCR and LTV are used for commercial loans and DTI and LTV are used for residential loans
C. DSCR and LTC are used for construction loans, DSCR and LTV are used for commercial loans and WACC and NPV are used for residential loans
D. DTI and LTC are used for commercial loans and LTC and WACC are used for residential loans
2. Brokers obtain warehouse lines of credit to fund mortgage loans.
True/False
3. In the Mortgage Backed Securitization process loans that are not sold to government entities like FNMA or FHA are either kept in the banks portfolio or sold to secondary market financial institutions.
True/False
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Digital Finance Big Data Start-ups And The Future Of Financial Services
Authors: Perry Beaumont
1st Edition
0367146797, 978-0367146795
