Please answer 15,16,17,18,19

A single woman applied for an FHA loan to buy a properly she intends to use a rental. Her application will probably be denied. Usually, the borrower of a FHA loan in also responsible for the mortgage insurance premium. A conventional mortgage it neither insured nor guaranteed by the government. In the event of default and subsequent foreclosure, a VA borrower it responsible for making good any losses suffered. A certificate of reasonable value is issued by a HUD appraiser. A home sells for $150,000 but is appraised by a lender for $145,000. The lender will typically apply the loan-to-value ratio to the larger of the two numbers. Using the rule of thumb, which states that each discount point raises the yield by 1/8 of 1%, two discount points raise the effective yield of a typical home loan by 1/4 of 1%. Loan discount points shorten the repayment time of the loan. A certificate of reasonable value is issued by a VA staff appraiser. Since the VA is guaranteeing the loan, a VA loan typically requires a large down payment