Which two of the four Cs of credit have to do with earning potential and available cash?

1. Which two of the four Cs of credit have to do with earning potential and available cash?

A). Capital B). Credit history C). Capacity D). Collateral

2. When you take out a mortgage, your home becomes collateral. TRUE or FALSE

3. Pick correct statement

A). Prequalification is a lender's estimated of how much you can afford to borrow, bases on your gross income and debts.

B). Prequalification means that you have approved from a lender to borrow up to $100,00

4.What are the disadvantages of a contract for deed? select TWO

A). Allows time to become mortgage reedy

B). Seller retains the right to the property

C). Down payment and closing costs can be negotiates

D). No professional appraisal is required, so you might pay more than the home is worth.

5. What’s the primary benefit of being prequalified for a mortgage?

A). Helps with the moving expenses B). Ensures that you're looking only at homes you can afford C). Eliminates the needs for earnest money

6. which of these is a sign that you're dealing with someone engaged in unfair lending practices?

A). They charge inappropriate high interest rates, fees and closing costs

B). They contact you first

C). They discourage you from reading loan documents.

D). They push you to apply for more than you can afford

E. All of the above

7. Which of these loan options is strongly recommended for the first time buyers? Choose ALL that apply.

A). Adjustable-rate B). Contract for deed C). Ballon D). Fixed rate E). Interest only

8.Lenders usually wants to see 12-18 months of positive credit history (Low balances, no late or missed payment, etc.) before approving you for a mortgage. TRUE or FALSE.

Instant assignment help

Assignment Writing Pro

Order NOW to get 15% Discount!

{{total || ""}}

Why Choose Us

Premium Quality Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional Assignment Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Timely Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Our Assignment Writing Help Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.