Welcome to the Knowledge Mouse Online Quiz
Processing Basics
| Questions |
Answers |
| Is a WVOE required on FHA loans? |
|
| What section of the title report shows defects, liens, or matters that would affect title? |
|
| Can you close a loan with an Abstract of Juudgement listed on title? |
|
| How many months prior to our loan does the chain of title have to cover? |
|
| On a conventional loan can you use overtime income if the borrower hasn't recieved it for at least 24 months? |
|
| What about on an FHA loan? |
|
| On a VA loan can you use the grossed up part of non-taxable income towards residual requirements? Please explain your answer. |
|
