Loading, please wait...
Create a quiz
My quizzes
Browse quizzes
Register
Login
Forgot password?
Quiz rate:
1
Report this quiz as:
- choose -
misrated
offensive
spam
Home Equity Quiz
1.
The credit limit refers to:
A limit on how much the variable interest rate may increase during the life of the plan
The maximum amount that may be borrowed under the home equity plan
Maximum dollar amount of fees paid at closing
A measure of the total cost of credit
2.
Equity is defined as the difference between the fair market value (appraised value) of the home and the:
Index
Outstanding Mortgage Balance(s)
Margin
None of the above
3.
The most commonly used Index is:
The most commonly used Index is:
The 30 year mortgage rate
The Prime Rate
The 15 year mortgage rate
4.
Which of the following is considered when determining margin?
Credit score
Documentation
Ratio of total mortgage debt to property value
All of the above
E-mail address
Cancel login
Your name
Password
E-mail address
using only for sending the results
Have a flufo.com account? Sign In
Remember me!
Forgot password?
|
Not registered? Sign Up
Latest quizzes
Start a quick quiz:
Our friends
WebSite Copy
Outsourced Technical Support
Free Online Logo Maker
Free Web Hosting No Ads
Home
Contact us
Developed by Armia Systems, Inc
