One of the Underwriting Standards Is the Loan Balance at the Time

question 25

Multiple Choice

One of the underwriting standards is the loan balance at the time of origination. Conventional loans that meet the underwriting standards of the two GSEs are called conforming limits. But there are other important underwriting standards that must be satisfied. These include ________.

• A) documentation and borrower credit history.
• B) loan type (e.g., fixed rate, ARM) and type of property.
• C) loan-to-value ratio by loan type and transaction type.
• D) All of these

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