Subject 5 · 21 free questions
Real Estate Finance practice.
Work through selected real estate finance concepts without a timer. Each answer includes the governing rule, choice-specific feedback and sources. A short topic score is a review signal, not a pass prediction.
Choose a concept, or practice the whole subject
Changing the concept starts a fresh set. These questions also appear in other free tools, so a familiar answer is not new evidence of recall.
Question 1 of 21
advancedA borrower signs a note but no mortgage is placed on the property. Which statement is most accurate?
Choose the best answer before opening any lesson notes. Your first response is the best measure of recall.
Lessons behind this practice
- The note, mortgage, recording and special security plans
- PITI, escrow and the true monthly housing cost
- Payment plans, an ARM, equity loans, points and a buydown
- Borrower duties, mortgage clauses and foreclosure
- Selling free and clear, assuming, or taking subject to
- Conventional, conforming and purpose-based loans
- FHA, VA and Rural Housing Service loans
- SONYMA programs without memorizing stale numbers
- The primary market, secondary market and loan assignment
- Truth in Lending, rescission and credit advertising
- Loan Estimate, Closing Disclosure and RESPA
- How lenders judge the property and the borrower
- Private mortgage insurance and the three ending points
- Predatory lending, loan flipping and high-cost loans