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Xinnix SOAR Final Exam Questions and Answers 100% Pass
Xinnix SOAR Final Exam Questions and 
Answers 100% Pass 
FNMA and FHLMC are what type of loan? - Answer- conforming 
the main purpose of the Consumer financial protection bureau (CFPB) is to help 
consumers understand the terms of their agreements with financial companies - 
Answer- true 
conventional loans are not insured by the federal government - Answer- true 
Agency loans include FHA and VA loans - Answer- true 
the proceeds of a loan for cash out refinance may be used by the borrower to in...
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- Exam (elaborations)
- • 55 pages •
Xinnix SOAR Final Exam Questions and 
Answers 100% Pass 
FNMA and FHLMC are what type of loan? - Answer- conforming 
the main purpose of the Consumer financial protection bureau (CFPB) is to help 
consumers understand the terms of their agreements with financial companies - 
Answer- true 
conventional loans are not insured by the federal government - Answer- true 
Agency loans include FHA and VA loans - Answer- true 
the proceeds of a loan for cash out refinance may be used by the borrower to in...
Xinnix Quiz Questions with 100% Correct Answers
Xinnix Quiz Questions with 100% Correct Answers 
Ginnie Mae was wholly created to purchase government mortgages on the secondary 
market - Answer- false 
which of the following was not a reason The Federal Housing Administration (FHA) was 
created - Answer- to simplify mortgage forms 
match in order of creation - Answer- 1st-FNMA 
2nd-GNMA 
3rd-FHLMC 
match the following - Answer- FNMA-fannie mae 
FHLMC-Freddie Mac 
what allowed more conventional mortgages to be originated in the early 1970s wit...
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- Exam (elaborations)
- • 26 pages •
Xinnix Quiz Questions with 100% Correct Answers 
Ginnie Mae was wholly created to purchase government mortgages on the secondary 
market - Answer- false 
which of the following was not a reason The Federal Housing Administration (FHA) was 
created - Answer- to simplify mortgage forms 
match in order of creation - Answer- 1st-FNMA 
2nd-GNMA 
3rd-FHLMC 
match the following - Answer- FNMA-fannie mae 
FHLMC-Freddie Mac 
what allowed more conventional mortgages to be originated in the early 1970s wit...
Xinnix Exam Questions and Answers 100% Pass
Xinnix Exam Questions and Answers 100% Pass 
Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - 
Answer- True 
What is the maximum seller contribution allowed for a primary residence at 95% LTV? 
(FNMA/FHLMC) - Answer- 3% 
On an ARM, redisclosure of the Truth in Lending is required if the APR changes more 
than ____%? - Answer- .25 
FHA loans have both a BASE Loan Amount and Total Loan Amount - Answer- True 
A borrower's brother would like to give her money to h...
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- Exam (elaborations)
- • 16 pages •
Xinnix Exam Questions and Answers 100% Pass 
Loans with an LTV >80% will typically require mortgage insurance. (FNMA/FHLMC) - 
Answer- True 
What is the maximum seller contribution allowed for a primary residence at 95% LTV? 
(FNMA/FHLMC) - Answer- 3% 
On an ARM, redisclosure of the Truth in Lending is required if the APR changes more 
than ____%? - Answer- .25 
FHA loans have both a BASE Loan Amount and Total Loan Amount - Answer- True 
A borrower's brother would like to give her money to h...
Xinnix SOAR Mock Exam Questions and Answers 100% Pass
Xinnix SOAR Mock Exam Questions and 
Answers 100% Pass 
A fixed-rate second mortgage has the loan amount fully disbursed at closing. Monthly 
payments are amortized over the term of the loan. Once the balance is paid off the 
mortgage is closed. - Answer- True 
A veteran may exchange a portion of their entitlement for cash. - Answer- False 
Judgments and tax liens are required to be paid off at or prior to loan closing. 
(FNMA/FHLMC) - Answer- True 
Gross rent may be considered effective income ...
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- Exam (elaborations)
- • 7 pages •
Xinnix SOAR Mock Exam Questions and 
Answers 100% Pass 
A fixed-rate second mortgage has the loan amount fully disbursed at closing. Monthly 
payments are amortized over the term of the loan. Once the balance is paid off the 
mortgage is closed. - Answer- True 
A veteran may exchange a portion of their entitlement for cash. - Answer- False 
Judgments and tax liens are required to be paid off at or prior to loan closing. 
(FNMA/FHLMC) - Answer- True 
Gross rent may be considered effective income ...
XINNIX FLIGHT SCHOOL EXAM QUESTIONS AND ANSWERS
XINNIX FLIGHT SCHOOL EXAM 
QUESTIONS AND ANSWERS 
The rate lock period for a refi, with a right of rescission, must be long enough to cover 
the rescission period. - Answer- True 
How long does a borrower have to wait to buy a home after they have had a 
foreclosure? FHA - Answer- 3 years 
What are the steps you should follow to determine the correct MI? - Answer- LTV, term, 
product type, occupancy type and coverage. 
Typically, files that have to be manually underwritten are subject to less st...
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- Exam (elaborations)
- • 18 pages •
XINNIX FLIGHT SCHOOL EXAM 
QUESTIONS AND ANSWERS 
The rate lock period for a refi, with a right of rescission, must be long enough to cover 
the rescission period. - Answer- True 
How long does a borrower have to wait to buy a home after they have had a 
foreclosure? FHA - Answer- 3 years 
What are the steps you should follow to determine the correct MI? - Answer- LTV, term, 
product type, occupancy type and coverage. 
Typically, files that have to be manually underwritten are subject to less st...
xinnix Mock Exam Questions and Answers 100% Pass
xinnix Mock Exam Questions and 
Answers 100% Pass 
Residual income is the amount of income available for family support after taxes and 
social security expense have been subtracted from the gross income and after PITI and 
other long-term debt has been paid. -Answer-Response: True 
Feedback: See Course 6, Lesson 1 
FHA Case Numbers are tied to the property, not the borrower. -Answer-Response: True 
Feedback: See Course 5, Lesson 1 
What is the minimum coverage required on the hazard insurance p...
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- Exam (elaborations)
- • 11 pages •
xinnix Mock Exam Questions and 
Answers 100% Pass 
Residual income is the amount of income available for family support after taxes and 
social security expense have been subtracted from the gross income and after PITI and 
other long-term debt has been paid. -Answer-Response: True 
Feedback: See Course 6, Lesson 1 
FHA Case Numbers are tied to the property, not the borrower. -Answer-Response: True 
Feedback: See Course 5, Lesson 1 
What is the minimum coverage required on the hazard insurance p...
XINNIX Mortage Basix Exam Questions and Answers 100% Pass
XINNIX Mortage Basix Exam Questions and 
Answers 100% Pass 
What does FNMA stand for? - Answer- Federal National Mortgage Association 
What does FHLMC stand for? - Answer- Federal Home Loan Mortgage Corporation 
What does AU stand for, and what is it? - Answer- Automated Underwriting, a 
computerized system that uses historical statistics to issue a decision of how to proceed 
with a loan request. 
The Purposes of Property acceptable for FNMA and FHLMC include: - Answer- Primary 
Residence, Seco...
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- Exam (elaborations)
- • 10 pages •
XINNIX Mortage Basix Exam Questions and 
Answers 100% Pass 
What does FNMA stand for? - Answer- Federal National Mortgage Association 
What does FHLMC stand for? - Answer- Federal Home Loan Mortgage Corporation 
What does AU stand for, and what is it? - Answer- Automated Underwriting, a 
computerized system that uses historical statistics to issue a decision of how to proceed 
with a loan request. 
The Purposes of Property acceptable for FNMA and FHLMC include: - Answer- Primary 
Residence, Seco...
Wwise Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
Wwise Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
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- • 5 items •
- Wwise 101 Cert Exam Questions and Answers 100% Correct • Exam (elaborations)
- Wwise Lesson 2 Exam Questions and Answers 100% Pass • Exam (elaborations)
- 2024 Spring Midterm Wwise section Questions and Answers 100% Pass • Exam (elaborations)
- Wwise Learning Exam Questions and Answers 100% Pass • Exam (elaborations)
- Wwise-101 Lesson 1 Quizzes with 100% Correct Answers • Exam (elaborations)
Wwise Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
Wwise 101 Certification Exam Questions and Answers 100% Pass
Wwise 101 Certification Exam Questions and 
Answers 100% Pass 
What button begins the process of populating the log in the Profiler? - Answer- Start 
Capture 
What is a Work Unit? - Answer- An XML file that stores settings of your Wwise project. 
T/F? The name of an Event object needs to perfectly match the name of its 
corresponding game call. - Answer- True 
In the SoundBank layout, what happens when the Generate button is clicked? - Answer- 
a. SoundBanks for all selected platforms and langua...
- Exam (elaborations)
- • 8 pages •
Wwise 101 Certification Exam Questions and 
Answers 100% Pass 
What button begins the process of populating the log in the Profiler? - Answer- Start 
Capture 
What is a Work Unit? - Answer- An XML file that stores settings of your Wwise project. 
T/F? The name of an Event object needs to perfectly match the name of its 
corresponding game call. - Answer- True 
In the SoundBank layout, what happens when the Generate button is clicked? - Answer- 
a. SoundBanks for all selected platforms and langua...
WWISE 101 Revision Questions with Correct Answers | 100% Verified
WWISE 101 Revision Questions with 
Correct Answers | 100% Verified 
No object has been associated with the selected Event. - Answer- Why does the word 
[Missing] appear in red in this image? 
There isn't an audio source file associated with it? - Answer- What can you tell about the 
Shotgun Blast object (red)? 
Drag events to the soundbank and when the SoundBank is generated any audio files 
needed to play those events will automatically be copied to the appropriate folders. - 
Answer- How are ...
- Exam (elaborations)
- • 2 pages •
WWISE 101 Revision Questions with 
Correct Answers | 100% Verified 
No object has been associated with the selected Event. - Answer- Why does the word 
[Missing] appear in red in this image? 
There isn't an audio source file associated with it? - Answer- What can you tell about the 
Shotgun Blast object (red)? 
Drag events to the soundbank and when the SoundBank is generated any audio files 
needed to play those events will automatically be copied to the appropriate folders. - 
Answer- How are ...
RIMS CRMP Exam Study Guide Common Terms Already Graded A+
RIMS-CRMP EXAM STUDY GUIDE WITH COMPLETE ANSWERS 2024
PHTLS Post test 9th edition Questions and Answers
ESO/EKG Sharp Exam Questions with correct Answers
2024 WSC MASTER SET
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