This governmental department issues regulations and establishes guidelines for approving lenders authorized to make FHA loans.

Not to be confused with PMI for conventional loans, MIP is required for all of these types of loans, regardless of down payment.

Lenders that have authority to close VA-guaranteed loans without prior approval of the VA.

These USDA loans are also referred to as this.

This dollar amount would qualify for the minimum down payment on a $122,000 FHA loan.

Lending institutions that are authorized to underwrite and close mortgage loans without prior submission for FHA review or approval.

UFMIP is charged in this percentage amount for 15- and 30-year purchase and refinance transactions under FHA loans.

Lenders may not process or close a VA loan without this document.

The definition of rural is up to this number of inhabitants.

This amount would cover UFMIP on a $100,000 loan.

Credit history of the borrower, capacity to repay the loan, cash assets in the bank, and collateral (which evaluates the value of the home).

MIP drops off of FHA loans at this point of a 30-year term loan when LTV is 90% at time of closing.

$36,000

Applicants for Section 502 loans may have an income of up to this percentage of the AMI.

A customer with $4000 monthly income would qualify for this housing expense ratio for an FHA loan.

These percentages represent the housing expense ratio and total debt-to-income ratios for FHA.

What is the maximum prepayment penalty on a FHA loan?

This is the front-end and back-end ratio for VA loans.

Applicants for Section 502 loans must meet certain income requirements based on this.

Jane's gross monthly income is $5000, with total recurring debts of $275, and her maximum PITI payment for VA loan is this.

This federal database of delinquent federal debtors allows federal agencies to reduce the risk to federal loan and loan guarantee programs.

If a borrower's credit score is between 500-579 on FHA, this percentage of down payment is required.

Rank and length of service.

Based on the loan size, the upfront fee paid on closing for USDA mortgage insurance rates is this percentage.

This is the maximum amount of gross annual income that Jack can earn and qualify for using USDA financing if the AMI is $50,000?