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Question 251 - CTFA discussion

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Prequalification provides estimates of required down payment and closing costs of different types of mortgages. It identifies in advance any problems such as:

A.
Credit report errors
Answers
A.
Credit report errors
B.
Bargaining power with the seller of a house
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B.
Bargaining power with the seller of a house
C.
Mortgage loans
Answers
C.
Mortgage loans
D.
Earnest money deposit
Answers
D.
Earnest money deposit
Suggested answer: A
asked 16/09/2024
Sharankumar Nadarajah
32 questions
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