Training Support Department:
I noticed on my Knowledge Assessment that I had some incorrect answers that are actually correct.
Please double check:
- That pricings for some FHA products have MIP that cancel once LTV reaches 78%. FHA.com under MI pricing.
- That Down Payment Assistance not only can be found under the HUD website, but also the FHA website under Grant Programs.
- That the FHA EEM can add + 2% to the Housing Ratio NOT just the back end.
Please double check my exam as these questions were on my test. My score would result to a passing grade.
I look forward to hearing back to you....
Thank you for your time.
Leon B. Melendres Jr.