Track Record Quiz

Track Record Quiz

Professional Development

10 Qs

quiz-placeholder

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Track Record Quiz

Track Record Quiz

Assessment

Quiz

Other

Professional Development

Practice Problem

Easy

Created by

Poppy Holmes

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer isn't allowed to put a deposit down on a track record mortgage

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum mortgage term we allow on track record?

50 years

35 years

25 years

40 years

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is the minimum age the applicant must be?

21

18

25

20

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the customer is doing a track record mortgage and will be getting 4% incentives from the developer, what is the maximum LTV we would allow them to have?

100%

95%

90%

85%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Do we allow gifted deposits on a track record mortgage?

Yes

No

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many months rental payments do we need to see the customer has made?

9

24

6

12

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

We don't allow customers to purchase a new build flat on a track record mortgage

True

False

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