Font size
WorksheetsLoan Genius Mortgage Trivia
Total questions: 7
Worksheet time: 4mins
In mortgage lending, what do the letters FHA Stand for?
First-time Homebuyer Association
Federal Housing Assistance
Federal Homebuyer Association
Federal Housing Administration
Federal Housing Association
What is the Maximum Debt to Income Ratio on an FHA loan?
45%
50%
57%
65%
Why should you refer your buyers to Loan Genius?
We have no upfront “junk fees” like processing or underwriting fees on FHA, VA, and Conventional loans, saving your buyers $1200-$1500.
We have rates and pricing that are so good, in addition to waiving upfront fees we often give back 1.5% to 2% of their loan amount in lender credit for closing costs. $300k loan = extra $6,000 in their pocket.
We do all types of loans and have specialty programs for almost every situation. Including self-employed borrowers who don’t qualify using tax returns, foreign nationals, non-warrantable condos, construction/rehab loans.
Our loan officers go to the closing, bring a closing gift, and have a champagne toast with you and your buyers creating a memorable celebration and lasting impression of their experience, helping you earn more referrals.
In Broward County, what is the maximum mortgage limit for a VA Loan?
356,500
484,300
457,000
No Limit
1,000,000
If a homebuyer receives their closing disclosure (CD) on Wednesday, what is the earliest possible day they can close and fund?
Monday
Tuesday
Wednesday
Thursday
Friday
If a homebuyer receives their closing disclosure (CD) on Thursday, what is the earliest possible day they can close and fund?
Monday
Tuesday
Wednesday
Thursday
Friday
Who are you going to call for your next pre-approval?
Loan Genius
Loan Genius
Loan Genius
Loan Genius. And I have already saved your number in my phone.
