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REVIEW QUIZ II Previous Page | Next Page

 

  1. What is a VOE and what does it tell a lender?
  2. Why are debt-to-income ratios reviewed by lenders?
  3. What is a VOD and why is it used by lenders?
  4. Identify key information contained in a credit report?
  5. High ratios increase / decrease the lenderís risk. (circle one)
  6. Identify two acts that can reduce your ratios.



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