FHA or VA help lower-income individuals buy homes

Assignment Help Financial Management
Reference no: EM131562467

How does the FHA or VA help lower-income individuals buy homes (Select the best answer below.)

A. FHA loans require higher down payments and often carry higher interest rates. Veterans Administration, or VA loans, provide a similar service for U.S. military veterans.

B. FHA loans require lower down payments and often carry lower interest rates. Veterans Administration, or VA loans, provide a similar service for U.S. military veterans.

C. Veterans Administration, or VA loans, require lower down payments and often carry lower interest rates. Federal Housing Administration loans, or FHA loans, provide a similar service for U.S. military veterans.

D. FHA loans require lower down payments and often carry lower interest rates. Veterans Administration, or VA loans, provide a similar service for orphaned children of U.S. military veterans.

Reference no: EM131562467

Questions Cloud

What is the geometric return for cherry jalopies : What is the geometric return for Cherry Jalopies, Inc.?
Associated with one-week suspension of all us-based flight : If you are an airline company, hedging against the revenue loss that would be associated with a one-week suspension of all US-based flights,
Hot firm capital structure-common equity-preferred equity : Hot firm's capital structure is: 40% debt, 50% common equity, 10% preferred equity.
Assuming perfect capital markets : It plans to distribute $115 million through an open market repurchase. Assuming perfect capital markets.
FHA or VA help lower-income individuals buy homes : How does the FHA or VA help lower-income individuals buy homes?
Effect of one-time share repurchase on the stock price : Which of the following is true regarding the effect of a one-time share repurchase on the stock price?
What price maximizes this profit : Then, wanting to learn about your costs, you than ran the following regression: Based on this information, what price maximizes this profit?
Some more traditional assets have option like features : Some more "traditional" assets have option like features; some of these instruments include
Real estate commission is computed : A real estate commission is computed at 4% on the first $65,000, What is the commission on a $182, 381 sale?

Reviews

Write a Review

Financial Management Questions & Answers

  What is the debt deflation process

Why is the Great Depression of the 1930s considered to be the worst economic downturn in U.S. history?- What role did the bank panics of the early 1930s play in explaining the severity of the Great Depression?

  What is coupon rate for bond

To calculate the number of years until maturity, assume that it is currently May 2013. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 18 103.5605 103.6487 +.3158 2.549 5.774 May 23 104.5095 104.6552 +.4425 ?? 6.218 May 33 ?? ?? +.5548 4.251 Require..

  Discuss how portfolio beta compares to your own willingness

Discuss how the portfolio beta compares to your own willingness to take risks. Discuss whether you would rather hold an individual stock or a portfolio of stocks.

  Calculate the profitability index for project

You are asked to evaluate the following two projects for the Norton corporation. Use a discount rate of 14 percent. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Calculate..

  Estimate the yield for this investment

Assume that an investor generates the following income stream and can be purchased at the beginning of 209 for $1000 and sold at the end of 2015 for $1200. Estimate the yield for this investment. If a minimum return of 9% is required, would you recom..

  Interpret the function of the financial balance sheet

Examine the role of management as it relates to finance in a corporation. In your post, discuss the role of management by addressing the following prompts: Explain the various aspects of finance that management must understand. Interpret the function..

  What if the rate was compounded daily

Assume that you have been quoted an investment that will pay you $1000 each month for the next 40 years. If you are quoted a 5.00% rate compounded monthly. How much would you value this cash flow? What if the rate was compounded daily? Note: the cash..

  Accounting terms can be different from free cash flow

Give at least two examples of how income in accounting terms can be different from free cash flow?

  Compare the advantages of machine by present worth method

Machine A costs $17000 and has annual operating costs of $4500. Machine B costs $14000 and has an annual operating cost of $4800. Each machine has an economic life of 10 years. If the minimum required rate of return is 10 percent, compare the advanta..

  Returns for various states of the economy

Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. If the account earns 10% per year, what is the amount of ea..

  Earn an effective annual return on its consumer loans

Magnus Credit Corp. wants to earn an effective annual return on its consumer loans of 15.25 percent per year. The bank uses daily compounding on its loans.

  What is the price of share of this common stock

If a large corporation paid a dividend of $3.49 this past year, and there is a growth rate of 3.5%, based upon a 7% rate of return, what is the price of share of this common stock?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd