SOFE Exam AFE Topic 2 Question 3 Discussion

Actual exam question for SOFE's AFE exam

Question #: 3
Topic #: 2

Subsequent to the funding of a loan, the most common document/s obtained is/are:

ANew or updated appraisals as evidence of the current value of the property

BCurrent financial statements on the borrower or the property, if the property is income producing, as evidence of the borrower's continuing financial strength and of the property's continuing ability to produce income

CPeriodic inspection reports as evidence of the physical condition of the property

DBorrower's financial statements

Show Suggested Answer

Suggested Answer: A, B, C

by Jaclyn at May 06, 2022, 06:55 AM

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