Finance
A Pennsylvania commercial real estate loan with a 1.25 DSCR means:
AThe property generates 25% more income than needed to cover debt service✓ Correct
BThe loan-to-value ratio is 1.25%
CThe interest rate is 25 basis points above prime
DThe loan has 25 months of debt service reserves
Explanation
DSCR (Debt Service Coverage Ratio) = NOI ÷ Annual Debt Service. A 1.
Related Pennsylvania Finance Questions
- What is a 'reverse mortgage' and how does it benefit qualifying Pennsylvania homeowners?
- A 'lock-in period' in a Pennsylvania mortgage means:
- A mortgage held 'in portfolio' by a Pennsylvania community bank means:
- An interest-only loan in Pennsylvania requires the borrower to pay:
- Predatory lending targeting elderly Pennsylvania homeowners with high-fee reverse mortgage products or excessive home equity loan terms may violate:
- A Pennsylvania borrower uses a 203(k) FHA loan to purchase a home. This loan is designed for:
- The loan-to-value (LTV) ratio on a Pennsylvania home purchase of $300,000 with a $60,000 down payment is:
- A Pennsylvania seller who agrees to pay buyer closing costs as a seller concession is typically limited by the lender to a maximum of:
Practice More Pennsylvania Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Pennsylvania Quiz →