### What is Employer-Assisted Housing? - [ ] Housing provided directly by the employer - [x] A program where employers help employees obtain home loans - [ ] Government-funded housing programs - [ ] Employee living quarters on company premises > **Explanation:** Employer-Assisted Housing involves employers building relationships with lenders to assist employees in obtaining home loans. This may include having an onsite housing counselor who helps employees navigate the home buying process. ### Which of the following is a component of an Employer-Assisted Housing program? - [x] An onsite housing counselor to pre-screen employees - [ ] Providing down payment funds directly to employees - [ ] Offering employee dormitories - [ ] Covering full mortgage payments for employees > **Explanation:** Employer-Assisted Housing programs often include an onsite housing counselor who pre-screens employees by obtaining credit reports and helping them meet lender requirements for home loans. ### What type of relationship does an employer establish in an Employer-Assisted Housing program? - [ ] A relationship with state housing authorities - [x] A relationship with one or more lenders - [ ] Partnerships with real estate agents - [ ] Bonds with tenant unions > **Explanation:** In Employer-Assisted Housing programs, employers establish relationships with lenders to assist employees with obtaining home loans. This facilitates employee access to mortgage services. ### How do housing counselors in Employer-Assisted Housing programs help employees? - [x] By pre-screening and guiding them through loan qualification steps - [ ] By providing them with direct monetary aid - [ ] By building homes for them - [ ] By negotiating mortgage terms directly with banks > **Explanation:** Housing counselors in Employer-Assisted Housing programs pre-screen employees and guide them through the necessary steps to meet lender qualification requirements, helping to resolve any issues that might impede loan approval. ### What is the role of a housing counselor in Employer-Assisted Housing? - [x] To pre-screen and guide employees during the loan application process - [ ] To find rental properties for employees - [ ] To build homes for employees - [ ] To act as legal representatives for employees in real estate transactions > **Explanation:** The primary role of a housing counselor in Employer-Assisted Housing is to pre-screen employees, help them fix any credit deficiencies, and guide them through the loan application process, ensuring they meet the lender’s basic requirements. ### At what point are employees referred to the lender in an Employer-Assisted Housing program? - [x] After meeting the basic requirements established by the lender - [ ] As soon as they express interest in buying a home - [ ] After signing a rental agreement - [ ] Following approval from a government housing authority > **Explanation:** Employees are referred to the lender only after they have met the basic requirements as established by the lender through the pre-screening process of the housing counselor. ### What is the main benefit of having a housing counselor in Employer-Assisted Housing? - [ ] Building homes on behalf of the employees - [ ] Negotiating lower mortgage rates - [x] Helping employees fix deficiencies and qualify for loans - [ ] Providing rent subsidies > **Explanation:** The main benefit of having a housing counselor in Employer-Assisted Housing programs is to help employees fix any deficiencies, such as credit issues, and qualify for home loans by navigating lender requirements. ### How does Employer-Assisted Housing typically view an employee’s credit report? - [ ] To evaluate eligibility for rental properties - [ ] To determine workplace promotions - [x] To pre-screen for loan eligibility - [ ] To secure employee job benefits > **Explanation:** In Employer-Assisted Housing programs, an employee's credit report is used to pre-screen and evaluate their eligibility for obtaining a home loan, not for other unrelated purposes such as rentals, job promotions, or benefits. ### What can an Employer-Assisted Housing program offer aside from pre-screening and counseling? - [ ] Employee discounts on home appliances - [ ] Direct home construction services - [ ] Monthly rental subsidies - [x] Other housing-related assistance programs > **Explanation:** Aside from pre-screening and counseling, Employer-Assisted Housing programs may offer various other housing-related assistance programs intended to benefit the employees, though these direct construction services or discounts on appliances are not typically included. ### Who assists employees in fixing deficiencies that might prevent loan approval in Employer-Assisted Housing? - [ ] Real Estate Agents - [ ] Government Officials - [x] Housing Counselors - [ ] Loan Officers > **Explanation:** In Employer-Assisted Housing programs, housing counselors work with employees to help fix any deficiencies (e.g., credit issues) that might interfere with loan approval, guiding them towards meeting the lender's requirements.