Exam (elaborations)
Safe MLO Test Study Guide | 370+ Questions with 100% Correct Answers | Verified
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Prohibits Discrimination (including granting credit) - ANS - ECOA When is the latest time frame by which the MLO can distribute the Loan Estimate - ANS - 3 business days after receiving the application What is the difference between the note rate and the APR? - ANS - The note rate is the interes...
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