Exam (elaborations)
NMLS SAFE EXAM 2024 WITH 100% CORRECT ANSWERS
- Course
- Institution
Primary Mortgage Market Answer - Where credit institutions originate loans C. The maximum the rate can increase over the life of the loan Answer - When an ARM has rate caps of 5/2/6, the 6 refers to what? A. The maximum rate increase at the initial adjustment B. The start rate for the loan C...
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