Exam (elaborations)
NMLS Practice Test Hard Questions | 100% Correct Answers | Verified | Latest 2024 Version
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A discount point is BEST described as a charge the borrower pays to: A.) A lender to decrease the interest rate on the mortgage loan B.) A mortgage broker at the time of application to obtain a favorable rate C.) The seller as part of the closing costs of a loan D.) A lender to ensure against f...
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