Shrubbery hedge - Study guides, Class notes & Summaries
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NMLS Practice Test Hard Questions {Answered Correctly 2022}
- Exam (elaborations) • 19 pages • 2022
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NMLS Practice Test Hard Questions {Answered Correctly 2022} 
 
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 foreclosure 
 
A buyer has made an earnest money payment of $5,000. The buyer pays an additional $2,000 in option money to be credited a...
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NMLS Practice Test Hard Questions & Answers 2024/2025
- Exam (elaborations) • 18 pages • 2024
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NMLS Practice Test Hard Questions & Answers 2024/2025 
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 foreclosure - ANSWER-A.) A lender to decrease the interest rate on the mortgage loan 
 
A buyer has made an earnest money payment of $5,000. The ...
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NMLS Practice Test Hard Questions and Answers 2023 Graded A+
- Exam (elaborations) • 18 pages • 2023
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- $12.49
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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 foreclosure - ANSWER-A.) A lender to decrease the interest rate on the mortgage loan 
 
A buyer has made an earnest money payment of $5,000. The buyer pays an additional $2,000 in option money to be c...
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NMLS Practice Test Hard Questions And Answers Graded A+
- Exam (elaborations) • 17 pages • 2022
-
- $15.99
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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 foreclosure 
A.) A lender to decrease the interest rate on the mortgage loan 
 
 
 
A buyer has made an earnest money payment of $5,000. The buyer pays an additional $2,000 in option money to be credi...
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