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NMLS Practice Test Hard Questions with Complete Solutions
- Tentamen (uitwerkingen) • 26 pagina's • 2022
- €11,71
- + meer info
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 credited at ...
Tentamen (uitwerkingen)
NMLS Practice Test Hard Questions with Complete Solutions
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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 credited at ...
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