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There shall be a wall switch at each floor to control stairway lighting where the stairway has _____ 
or more risers 6 
Bathtubs should be equipped with the waste outlets and overflow outlets connected to piping at 
least _____ inches in diameter 1.5 inches 
Doors between the garage and residence shall be equipped with a Self-closing door 
The _____ shall not be considered as an effective ground-fault current path Earth 
For natural ventilation for habitable rooms, the min openable area to the o...
- Exam (elaborations)
- • 104 pages's •
-
Udemy•Home Inspector National
Preview 4 out of 104 pages
There shall be a wall switch at each floor to control stairway lighting where the stairway has _____ 
or more risers 6 
Bathtubs should be equipped with the waste outlets and overflow outlets connected to piping at 
least _____ inches in diameter 1.5 inches 
Doors between the garage and residence shall be equipped with a Self-closing door 
The _____ shall not be considered as an effective ground-fault current path Earth 
For natural ventilation for habitable rooms, the min openable area to the o...
During an inspection of a gas dryer, you observe no exhaust vent. Your report should: 
A. Recommend installing a metal dryer duct vented to the exterior. 
B. Recommend installing a flexible plastic dryer duct vented to the exterior. 
C. Indicate a code violation and state that corrective action should be taken. 
D. Indicate that this is not a problem. A) Recommend installing a metal dryer duct vented to 
the exterior. 
A collar tie is found in: 
A. the attic near the top plate 
B. the basement b...
- Exam (elaborations)
- • 12 pages's •
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Udemy•National Home Inspector Whole House Pr
Preview 2 out of 12 pages
During an inspection of a gas dryer, you observe no exhaust vent. Your report should: 
A. Recommend installing a metal dryer duct vented to the exterior. 
B. Recommend installing a flexible plastic dryer duct vented to the exterior. 
C. Indicate a code violation and state that corrective action should be taken. 
D. Indicate that this is not a problem. A) Recommend installing a metal dryer duct vented to 
the exterior. 
A collar tie is found in: 
A. the attic near the top plate 
B. the basement b...
For mechanical systems, a level working space at least _____________________ inches deep and 
_____________________ inches wide shall be provided in front of the control side to service an 
appliance. 30"; 30" 
When mechanical equipment is located in attics, it shall not be further than 
_____________________feet from the attic access. 20' 
Attics containing mechanical appliance shall be provided with an opening and a clear and 
unobstructed passageway to allow removal of the ________________...
- Exam (elaborations)
- • 7 pages's •
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Udemy•TREC Home Inspector National – HVAC
Preview 2 out of 7 pages
For mechanical systems, a level working space at least _____________________ inches deep and 
_____________________ inches wide shall be provided in front of the control side to service an 
appliance. 30"; 30" 
When mechanical equipment is located in attics, it shall not be further than 
_____________________feet from the attic access. 20' 
Attics containing mechanical appliance shall be provided with an opening and a clear and 
unobstructed passageway to allow removal of the ________________...
There is no gravel behind the wall. A poured concrete retaining wall with weep holes is 
rotating. What is the most likely reason for the rotation? 
The gutters are blocked. A poured concrete basement wall has a 1/4" wide crack where the 
wall is bowing slightly. Brown stains are below the crack. What is the most likely reason for this 
condition? 
The soil has settled at the foundation. A concrete block basement wall has significant 
efflorescence. What is the most likely reason for this condi...
- Exam (elaborations)
- • 10 pages's •
-
Udemy•National Home Inspector Ex 2022 Already P
Preview 2 out of 10 pages
There is no gravel behind the wall. A poured concrete retaining wall with weep holes is 
rotating. What is the most likely reason for the rotation? 
The gutters are blocked. A poured concrete basement wall has a 1/4" wide crack where the 
wall is bowing slightly. Brown stains are below the crack. What is the most likely reason for this 
condition? 
The soil has settled at the foundation. A concrete block basement wall has significant 
efflorescence. What is the most likely reason for this condi...
Primary Mortgage Market Where credit institutions originate loans 
C. The maximum the rate can increase over the life of the loan 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. The maximum the rate can increase over the life of the loan 
D. The rate maximum the rate can decrease over the life of the loan 
B. The borrower qualified at the buydown rate When utilizing a temporary buydown to lower...
- Exam (elaborations)
- • 88 pages's •
-
Udemy•NMLS SAFE EXA ALREADY PASSE
Preview 4 out of 88 pages
Primary Mortgage Market Where credit institutions originate loans 
C. The maximum the rate can increase over the life of the loan 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. The maximum the rate can increase over the life of the loan 
D. The rate maximum the rate can decrease over the life of the loan 
B. The borrower qualified at the buydown rate When utilizing a temporary buydown to lower...
Acceleration Clause Allows lenders to demand payment in full if the borrower defaults on the 
loan (can be construed as predatory lending) 
Alienation Clause (Due on Sale Clause) Says you must repay your mortgage if you sell your 
home to a new owner (loan is not assumable) 
Appraiser Independance Requirements replaced HVCC home valuation code of conduct 
Due on Demand Clause (Considered a predatory practice) The lender can demand repayment 
of the loan in full at anytime for any reason 
HOEPA H...
- Exam (elaborations)
- • 44 pages's •
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Udemy•NMLS Updated 2022 Gra
Preview 4 out of 44 pages
Acceleration Clause Allows lenders to demand payment in full if the borrower defaults on the 
loan (can be construed as predatory lending) 
Alienation Clause (Due on Sale Clause) Says you must repay your mortgage if you sell your 
home to a new owner (loan is not assumable) 
Appraiser Independance Requirements replaced HVCC home valuation code of conduct 
Due on Demand Clause (Considered a predatory practice) The lender can demand repayment 
of the loan in full at anytime for any reason 
HOEPA H...
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 ...
- Exam (elaborations)
- • 26 pages's •
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Udemy•NMLS Practice
Preview 3 out of 26 pages
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 ...
Fraud for money Laundering -Criminal uses scheme known as value tampering 
-Criminal offers to buy house at reduced rate 
-Seller must sell at appraised value on paper, but after closing, seller give the criminal the 
difference in cash. 
Adverse Action An unfavorable credit decision rendered against a consumer made on 
the basis of information contained on the credit application. If a lender takes adverse 
action against an applicant, the lender must notify the applicant in writing. If the adve...
- Exam (elaborations)
- • 17 pages's •
-
Udemy•NMLS EXA2021
Preview 3 out of 17 pages
Fraud for money Laundering -Criminal uses scheme known as value tampering 
-Criminal offers to buy house at reduced rate 
-Seller must sell at appraised value on paper, but after closing, seller give the criminal the 
difference in cash. 
Adverse Action An unfavorable credit decision rendered against a consumer made on 
the basis of information contained on the credit application. If a lender takes adverse 
action against an applicant, the lender must notify the applicant in writing. If the adve...
The practice of getting people to sell their homes at bargain prices by suggesting that certain ethnic 
groups are going to move into the area is nicknamed: 
1. Price fixing 
2. Redlining 
3. Steering 
4. Blockbusting 4. Blockbusting 
You and the borrower believe an Adjustable Rate Mortgage would be best for the borrower. What 
is the name of the booklet you are required to give? 
1.CHARM Booklet 
2.ARM Disclosure 
3.Fair Lending Practices Booklet 
4.RESPA Booklet 1.CHARM Booklet 
How many days ...
- Exam (elaborations)
- • 78 pages's •
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Udemy•NMLS License Rated A
Preview 4 out of 78 pages
The practice of getting people to sell their homes at bargain prices by suggesting that certain ethnic 
groups are going to move into the area is nicknamed: 
1. Price fixing 
2. Redlining 
3. Steering 
4. Blockbusting 4. Blockbusting 
You and the borrower believe an Adjustable Rate Mortgage would be best for the borrower. What 
is the name of the booklet you are required to give? 
1.CHARM Booklet 
2.ARM Disclosure 
3.Fair Lending Practices Booklet 
4.RESPA Booklet 1.CHARM Booklet 
How many days ...
ECOA - REG B Equal Credit Opportunities Act 
If App for Cedit is Denied based on Appraisal, Borrower has 90 days to request a copy then Lender 
has 30 days to deliver 
HMDA - REG C Home Mortgage Disclosure Act 
Found in: 
Section 10 of 10-03 Loan App 
Government Monitoring Section 
Eliminates / Identifies Possible Discrimination 
RESPA - REG X Real Estate Settlement Procedures Act 
TIL/TILA - REG Z Truth in Lending Act (2015) 
Deals with: (Of Consumer Loans) 
Credit 
APR 
Advertising 
HPA Homeow...
- Exam (elaborations)
- • 45 pages's •
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Udemy•Loan Officer – NMLS Graded A
Preview 4 out of 45 pages
ECOA - REG B Equal Credit Opportunities Act 
If App for Cedit is Denied based on Appraisal, Borrower has 90 days to request a copy then Lender 
has 30 days to deliver 
HMDA - REG C Home Mortgage Disclosure Act 
Found in: 
Section 10 of 10-03 Loan App 
Government Monitoring Section 
Eliminates / Identifies Possible Discrimination 
RESPA - REG X Real Estate Settlement Procedures Act 
TIL/TILA - REG Z Truth in Lending Act (2015) 
Deals with: (Of Consumer Loans) 
Credit 
APR 
Advertising 
HPA Homeow...