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PSI Test Practice Questions and answers, 2022/2023. Graded A+. Questions bank Document Content and Description Below PSI Test Practice Questions and answers, 2022/2023. Graded A+ Agency disclosure requirements apply in all of the following transactions EXCEPT A) resale of foreclosed properties B) commercial leases C) new construction D) multifamily sales - B) commercial leases The period of time over which an improvement to the property will remain useful for its original purpose is known as i...

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...