Loan originator exam Study guides, Class notes & Summaries

S.A.F.E Mortgage Loan Originator Exam Questions & answers

S.A.F.E Mortgage Loan Originator Exam Questions & answers

e registry form that must be used for branch office is the: MU3 The registry that must be used for a non-licensed control person is the: MU2 When would a person convicted of arson not be eligible for licensure? For a least 15 years from the trigger date. A mortgage lender without a servicing endorsement requires a net worth of: 63,000.00 A mortgage lender without a servicing endorsement may only service a loan for: 6 months A branch manager of a mortgage b...

S.A.F.E Mortgage Loan Originator Exam|147 Questions with Complete Answers

Section 32 of TILA correct answers Deals with consumer protection triggered by high cost loan scenarios. Deals with added provisions and protections that are required if a loan trips one of two thresholds, or both. 1) Points of fee thresholds 2) APR thresholds Section 10 of RESPA correct answers 1) Includes provisions so that the borrower is informed about the amounts taken for an escrow account and also protects the borrower from being overcharged by requiring an escrow amount analysis ...

S.A.F.E Mortgage Loan Originator Exam Study Guide 2023 with complete solution

S.A.F.E Mortgage Loan Originator Exam Study Guide 2023 with complete solution

Florida Mortgage Loan Originator exam with complete verified solutions 2024

S.A.F.E Mortgage Loan Originator Exam GLBA - answerGramm-Leah-Bliley Act FTC - answerFederal Trade Commission FCC - answerFederal Communications Commission NPI - answerNon-public Personal Information Consumer - answerIndividual who obtains financial services for personal use Customer - answerContinuing relationship with a financial institute EBR - answerEstablished Business Relationship FACTA - answerFair Credit Reporting Act (Original FCRA) FHA - answerFair Housing Act & Federal Housin...