Mortgage nmls - Study guides, Class notes & Summaries
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NMLS Safe Test Mortgage Licensing Practice Exam Questions with correct answers.
- Exam (elaborations) • 48 pages • 2024
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NMLS Safe Test Mortgage Licensing Practice Exam Questions with correct answers.
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NMLS exam 2024 with 100% correct answers
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NMLS exam 2024 with 100% correct answers 
 
 
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 - correct 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 Safe Test Mortgage Licensing Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass.
- Exam (elaborations) • 28 pages • 2023
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NMLS Safe Test Mortgage Licensing 
Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass. 
NMLS Safe Test Mortgage Licensing 
Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass.NMLS Safe Test Mortgage Licensing 
Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass.
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NMLS Safe Test Mortgage Licensing Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass.
- Exam (elaborations) • 28 pages • 2023
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- $17.99
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NMLS Safe Test Mortgage Licensing 
Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass. 
NMLS Safe Test Mortgage Licensing 
Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass.NMLS Safe Test Mortgage Licensing 
Practice Exam Questions Solved 100% Correct.Latest Update/ Guaranteed Pass.
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NMLS Safe Test Mortgage Licensing Practice Exam Q's (from 2019 NMLS 20 Hour Safe Exam for Loan Originator) with Complete Solutions
- Exam (elaborations) • 29 pages • 2023
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NMLS Safe Test Mortgage Licensing Practice Exam Q's (from 2019 NMLS 20 Hour Safe Exam for Loan Originator) with Complete SolutionsNMLS Safe Test Mortgage Licensing Practice Exam Q's (from 2019 NMLS 20 Hour Safe Exam for Loan Originator) with Complete SolutionsNMLS Safe Test Mortgage Licensing Practice Exam Q's (from 2019 NMLS 20 Hour Safe Exam for Loan Originator) with Complete SolutionsWhich federal law requires that the Loan Estimate be provided to the borrower within three business days of...
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NMLS Safe Test Mortgage Licensing Practice Exam Q's Questions and Answers
- Exam (elaborations) • 29 pages • 2024
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Available in package deal
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NMLS Safe Test Mortgage Licensing Practice Exam Q's
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NMLS Safe Test Mortgage Licensing Practice Exam Q's
- Exam (elaborations) • 29 pages • 2024
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Available in package deal
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- $15.49
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NMLS Safe Test Mortgage Licensing Practice Exam Q's
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NMLS Safe Test Mortgage Licensing Practice Exam Questions With Verified Answers
- Exam (elaborations) • 29 pages • 2024
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NMLS Safe Test Mortgage Licensing 
Practice Exam Questions With Verified 
Answers 
Which federal law requires that the Loan Estimate be provided to the borrower within three 
business days of the time of loan application is taken? - answerTILA 
What type of scam entails homeowners who are encouraged to refinance their property over and 
over until little or no equity remains? - answerLoan flipping or churning 
After a loan closing, funds are disbursed. When are the funds disbursed for an owner-o...
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NMLS S.A.F.E Exam Practice Questions
- Exam (elaborations) • 40 pages • 2024
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NMLS S.A.F.E Exam Practice Questions 
 
Enhancing protection and reducing fraud by directing states to adopt minimum uniform 
standards for the licensing and registration of residential mortgage loan originators was the 
purpose of the federal act known as the: 
 
a. S.A.F.E. Act 
b. Federal Trade Act 
c. Consumer Financial Protection Act 
d. Dodd-Frank Act - a. S.A.F.E. Act 
 
Loan processors and underwriters may not: 
 
a. Communicate with consumers to obtain information necessary for loan pro...
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NMLS Safe Test Mortgage Licensing Practice Exam With Complete Answers 2024.
- Exam (elaborations) • 39 pages • 2024
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NMLS Safe Test Mortgage Licensing Practice Exam With Complete Answers 2024. 
Which federal law requires that the Loan Estimate be provided to the borrower within three business days of the time of loan application is taken? - correct answer TILA 
 
What type of scam entails homeowners who are encouraged to refinance their property over and over until little or no equity remains? - correct answer Loan flipping or churning 
 
After a loan closing, funds are disbursed. When are the funds disbursed...
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