최신 MLO 무료덤프 - NMLS Mortgage Loan Origination (SAFE MLO)

A. A borrower has an option to take out a second mortgage

B. A purchaser of a property may be able to take over the existing loan payments.

C. A borrower has an option to choose a loan servicer.

D. A loan holder can sell the loan.

A. two service providers split a fee.

B. fees are split between lender and broker.

C. wages are split by two employees.

D. three companies split a fee but one did no work.

A. had an MLO license suspended in any governmental jurisdiction.

B. never been licensed or registered as an MLO in any governmental jurisdiction.

C. taken and failed the SAFE MLO National Test three times within the last year.

D. been convicted of a felony within the past seven years.

A. Mortgage loan loss mitigation standards

B. 30-year conventional mortgage lending standards

C. Credit score modeling standards

D. Nontraditional mortgage lending standards

A. 5 business days

B. 7 business days

C. 10 business days

D. 4 business days

A. Taking an application

B. Offering or negotiating credit terms

C. Performing real estate brokerage activities

D. Assisting a consumer in applying for credit

A. Seller's points offered to reduce the borrower's closing costs

B. A standard credit application fee charged to all loan applicants

C. Document preparation fees for items such as mortgages and deeds

D. Daily or per diem interest paid by borrower

A. An origination fee

B. A late payment fee

C. An appraisal fee

D. A notary fee

A. Providing a consumer with a Homebuyer's Toolkit

B. Providing a consumer with the loan policies of the lender

C. Communicating with a consumer to arrange a loan closing

D. Communicating the details of an offer for the first time over the phone

A. redlining.

B. appraising.

C. low balling.

D. steering.