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Bundle for NMLS Tests | Updated & Verified

10 Items

NMLS SAFE EXAM QUESTIONS AND ANSWERS ALREADY PASSED

Primary Mortgage Market ✔✔Where credit institutions originate loans C. The maximum the rate can increase over the life of the loan ✔✔When an ARM h... [Show More]

Exam
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140

NMLS Questions and Answers Latest Updated 2022 Graded A

Acceleration Clause ✔✔Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienatio... [Show More]

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189

NMLS Practice Test Hard Questions with Complete Solutions

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 broke... [Show More]

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165

NMLS EXAM 2021 QUESTIONS AND ANSWERS 100% CORRECT

Fraud for money Laundering ✔✔-Criminal uses scheme known as value tampering -Criminal offers to buy house at reduced rate -Seller must sell at apprai... [Show More]

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155

NMLS License TEST Questions and Answers Rated A

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... [Show More]

Exam
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170

MLO SAFE NMLS safe test practice questions and answers 100% pass

Taking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, frequent refinancing that does not benefit the borrow... [Show More]

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244

Loan Officer – NMLS Questions and Answers Graded A+

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 3... [Show More]

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204

NMLS Practice Test Questions and Answers Rated A

) Seller can Sell property at a premium/profit with Fannie Mae financing after? 30 days •60 days •90 days ✔✔•90 days 2) A COFI index is defin... [Show More]

Exam
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176

NMLS QUESTIONS AND ANSWERS ALREADY PASSED

Qualified mortgages do not include risky features. What are they? ✔✔Permanent There are four categories of Qualified Mortgages. The following is not i... [Show More]

Exam
$6.45
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166

California State NMLS Practice Test Graded A+

"Federal banking agencies" include: Answers A. The Director of the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, a... [Show More]