MLO試験無料問題集「NMLS Mortgage Loan Origination (SAFE MLO) 認定」

A. Withholding payment from an appraiser

B. Communication directly between the loan officer and the appraiser

C. Encouraging a target value

D. Asking the appraiser to substantiate a value

A. are an employee of a loan processing or underwriting company that supports a mortgage broker/lender and only perform supervised clerical duties.

B. perform clerical duties for a mortgage lender as a supervised employee

C. are not in communication with the consumer to obtain mortgage loan information.

D. are an independent contractor and collect, receive or distribute information in connection with making a credit decision.

A. are currently living with their parents.

B. have no down payment.

C. are self-employed.

D. are unemployed.

A. Whether the alimony payments the applicant relies on for income are likely to continue and to be consistently made

B. Whether the applicant's age makes them ineligible for credit-related insurance

C. Whether the applicant has a phone number listing in their name

D. Whether the applicant seems likely to have children

A. $50,000 for residential property structures

B. $150,000 for residential property structures

C. $350,000 for residential property structures

D. $250,000 for residential property structures

A. First as it will be combined with the 80% loan

B. Second

C. Second but combined with any other liens

D. First

A. The systematic denial of various services to residents of specific, often racially associated, neighborhoods or communities, either explicitly or through the selective raising of prices

B. The mortgage loan originator convincing the underwriter to move their loan file to the front of the line or "redline" it

C. The act of the mortgage lender putting a "red line" under the borrower's name in a file to indicate they are a substandard applicant

D. Ensuring that all creditworthy borrowers are afforded equal treatment when applying for a mortgage loan

A. No additional information required

B. Oral confirmation from the borrower

C. A letter from the borrower explaining that they paid it off

D. An updated statement showing a zero balance

A. is a mortgage modification.

B. allows a loan applicant to close on a loan even if all the stipulations have not been met.

C. is a right to cross or otherwise use someone else's land for a specified purpose.

D. allows a borrower to make less than the required payments without going through a full mortgage modification.