MLO試験無料問題集（123題）「NMLS Mortgage Loan Origination (SAFE MLO) 認定」

出題：1

According to Federal Reserve Regulation Z, which of the following fees is a finance charge in a residential mortgage transaction?

A. Credit report

B. Interest

C. Title Insurance

D. Notary

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：2

The TILA-RESPA Integrated Disclosure rule (TRID) applies to most closed-end consumer credit transactions secured by real property, which includes:

A. refinance of a condominium property.

B. loans secured by a mobile home on a leased lot.

C. reverse mortgages.
B home equity lines of credit (HELOCs;

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：3

In the loan application process, when must specific disclosures be provided to a borrower for an ARM?

A. When a loan is locked in

B. Within three days of a complete application

C. At closing

D. At first mention of an ARM loan

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：4

According to the TILA-RESPA Integrated Disclosure rule (TRID), changed circumstances that may result in a revised Loan Estimate include which of the following situations?

A. The borrower receiving a salary increase

B. A natural disaster in the area where the loan will close

C. Market fluctuations on a locked loan

D. Changes that the MLO should have known at the time the Loan Estimate was provided

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：5

The appraiser valuation independence obligates appraisers to perform their duties in a manner free from outside influence through which of the following actions?

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

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：6

An individual who is a loan processor or underwriter must maintain a state originator license if they:

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.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：7

A borrower has been approved for a new home loan and has completed all necessary paperwork. When should the borrower receive the Closing Disclosure?

A. 3 business days prior to consummation

B. 4 business days prior lo consummation

C. On the day of consummation

D. 1 business day prior to consummation

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：8

A borrower visits a mortgage loan originator (MLO) for Mortgage ABC to discuss getting a home equity line of credit (HELOC) loan from Bank LMN. The MLO encourages the borrower to apply with Bank XYZ instead because ABC does not provide HELOC loans. When the borrower submits an application directly to XYZ, XYZ pays the MLO $100 from the 1% origination fee that it collected from the borrower. Is this fee permissible?

A. The fee is not permitted as the MLO did not perform any actual origination services for the borrower, unless the fee was paid directly by the borrower.

B. The fee is permitted as the MLO performed origination services for the borrower.

C. The fee is not permitted as the MLO did not perform any actual origination services for the borrower.

D. The fee is permitted if the fee is disclosed on the final settlement statement.

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：9

How many days before consummation must a borrower receive a revised Loan Estimate?

A. 10 business days

B. 7 business days

C. 5 business days

D. 4 business days

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：10

According to Regulation Z, which of the following is a prohibited act?

A. Including undocumented child support payments made by the borrower

B. Advertising rates not currently available to applicants

C. Redisclosing a Loan Estimate immediately after locking the rate

D. Issuing disclosures to applicants

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

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