Free NMLS MLO Exam Questions
Absolute Free MLO Exam Practice for Comprehensive Preparation
-
NMLS MLO Exam Questions
-
Provided By: NMLS
- Exam: Mortgage Loan Origination (SAFE MLO) Exam
- Certification: SAFE MLO
-
Total Questions: 122
-
Updated On: Nov 19, 2024
-
Rated: 4.9 |
-
Online Users: 244
-
Question 1
-
Under the TILA-RESPA Integrated Disclosure rule (TRID), what is the minimum time period that must pass
between a borrower's receipt of a Loan Estimate and the closing of a mortgage loan?
Answer: A
-
Under the TILA-RESPA Integrated Disclosure rule (TRID), what is the minimum time period that must pass
between a borrower's receipt of a Loan Estimate and the closing of a mortgage loan?
-
Question 2
-
Which of the following circumstances may indicate fraud with respect to the assets a borrower will use for
closing?
Answer: A
-
Which of the following circumstances may indicate fraud with respect to the assets a borrower will use for
closing?
-
Question 3
-
An easement:
Answer: B
-
An easement:
-
Question 4
-
A woman and her son meet with a mortgage loan originator (MLO) about refinancing the mother's home.
During the meeting, the MLO senses that the mother is against the transaction and may be being unfairly
coerced into the procedure. In which of the following ways should the MLO proceed?
Answer: A
-
A woman and her son meet with a mortgage loan originator (MLO) about refinancing the mother's home.
During the meeting, the MLO senses that the mother is against the transaction and may be being unfairly
coerced into the procedure. In which of the following ways should the MLO proceed?
-
Question 5
-
Under the TILA-RESPA Integrated Disclosure rule (TRID), what is the minimum time period that must pass
between a borrower's receipt of a Loan Estimate and the closing of a mortgage loan?
Answer: A
-
Under the TILA-RESPA Integrated Disclosure rule (TRID), what is the minimum time period that must pass
between a borrower's receipt of a Loan Estimate and the closing of a mortgage loan?