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Bundle for NMLS Tests Compilation

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 Business> EXAM > NMLS Practice Test | 100% Correct Answers (All)

NMLS Practice Test | 100% Correct Answers

1) 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 defined as? Cost of funds index •Cost of financial inde...

By Tessa

EXAM

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 Business> EXAM > California State NMLS Practice Test | 100 Questions | 100% Correct Answers (All)

California State NMLS Practice Test | 100 Questions | 100% Correct Answers

"Federal banking agencies" include: Answers A. The Director of the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, and FDIC B. Fannie Mae and Freddie Mac C. Th...

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EXAM

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 Business> EXAM > NMLS Test Study Questions | 140 Questions | 100% Correct Answers (All)

NMLS Test Study Questions | 140 Questions | 100% Correct Answers

The Lender Credit section of the LE and CD can be found where? - ✔✔Section J The Loan Estimate after disclosure must be kept for how long? - ✔✔3 yrs after disclosure Are State-specific disclosures...

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EXAM

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 Business> EXAM > NMLS Practice Test Hard Questions | 100 Questions | 100% Correct Answers (All)

NMLS Practice Test Hard Questions | 100 Questions | 100% Correct Answers

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 broker at the time of application to obtain a favo...

By Tessa

EXAM

$10

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Uploaded On

Aug 14, 2022

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