Exam (elaborations)
NMLS Practice Test | 100 Hard Questions with 100% Correct Answers | Verified | Latest Update 2024
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 favorable rate C.) The seller as part of the closing costs of a loan D.) A lender to ensure against f...
[Show more]