Nmls safe act mlo exam - Study guides, Class notes & Summaries
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NMLS SAFE ACT MLO Exam - Federal Law (with Error-free Solutions)
- Exam (elaborations) • 39 pages • 2024
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If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you 
in regards to a loan, when does right to contact them expire? 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months correct answers C. 3 months 
An established business relationship with a company also will be created if you make an inquiry 
to the company, or submit an application to it. This kind of established business relationship 
exists for three months after the inquiry or application. During this time...
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NMLS SAFE ACT MLO Exam - Federal Law
- Exam (elaborations) • 37 pages • 2023
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NMLS SAFE ACT MLO Exam - Federal Law 
 
 
If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? 
 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months - ANSWER-C. 3 months 
 
An established business relationship with a company also will be created if you make an inquiry to the company, or submit an application to it. This kind of established business relationship exists for three months after the inqu...
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NMLS SAFE ACT MLO Exam - Ethics and Fraud | 105 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 38 pages • 2024
- Available in package deal
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A lender provides a borrower with an initial amortization schedule for Private Mortgage Insurance (PMI) 
disclosure at loan closing for an adjustable-rate mortgage. The lender MUST also provide a written notice 
stating the 
A. Lender's right to increase the monthly payment amount for PMI 
B. Borrower's right to refuse a PMI 
C. Lender's right to extend the time for monthly payments for a PMI 
D. Borrower's right to cancel PMI - D. Borrower's right to cancel PMI 
The Privacy Rule of the Gra...
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NMLS SAFE ACT MLO Exam - Federal Law | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 37 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to 
a loan, when does right to contact them expire? 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months - C. 3 months 
An established business relationship with a company also will be created if you make an inquiry to the 
company, or submit an application to it. This kind of established business relationship exists for three 
months after the inquiry or application. During this time, the company ...
-
NMLS SAFE ACT MLO Exam - Ethics and Fraud Exam Questions With 100% Correct Answers
- Exam (elaborations) • 37 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
NMLS SAFE ACT MLO Exam - Ethics and 
Fraud Exam Questions With 100% Correct 
Answers 
A lender provides a borrower with an initial amortization schedule for Private Mortgage 
Insurance (PMI) disclosure at loan closing for an adjustable-rate mortgage. The lender MUST 
also provide a written notice stating the 
A. Lender's right to increase the monthly payment amount for PMI 
B. Borrower's right to refuse a PMI 
C. Lender's right to extend the time for monthly payments for a PMI 
D. Borrower's...
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NMLS SAFE ACT MLO Exam 2023 with 100% correct answers
- Exam (elaborations) • 37 pages • 2023
-
Available in package deal
-
- $13.49
- + learn more
If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? 
 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months - correct answer -C. 3 months 
 
An established business relationship with a company also will be created if you make an inquiry to the company, or submit an application to it. This kind of established business relationship exists for three months after the inquiry or application. During this t...
-
NMLS SAFE ACT MLO Exam 2023 with 100% correct answers
- Exam (elaborations) • 39 pages • 2023
-
Available in package deal
-
- $17.49
- + learn more
A lender provides a borrower with an initial amortization schedule for Private Mortgage Insurance (PMI) disclosure at loan closing for an adjustable-rate mortgage. The lender MUST also provide a written notice stating the 
 
A. Lender's right to increase the monthly payment amount for PMI 
 B. Borrower's right to refuse a PMI 
 C. Lender's right to extend the time for monthly payments for a PMI 
 D. Borrower's right to cancel PMI - correct answerD. Borrower's right to cancel PMI 
 
The Priv...
-
NMLS SAFE ACT MLO Exam 2023 with 100% correct answers
- Exam (elaborations) • 37 pages • 2023
-
Available in package deal
-
- $17.49
- + learn more
If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? 
 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months - correct answer -C. 3 months 
 
An established business relationship with a company also will be created if you make an inquiry to the company, or submit an application to it. This kind of established business relationship exists for three months after the inquiry or application. During this t...
-
NMLS SAFE ACT MLO Exam - Federal Law Exam Questions with Correct Answers (100% Pass)
- Exam (elaborations) • 28 pages • 2024
- Available in package deal
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- $17.49
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NMLS SAFE ACT MLO Exam - Federal Law Exam Questions with Correct Answers (100% Pass) 
 
Which Regulation corresponds to The Real Estate Settlement Procedures Act (RESPA) ? 
 
A. regulation Y 
B. regulation V 
C. regulation Z 
D. regulation X - Answer-D. regulation X 
 
The term "Regulation X" can refer to two different regulations in the United States. One, passed by the Federal Reserve Board, concerns credit extended to people who purchase United States Treasury securities. The other, also kn...
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NMLS SAFE ACT MLO Exam - Ethics and Fraud 2023/2024
- Exam (elaborations) • 39 pages • 2023
-
Available in package deal
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- $10.99
- + learn more
NMLS SAFE ACT MLO Exam - Ethics and Fraud 2023/2024 
 
 
A lender provides a borrower with an initial amortization schedule for Private Mortgage Insurance (PMI) disclosure at loan closing for an adjustable-rate mortgage. The lender MUST also provide a written notice stating the 
 
A. Lender's right to increase the monthly payment amount for PMI 
 B. Borrower's right to refuse a PMI 
 C. Lender's right to extend the time for monthly payments for a PMI 
 D. Borrower's right to cancel PMI - ANS...
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