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

（A）Denying services to residents of a certain area based on race or ethnicity

（B）Denying services to residents in states that a company is not licensed in

（C）Highlighting areas of concern on an appraisal report

（D）Highlighting areas of concern on a mortgage application

（A）$1,000,000

（B）£250,000

（C）£500,000

（D）$750,000

（A）net monthly income

（B）gross monthly income.

（C）loan amount.

（D）taxable income.

（A）seller of the property.

（B）lender providing the financing.

（C）settlement agent.

（D）mortgage loan officer.

（A）advise the borrower that the MLO can do the refinance loan as a non-owner-occupied loan and the purchase loan as an owner-occupied loan.

（B）refer the borrower to another lender for the purchase loan so that the MLO is permitted to get a commission on the refinance loan.

（C）take both applications and do one loan "in house" and broker the second loan to another lender.

（D）refer the purchase loan to another MLO in their company to obtain a referral fee.

（A）Fixed payments every month, but the interest rate adjusts monthly.

（B）Adjustable payments every month based on an adjustable interest rate.

（C）Monthly payments for a specified amount of time that then roll over to principal-only payments because the interest has already been paid.

（D）Payments of interest for a specified amount of time.

（A）It provides a three-day cooling-off period for all loans

（B）It ensures that the terms and fees that are quoted at the time of application do not change.

（C）It aids borrowers in understanding the loan transaction process by utilizing readily understandable language.

（D）It allows borrowers five days to review the final amount needed for settlement.

（A）Allow the application to be underwritten before raising any concerns

（B）Take no action as the property was occupied at the time of application

（C）Notify the MLO's employer and/or the mortgage lender of the discovery

（D）Allow the mortgage loan processor and/or underwriter to discover this through their due diligence processes

（A）89%

（B）80%

（C）88%

（D）90%

（A）Interest-only mortgage loans.

（B）High-interest mortgage loans.

（C）30-year, fixed-rate mortgage loans.

（D）Fully amortizing mortgage loans.

（A）Origination charge

（B）Public record recording fee

（C）Transfer tax charge

（D）Credit report fee

（A）The property suffers damage causing the value to fall below the appraised value.

（B）The borrower is unable to pay the loan.

（C）There is a prior lien against the property.

（D）The lender is not able to find an investor to purchase the loan.

（A）Title insurance fee

（B）Prepaid interest fee

（C）Underwriting fee

（D）Appraisal fee

（A）15%

（B）10%

（C）25%

（D）20%

（A）Special information booklet

（B）Loan application

（C）Appraisal disclosure

（D）Affiliated business arrangement

（A）45 days

（B）31 days

（C）14 days

（D）60 days

（A）One written appraisal and one broker price opinion

（B）One written appraisal only and one automated valuation model

（C）Two written appraisals and one automated valuation model

（D）Two written appraisals only

（A）No later than three business days before consummation.

（B）No later than seven business days before consummation.

（C）Within three business days of the loan application date.

（D）No later than one business day before consummation.

（A）the APR and the costs of acquiring and maintaining the HELOC.

（B）if the HELOC is insured by HUD.

（C）if the HELOC requires private mortgage insurance

（D）if the company offering the HELOC has deposit accounts insured by the FDIC.

（A）Withholding payment from an appraiser

（B）Asking the appraiser to substantiate a value

（C）Encouraging a target value

（D）Communication directly between the loan officer and the appraiser