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

（A）never been licensed or registered as an MLO in any governmental jurisdiction.

（B）taken and failed the SAFE MLO National Test three times within the last year.

（C）been convicted of a felony within the past seven years.

（D）had an MLO license suspended in any governmental jurisdiction.

（A）After the 3rd business day

（B）After the 5th business day

（C）After the 10th business day

（D）After the 7th business day

（A）A payment to its own employees for lender referral activities

（B）A payment to a real estate agent for loan referral activities

（C）A payment to an attorney for services actually rendered

（D）A payment to the lender's duly appointed agent or contractor for services actually performed in the origination, processing or funding of a loan

（A）Accept the documentation supplied by the borrower

（B）Verify information by third parties not involved in the transaction

（C）Accept the documentation supplied by both the borrower and the MLO

（D）Verify the income information by a settlement service provider

（A）When the principal balance of the loan reaches 78% of the original value when scheduled

（B）When the borrower has been current for at least five years and has a loan to value of 80% or less

（C）If the borrower produces an appraisal that shows that the borrower currently has more than 20% equity

（D）When the borrower provides a cancellation request

（A）70 years of age or older.

（B）65 years of age or older.

（C）62 years of age or older.

（D）60 years of age or older.

（A）Estimated loan closing time frames

（B）Mortgage loan originator contact information

（C）An NMLS unique identifier

（D）A statement of an unrealistic interest rate

（A）Home equity lines of credit (HELOCs)

（B）Reverse mortgage loans

（C）Second home loans

（D）Chattel-dwelling loans

（A）The MLO must present them with a home equity line of credit (HELOC).

（B）The MLO must present them with a reverse mortqaqe.

（C）The MLO must inquire about the ability to repay in the event of a borrower's death.

（D）The MLO must complete the application and proceed as normal.

（A）Creditors must verity income and assets in order to determine whether the loan applicant has the ability to repay the loan.

（B）Creditors must establish an escrow account for taxes and property insurance on first lien mortgage loans.

（C）Borrowers have a five-day right of rescission.

（D）There are restrictions on prepayment penalties.

（A）An applicant's income is derived from public assistance

（B）An applicant has exercised his right under the Consumer Credit Protection Act

（C）A description of an applicant's race

（D）An applicant's verified income after underwriting

（A）Providing a consumer with the loan policies of the lender

（B）Providing a consumer with a Homebuyer's Toolkit

（C）Communicating the details of an offer for the first time over the phone

（D）Communicating with a consumer to arrange a loan closing

（A）MLO's name.

（B）Return fax number.

（C）Employer's NMLS unique identifier.

（D）MLO's NMLS unique identifier.

（A）Oral confirmation from the borrower

（B）An updated statement showing a zero balance

（C）No additional information required

（D）A letter from the borrower explaining that they paid it off

（A）Editing the underwriter's copy of the purchase and sales agreement on the property to show a $3,000 contribution from the seller

（B）Having the real estate agent deposit $3,000 into the borrowers' bank account to generate a deposit record and then withdrawing the money immediately

（C）Asking the borrowers if they have any previously undisclosed additional cash assets that can be documented

（D）Suggesting that the borrowers temporarily borrow money from a relative to deposit into their bank account until the loan closes

（A）are not in communication with the consumer to obtain mortgage loan information.

（B）are an independent contractor and collect, receive or distribute information in connection with making a credit decision.

（C）perform clerical duties for a mortgage lender as a supervised employee

（D）are an employee of a loan processing or underwriting company that supports a mortgage broker/lender and only perform supervised clerical duties.