MLO試験無料問題集（123題）「NMLS Mortgage Loan Origination (SAFE MLO) 認定」

出題：1

A borrower has told the mortgage loan originator that they had recently paid off an account that was listed on their credit report. Which of the following information will they need to provide the lender to prove the account has been paid off?

A. No additional information required

B. Oral confirmation from the borrower

C. A letter from the borrower explaining that they paid it off

D. An updated statement showing a zero balance

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：2

Which of the following fees or charges is an allowable closing cost typically found on a Closing Disclosure?

A. Referral fee

B. Origination charge

C. Yield-to-loan fee

D. Servicing fee

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：3

When obtaining a mortgage loan, title insurance is required to protect the:

A. seller of the property.

B. lender providing the financing.

C. mortgage loan officer.

D. settlement agent.

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：4

A borrower has been approved for a new home loan and has completed all necessary paperwork. When should the borrower receive the Closing Disclosure?

A. 3 business days prior to consummation

B. 4 business days prior lo consummation

C. On the day of consummation

D. 1 business day prior to consummation

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：5

According to the Truth in Lending Act (TILA), the term "finance charge" includes which of the following charges?

A. Seller's points offered to reduce the borrower's closing costs

B. A standard credit application fee charged to all loan applicants

C. Document preparation fees for items such as mortgages and deeds

D. Daily or per diem interest paid by borrower

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：6

What is the maximum APR that will qualify as a Safe Harbor qualified mortgage?

A. An APR less than the APOR + 1.5%

B. An APR less than the APOR + 1.0%

C. An APR equal to or less than the average prime offer rate (APOR)

D. An APR less than the APOR + 2.5%

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：7

In the loan application process, when must specific disclosures be provided to a borrower for an ARM?

A. When a loan is locked in

B. Within three days of a complete application

C. At closing

D. At first mention of an ARM loan

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：8

Which of the following documents is required to be issued to a customer when a mortgage loan originator is also a real estate broker on the same transaction?

A. Appraisal disclosure

B. Loan application

C. Affiliated business arrangement

D. Special information booklet

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：9

A real estate broker overhears her buyer discussing what she believes to be illegal activities while on a phone conversation. The real estate broker notifies the buyer's mortgage loan originator (MLO) that the borrower may be using illegally acquired funds as down payment for this property. The MLO decides to report some suspicious cash deposit transactions found in the borrower's bank records. Under the Patriot Act, the MLO may discuss the filing of this report with which of the following parties, if any?

A. His loan processor

B. All parties involved in the transaction

C. The report Is not permitted to be discussed with any parties involved in the transaction.

D. The buyer's agent

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：10

What is the loan amount on the purchase price of $249,955.00 if the borrower is putting 18% down?

A. $204,936.10

B. $204,966.10

C. $204,963.10

D. $204,693.10

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

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