NMLS EXAM vc
Exam Solution
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Applying Mortgage Knowledge to Exam Prep: Uniform S vc vc vc vc vc vc vc
tate Component 2026 A+ GRADE ASSURED COMPLETE S
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OLUTIONS AND VERIFIED ANSWERS (A60EC) vc vc vc vc
QUESTION 1 vc
Under the SAFE Act, states are required to do background checks as part of their effectiv
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e supervision. A background check includes all of the following, EXCEPT:
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a) Education history
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b) Criminal history
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c) Credit history
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d) Civil or administrative records
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ANSWER
a) Education history
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QUESTION 2 vc
Determining that an individual license applicant has not demonstrated financial respons
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ibility includes all but which of the following?
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a) Judgments as a result of medical expenses
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b) Current outstanding tax liens
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c) Foreclosures within the past three years
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d) A pattern of seriously delinquent accounts in the past three years
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ANSWER
a) Judgments as a result of medical expenses
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QUESTION 3 vc
After failing a pre-
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licensing exam for a third consecutive time, a licensee is required to wait:
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ANSWER
Exam Solution
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Applying Mortgage Knowledge to Exam Prep: Uniform S vc vc vc vc vc vc vc
tate Component 2026 A+ GRADE ASSURED COMPLETE S
vc vc vc vc vc vc vc
OLUTIONS AND VERIFIED ANSWERS (A60EC) vc vc vc vc
QUESTION 1 vc
Under the SAFE Act, states are required to do background checks as part of their effectiv
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e supervision. A background check includes all of the following, EXCEPT:
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a) Education history
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b) Criminal history
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c) Credit history
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d) Civil or administrative records
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ANSWER
a) Education history
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QUESTION 2 vc
Determining that an individual license applicant has not demonstrated financial respons
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ibility includes all but which of the following?
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a) Judgments as a result of medical expenses
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b) Current outstanding tax liens
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c) Foreclosures within the past three years
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d) A pattern of seriously delinquent accounts in the past three years
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ANSWER
a) Judgments as a result of medical expenses
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QUESTION 3 vc
After failing a pre-
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licensing exam for a third consecutive time, a licensee is required to wait:
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ANSWER