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NMLS Practice Test Hard Questions {Answered Correctly 2022}
- Exam (elaborations) • 19 pages • 2022
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NMLS Practice Test Hard Questions {Answered Correctly 2022} 
 
A discount point is BEST described as a charge the borrower pays to: 
 
A.) A lender to decrease the interest rate on the mortgage loan 
B.) A mortgage broker at the time of application to obtain a favorable rate 
C.) The seller as part of the closing costs of a loan 
D.) A lender to ensure against foreclosure 
 
A buyer has made an earnest money payment of $5,000. The buyer pays an additional $2,000 in option money to be credited a...
MLO SAFE NMLS safe test practice questions_ answered 100% correctly.
![NMLS SAFE EXAM REVIEW 2022/2023.](/docpics/63812b3676b7f_2133564.jpg)
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NMLS SAFE EXAM REVIEW 2022/2023.
- Summary • 59 pages • 2022
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NMLS SAFE EXAM REVIEW 2022/2023.
NMLS SAFE EXAM REVIEW 2022/2023(UNITECH TRAINING ACADEMY)
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