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Exam (elaborations)
SAFE Mortgage Loan Originator Test Questions and Answers | Latest Version | 2025/2026 | Correct & Verified
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---29October 20252025/2026A+
- SAFE Mortgage Loan Originator Test 
Questions and Answers | Latest 
Version | 2025/2026 | Correct & Verified 
 
What is the primary purpose of the SAFE Act? 
To protect consumers by ensuring mortgage loan originators are qualified and licensed 
 
Which federal agency oversees the SAFE Act regulations? 
The Consumer Financial Protection Bureau (CFPB) 
 
What is required for an individual to become a licensed mortgage loan originator? 
Completion of pre-licensing education, passing the SAFE MLO ex...
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$12.45 More Info
SterlingScores
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Package deal
SAFE MORTGAGE LOAN ORIGINATOR TESTS BUNDLE PACK WITH COMPLETE SOLUTIONS
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---9June 2025
- SAFE MORTGAGE LOAN ORIGINATOR TESTS BUNDLE PACK WITH COMPLETE SOLUTIONSSAFE MORTGAGE LOAN ORIGINATOR TESTS BUNDLE PACK WITH COMPLETE SOLUTIONSSAFE MORTGAGE LOAN ORIGINATOR TESTS BUNDLE PACK WITH COMPLETE SOLUTIONSSAFE MORTGAGE LOAN ORIGINATOR TESTS BUNDLE PACK WITH COMPLETE SOLUTIONSSAFE MORTGAGE LOAN ORIGINATOR TESTS BUNDLE PACK WITH COMPLETE SOLU
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$45.49 More Info
NursingTutor1
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Exam (elaborations)
SAFE MORTGAGE LOAN ORIGINATOR TEST QUESTIONS AND ANSWERS 100% ACCURATE
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--8June 20252024/2025A+Available in bundle
- SAFE MORTGAGE LOAN ORIGINATOR TEST QUESTIONS AND ANSWERS 100% ACCURATESAFE MORTGAGE LOAN ORIGINATOR TEST QUESTIONS AND ANSWERS 100% ACCURATE 
An application for a mortgage loan has been denied and, as required by Regulation B, an Adverse Action Notice has been delivered to the applicant .Which of the following is not included on the Adverse Action Notice? - ANSWER-C. The right to dispute the credit denial 
 
Under the Home Ownership Equity Protection act which loan would be identified as a high ...
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$22.49 More Info
NursingTutor1
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Exam (elaborations)
SAFE MORTGAGE LOAN ORIGINATOR TEST WITH COMPLETE SOLUTIONS
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--8June 20252024/2025A+Available in bundle
- SAFE MORTGAGE LOAN ORIGINATOR TEST WITH COMPLETE SOLUTIONSSAFE MORTGAGE LOAN ORIGINATOR TEST WITH COMPLETE SOLUTIONSSAFE MORTGAGE LOAN ORIGINATOR TEST WITH COMPLETE SOLUTIONS 
Prequalification - ANSWER-an estimate of the loan amt. for which the buyer can qualify based on his income/credit under the lenders standards 
 
USDA ratio - ANSWER-29/41 
 
FHA ratio - ANSWER-31/43 
 
Asset based loan - ANSWER--loans based on borrowers equity 
-bad when lenders fail to consider ability to repay 
 
High Co...
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NursingTutor1
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Exam (elaborations)
The SAFE Mortgage Loan Originator National Exam Study Guide practice Exam 1 Questions And Answers. Verified And Updated
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---6January 20252024/2025A+
- The SAFE Mortgage Loan Originator 
National Exam Study Guide practice Exam 1 
Questions And Answers. Verified And 
Updated 
1. A discount point is BEST described as a charge the borrower pays to: - AnswerA. A lender 
to decrease the interest rate on the mortgage loan 
2. A buyer has made an earnest money payment of $5,000. The buyer pays an additional $2,000 
in option money to be credited at closing on a property with a sale price of $160,000. If the 
required down payment is 20%, how much addi...
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Fyndlay
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Exam (elaborations)
SAFE Mortgage Loan Originator Test - National Component UPDATED Exam Questions and CORRECT Answers
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--35August 20242024/2025A+Available in bundle
- SAFE Mortgage Loan Originator Test - 
National Component UPDATED Exam 
Questions and CORRECT Answers 
What does UST stand for? - Correct Answer- Uniform State Test 
Who does the CFPB protect? - Correct Answer- The Consumer Financial Protection Bureau 
protects consumers in the financial marketplace. 
What does the CFPB do? - Correct Answer- CFPB is now in charge of implementing and 
enforcing most of the provisions of federal lending laws that relate to protecting consumers 
while they are s...
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$10.49 More Info
MGRADES