Apor Study guides, Class notes & Summaries
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NMLS Test Questions and Answers Graded A+
- Exam (elaborations) • 28 pages • 2024
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NMLS Test Questions and Answers Graded A+ 
What is the pass rate for the NMLS Test and how long is it? 
75% of 115 questions, 125 questions long with 10 ungraded 
 
 
 
What is the biggest thing to remember about taking the test? 
Read the questions twice, slowly, but do not take over 30 seconds per question the first time through. 
 
 
 
 
Brainpower 
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What is the requirement under Fa...
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VI - Vapor Recovery Installation and Repair (A+ GUARANTEED).
- Exam (elaborations) • 7 pages • 2024
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Which of the following is not considered hanging hardware? 
 
nozzle, swivel, whip hose, shear valve correct answers shear valve 
 
Per EO. VR-201-E, the dispenser must be removed from service if the dispensing vacuum of the Healy VP-1000 pump is below how many inches of water column? correct answers 60 
 
In a coaxial hose for a balance system, the product flows through the? correct answers inner hose 
 
Per the Vapor Recovery Equipment Defects List (VRED), the _________ of any component requir...
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NMLS SAFE EXAM 2023 ALREADY PASSED
- Exam (elaborations) • 22 pages • 2023
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What does TILA stand for? Truth-In-Lending Act, Regulation Z 
What is a HELOC loan? a secured loan in that you are borrowing against the equity that has 
been built in your house 
What is a REFI loan? 
LTV stands for Loan to Value 
Define PMI and state what the acronym stands for. Private mortgage insurance- on 
conventional loans 
Define one time variable funding fee and people in what situations is it waived for? Disabled 
veterans and surviving spouses. 
USDA loans are also called what? 50...
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NMLS SAFE EXAM 2023-2024 QUESTIONS WITH SOLUTIONS
- Exam (elaborations) • 15 pages • 2024
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NMLS SAFE EXAM QUESTIONS WITH SOLUTIONS 
 What does TILA stand for? 
Truth-In-Lending Act, Regulation Z 
 
 
 
What is a HELOC loan? 
a secured loan in that you are borrowing against the equity that has been built in your house 
 
 
 
 
What is a REFI loan? 
 
 
 
LTV stands for 
Loan to Value 
 
 
 
Define PMI and state what the acronym stands for. 
Private mortgage insurance- on conventional loans 
 
 
 
Define one time variable funding fee and people in what situations is it waived for? 
Dis...
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NMLS SAFE EXAM 2024 WITH VERIFIED ANSWERS.
- Exam (elaborations) • 21 pages • 2024
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NMLS SAFE EXAM 2024 WITH VERIFIED ANSWERS. 
What does TILA stand for? - correct answer Truth-In-Lending Act, Regulation Z 
 
What is a HELOC loan? - correct answer a secured loan in that you are borrowing against the equity that has been built in your house 
 
What is a REFI loan? - correct answer 
 
LTV stands for - correct answer Loan to Value 
 
Define PMI and state what the acronym stands for. - correct answer Private mortgage insurance- on conventional loans 
 
Define one time variable fun...
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NMLS SAFE EXAM 2022 QUESTIONS WITH VERIFIED ANSWERS
- Exam (elaborations) • 15 pages • 2023
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NMLS SAFE EXAM 2022 QUESTIONS WITH VERIFIED ANSWERS 
What does TILA stand for? - ANS Truth-In-Lending Act, Regulation Z 
 
What is a HELOC loan? - ANS a secured loan in that you are borrowing against the equity that has been built in your house 
 
What is a REFI loan? - ANS 
 
LTV stands for - ANS Loan to Value 
 
Define PMI and state what the acronym stands for. - ANS Private mortgage insurance- on conventional loans 
 
Define one time variable funding fee and people in what situatio...
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NMLS SAFE EXAM 2024 with Guaranteed Accurate Answers
- Exam (elaborations) • 21 pages • 2024
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What does TILA stand for? - correct answer Truth-In-Lending Act, Regulation Z 
 
What is a HELOC loan? - correct answer a secured loan in that you are borrowing against the equity that has been built in your house 
 
What is a REFI loan? - correct answer 
 
LTV stands for - correct answer Loan to Value 
 
Define PMI and state what the acronym stands for. - correct answer Private mortgage insurance- on conventional loans 
 
Define one time variable funding fee and people in what situations is it...
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ICC Vapor Recovery - VT Exam Questions With Verified Answers
- Exam (elaborations) • 12 pages • 2024
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ICC Vapor Recovery - VT Exam Questions With Verified Answers...
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NMLS SAFE EXAM 2024 Questions With Verified Answers
- Exam (elaborations) • 16 pages • 2024
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NMLS SAFE EXAM 2024 Questions With 
Verified Answers 
What does TILA stand for? - answerTruth-In-Lending Act, Regulation Z 
What is a HELOC loan? - answera secured loan in that you are borrowing against the equity 
that has been built in your house 
What is a REFI loan? - answer 
LTV stands for - answerLoan to Value 
Define PMI and state what the acronym stands for. - answerPrivate mortgage insurance- on 
conventional loans 
Define one time variable funding fee and people in what situations is i...
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ICC Vapor Recovery 2|60 Questions With Correct Answers |Verified
- Exam (elaborations) • 18 pages • 2024
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After backfilling the vapor return and vent lines, the maximum pressure drop through the system shall not exceed ________at 60 cubic feet per hour as determined by TP-201.4, Dynamic Backpressure. 
 
a. 0.75 inches WC 
b. 0.5 inches WC 
c. 0.32 inches WC 
d. 0.55 inches WC - ️️c. 0.5 inches WC 
 
CARB's most recent vapor recovery regulations are known as: 
 
a. EVR (enhanced vapor recovery) 
b. CVR (California vapor recovery) 
c. PVR (protective vapor recovery) 
d. ORVR (onboard refueling va...