NMLS Practice Test Hard Questions with Verified Answers
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NMLS Practice Test Hard Questions A discount point is BEST described as a charge the borrower pays to: 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 property with sale price of $160,000. If the required down payment is 20%, how much additional money will the buyer need to provide toward the down payment at closing? If an applicant works 40 hours every week and is paid $13.52 per hour, what is the applicant's monthly income? The requirement for private mortgage insurance is generally is continued when the loan-to-value ratio falls below: Which of the following documents itemizes all settlement costs including lender charges? According to the Truth-in-Lending Act (TILA), the term "refinance" applies to [Show More]
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