MLO問題集、NMLS実際の試験問題

質問 1

Which of the following documents is required to be issued to a customer when a mortgage loan originator is also a real estate broker on the same transaction?

A. Special information booklet

B. Appraisal disclosure

C. Affiliated business arrangement

D. Loan application

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 2

Which of the following fees or charges is an allowable closing cost typically found on a Closing Disclosure?

A. Yield-to-loan fee

B. Origination charge

C. Servicing fee

D. Referral fee

正解: B

解説: (PassTest メンバーにのみ表示されます)

質問 3

Which of the following reasons is acceptable for denying a loan under the Equal Credit Opportunity Act (ECOA)?

A. Immigration status

B. Receipt of child support

C. Marital status

D. Country of birth

正解: A

解説: (PassTest メンバーにのみ表示されます)

質問 4

The Red Flags Rule under the Fair and Accurate Credit Transactions Act (FACTA) require lenders to:

A. adopt best practices for property evaluations as stipulated in the Home Valuation Code of Conduct.

B. implement a written program to detect warning signs of identity theft.

C. implement an internal watch system to prevent the misrepresentation of occupancy status

D. adopt a credit score evaluation method utilizing the middle of three repository scores and the lowest of all borrowers' scores.

正解: B

解説: (PassTest メンバーにのみ表示されます)

質問 5

Which of the following statements is permissible in an advertisement?

A. "Current interest rates as low as 3.50% with an APR of 3.99%. Contact us today!"

B. "Close a mortgage loan with us within the next 60 days and when interest rates drop, we will refinance your loan at a lower rate guaranteed."

C. "Looking for a VA loan? We are endorsed by and affiliated with the VA administration."

D. "Take out a reverse mortgage loan with us, and you can stay in your home as long as you want and never make a payment."

正解: A

解説: (PassTest メンバーにのみ表示されます)

質問 6

According to the Truth in Lending Act (TILA), which of the following advertising statements does not require additional disclosures to supplement the advertisement?

A. "Payments as low as $600 for a $100,000 mortgage"

B. "15-year and 30-year mortgages available"

C. "Come in today for your free consultation"

D. "Only 1 point up front to get you in a home"

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 7

The Truth in Lending Act (TILA) covers which of the following loans?

A. Agricultural credit

B. Business or commercial credit

C. Home equity loans

D. An extension of credit to other than a natural person

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 8

A lender will require private mortgage insurance for first lien loans with loan-to-value over what percentage?

A. 78%

B. 75%

C. 80%

D. 70%

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 9

A borrower works at Company XYZ and was recently approved for a cash-out refinance of her primary residence. The closing is scheduled for Friday. On Monday of closing week, the mortgage loan originator (MLO) sees on the local news that XYZ is closing and the employees have been let go. Which of the following actions, if any, should the MLO take?

A. Nothing, as the loan has already been approved

B. Tell the borrower not to say anything at closing

C. Notify the underwriter regarding possible change of borrower's employment status

D. Recommend that the borrower attend homeownership counseling

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 10

Illegal fee splitting occurs when:

A. three companies split a fee but one did no work.

B. wages are split by two employees.

C. two service providers split a fee.

D. fees are split between lender and broker.

正解: A

解説: (PassTest メンバーにのみ表示されます)

質問 11

A borrower has told the mortgage loan originator that they had recently paid off an account that was listed on their credit report. Which of the following information will they need to provide the lender to prove the account has been paid off?

A. No additional information required

B. An updated statement showing a zero balance

C. A letter from the borrower explaining that they paid it off

D. Oral confirmation from the borrower

正解: B

解説: (PassTest メンバーにのみ表示されます)

NMLS Mortgage Loan Origination (SAFE MLO) - MLO 模擬練習