NMLS SAFE EXAM 2022 ALREADY PASSED
Document Content and Description Below
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? ✔✔502 loans Define MIP ✔✔Can be paid up front or in installments. Mortgage insurance premium used by FHA to protect themselves against higher-risk borrowers who are more likely to default on loans Define APR ✔✔annual [Show More]
Last updated: 1 year ago
Preview 1 out of 22 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Add to cartInstant download
We Accept:
Reviews( 0 )
$15.00
Document information
Connected school, study & course
About the document
Uploaded On
Sep 16, 2022
Number of pages
22
Written in
Additional information
This document has been written for:
Uploaded
Sep 16, 2022
Downloads
0
Views
49
.png)
.png)
.png)
.png)
.png)
.png)
