Eli Ward Eli Ward's Profile Page

Eli Ward Eli Ward

0 Course Enrolled • 0 Course Completed

Biography

MLO자격증문제시험대비덤프자료

IT업계에 종사하시는 분은 국제공인 IT인증자격증 취득이 얼마나 힘든지 알고 계실것입니다. 특히 시험이 영어로 되어있어 부담을 느끼시는 분도 계시는데 ITDumpsKR를 알게 된 이상 이런 고민은 버리셔도 됩니다. ITDumpsKR의NMLS MLO덤프는 모두 영어버전으로 되어있어NMLS MLO시험의 가장 최근 기출문제를 분석하여 정답까지 작성해두었기에 문제와 답만 외우시면 시험합격가능합니다.

영어가 서툴러 국제승인 인기 IT인증자격증 필수시험 과목인NMLS인증 MLO시험에 도전할 엄두도 낼수 없다구요? 이런 생각은 이글을 보는 순간 버리세요. NMLS인증 MLO시험을 패스하려면ITDumpsKR가 고객님의 곁을 지켜드립니다. ITDumpsKR의NMLS인증 MLO덤프는 NMLS인증 MLO시험패스 특효약입니다. 영어가 서툴러고 덤프범위안의 문제만 기억하면 되기에 영어로 인한 문제는 걱정하지 않으셔도 됩니다.

>> MLO자격증문제 <<

MLO높은 통과율 덤프데모문제, MLO최고품질 덤프데모 다운

NMLS업계에 종사하시는 분들은 MLO인증시험을 통한 자격증취득의 중요성을 알고 계실것입니다. ITDumpsKR에서 제공해드리는 인증시험대비 고품질 덤프자료는 제일 착한 가격으로 여러분께 다가갑니다. ITDumpsKR덤프는 MLO인증시험에 대비하여 제작된것으로서 높은 적중율을 자랑하고 있습니다.덤프를 구입하시면 일년무료 업데이트서비스, 시험불합격시 덤프비용환불 등 퍼펙트한 서비스도 받을수 있습니다.

최신 SAFE MLO MLO 무료샘플문제 (Q112-Q117):

질문 # 112
Which of the following actions should a mortgage loan originator (MLO) take if a real estate broker offers the MLO $500 to obtain a purchase-money mortgage for the real estate broker's client?

A. Apply the $500 towards the downpayment
B. Receive the $500 fee and include it on the Closinq Disclosure
C. Accept the money after obtaining the requested loan for the client
D. Decline the money

정답：D

설명：
The Real Estate Settlement Procedures Act (RESPA) prohibits kickbacks, referral fees, and unearned fees in any transaction involving a federally related mortgage loan. If a real estate broker offers the MLO $500 to obtain a purchase-money mortgage for the broker's client, the MLO must decline the money. Accepting payment for a referral is illegal under Section 8 of RESPA.
* Options such as applying the money toward the down payment (B) or including it on the Closing Disclosure (C)** do not make the payment legal, as it would still violate RESPA.
References:
* RESPA Section 8 - Prohibition on kickbacks and referral fees
* CFPB Guidelines on RESPA compliance

질문 # 113
Which of the following responses describes servicing transfers?

A. The transfer of an appraisal from one lender to another
B. The transfer of the responsibility to collect payments on the loan from one lender to another
C. The transfer of a HUD case number from one lender to another
D. The transfer of the processing of a loan to an independent service provider such as a contract processing provider

정답：B

설명：
A servicing transfer is when the responsibility for collecting payments, managing escrow accounts, and handling other aspects of loan servicing is moved from one lender or servicer to another. This is regulated by RESPA, which requires timely notification to borrowers.
"A servicing transfer is the transfer of the right to collect payments and service a mortgage loan from one servicer to another."
- CFPB, RESPA Servicing Transfer Disclosures
References:
CFPB, Mortgage Servicing Transfers
SAFE MLO National Test Study Guide

질문 # 114
What is the minimum amount of flood insurance a lender must require on a residential building located in a special flood hazard area?

A. $350,000 for residential property structures
B. $50,000 for residential property structures
C. $150,000 for residential property structures
D. $250,000 for residential property structures

정답：D

설명：
The minimum amount of flood insurance required by lenders for a residential building located in a Special Flood Hazard Area (SFHA) is the lesser of:
* 100% of the replacement cost of the structure, or
* The maximum available under the National Flood Insurance Program (NFIP), which is $250,000 for residential property structures.
This requirement ensures that the property is adequately covered in case of flood damage.
References:
* National Flood Insurance Program (NFIP) Guidelines
* Flood Disaster Protection Act (FDPA)

질문 # 115
When applying for a home equity line of credit (HELOC), consumers should review documentation carefully and be sure that they consider:

A. the APR and the costs of acquiring and maintaining the HELOC.
B. if the HELOC is insured by HUD.
C. if the company offering the HELOC has deposit accounts insured by the FDIC.
D. if the HELOC requires private mortgage insurance

정답：A

설명：
When applying for a Home Equity Line of Credit (HELOC), consumers should carefully review the APR and the total costs of acquiring and maintaining the HELOC. The APR reflects the overall cost of borrowing, including interest and certain fees, and is crucial for understanding the long-term expense of the HELOC.
Additionally, consumers should consider fees associated with setting up and maintaining the HELOC, such as annual fees, transaction fees, and closing costs.
* While HUD insurance (A) and FDIC deposit insurance (C) are unrelated to HELOCs, and private mortgage insurance (B) is generally not required for HELOCs, the APR and fees are critical factors that directly impact the cost of borrowing.
References:
* Truth in Lending Act (TILA) disclosure requirements for HELOCs
* CFPB HELOC Guide

질문 # 116
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. Tell the borrower not to say anything at closing
B. Recommend that the borrower attend homeownership counseling
C. Notify the underwriter regarding possible change of borrower's employment status
D. Nothing, as the loan has already been approved

정답：C

설명：
If the mortgage loan originator (MLO) becomes aware of a potential change in the borrower's employment status, such as the company closing and the borrower being laid off, the MLO must notify the underwriter.
The borrower's ability to repay the loan could be impacted by the job loss, and failing to update the underwriter would be a violation of proper lending practices.
* Ignoring the information or withholding it (Options A and B) could lead to loan default and is unethical.
* Homeownership counseling (C) is beneficial but not relevant to the immediate concern of loan approval and repayment ability.
References:
* TILA and Ability-to-Repay Rule (ATR)
* Fannie Mae Guidelines for employment verification

질문 # 117
......

경쟁율이 치열한 IT업계에서 아무런 목표없이 아무런 희망없이 무미건조한 생활을 하고 계시나요? 다른 사람들이 모두 취득하고 있는 자격증에 관심도 없는 분은 치열한 경쟁속에서 살아남기 어렵습니다. NMLS인증 MLO시험패스가 힘들다한들ITDumpsKR덤프만 있으면 어려운 시험도 쉬워질수 밖에 없습니다. NMLS인증 MLO덤프에 있는 문제만 잘 이해하고 습득하신다면NMLS인증 MLO시험을 패스하여 자격증을 취득해 자신의 경쟁율을 업그레이드하여 경쟁시대에서 안전감을 보유할수 있습니다.

MLO높은 통과율 덤프데모문제: https://www.itdumpskr.com/MLO-exam.html

ITDumpsKR의NMLS인증 MLO덤프는 고객님께서 NMLS인증 MLO시험을 패스하는 필수품입니다, ITDumpsKR는 엘리트한 전문가들의 끊임없는 연구와 자신만의 노하우로 NMLS MLO덤프자료를 만들어 냄으로 여러분의 꿈을 이루어드립니다, NMLS MLO자격증문제 편한 덤프공부로 멋진 IT전문가의 꿈을 이루세요, 인기있는 MLO인증시험에 대비하여 제작된 MLO덤프의 무료샘플을 원하신다면 덤프구매사이트의 PDF Version Demo 버튼을 클릭하고 메일주소를 입력하시면 바로 다운받아 Mortgage Loan Origination (SAFE MLO) Exam덤프의 일부분 문제를 체험해 보실수 있습니다, ITDumpsKR 선택함으로 여러분이NMLS인증MLO시험에 대한 부담은 사라질 것입니다.

그는 언성을 높이며 들고 있던 신문을 바닥에 내던졌다, 넌 며칠 쉬어, ITDumpsKR의NMLS인증 MLO덤프는 고객님께서 NMLS인증 MLO시험을 패스하는 필수품입니다, ITDumpsKR는 엘리트한 전문가들의 끊임없는 연구와 자신만의 노하우로 NMLS MLO덤프자료를 만들어 냄으로 여러분의 꿈을 이루어드립니다.

높은 적중율을 자랑하는 MLO자격증문제 덤프는 Mortgage Loan Origination (SAFE MLO) Exam 100%시험패스 보장

편한 덤프공부로 멋진 IT전문가의 꿈을 이루세요, 인기있는 MLO인증시험에 대비하여 제작된 MLO덤프의 무료샘플을 원하신다면 덤프구매사이트의 PDF Version Demo 버튼을 클릭하고 메일주소를 입력하시면 바로 다운받아 Mortgage Loan Origination (SAFE MLO) Exam덤프의 일부분 문제를 체험해 보실수 있습니다.

ITDumpsKR 선택함으로 여러분이NMLS인증MLO시험에 대한 부담은 사라질 것입니다.

Eli Ward Eli Ward

Biography

Quick Link

Privacy Link

Contact Us

Payment Methods