NMLS Test
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Evaluating a borrower’s ability to repay a loan is the responsibility of: | show 🗑
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| show | Origination
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| show | The (1003).
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| show | Processing.
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| Loan Officers spend most of their time: | show 🗑
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| show | Closed.
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| The monitoring of loan payments is called: | show 🗑
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| show | Quote Rate.
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| Before you can close a loan you must have: | show 🗑
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| Many borrowers are unaware that their loans have been sold on the secondary market because the: Many borrowers are unaware that their loans have been sold on the secondary market because the: | show 🗑
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| show | Follow those corporation underwriting guideline’s
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| show | Certain disclosure information & forms.
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| One purpose of the loan interview is to________. | show 🗑
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| __________ is responsible for organizing and monitoring the status of the loan life. | show 🗑
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| In all cases the ________has final authority in making of loan decisions | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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