prometric; nmls; |
Original $999.00 --->
BEFORE 8/15/2010 Only $499.00 a you get your nmls number b you will be schedule a state test in addition to a national test later c test paper that helps d personal loan mortgage originator sessions pre-requisite a DRE liecnsee only b ACT Quick before 8/8/2010 since Price is different after 8/31/2010 |
SECTIONS REQUIRED BY MORTGAGE LOAN ORIGINATOR TEST SAFE:
Mortgage regulatory agency 3 /
state law and reg define 6/
loan originator licens law 10/
compliance 27/
disciplinary action 6/
unique state test area 3
total 55
state law and reg define 6/
loan originator licens law 10/
compliance 27/
disciplinary action 6/
unique state test area 3
total 55
LESSON WE SHARE WITH YOU ABOUT THE TEST
AS FOLLOWS:
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A discount point is best described as a charge the borrower pays to == a lender to DECREASE the interest rate on loan
buyer made EARNEST money payment of $5000. buyer pay addition $2000 in option money to be credited at closing on a property with sale price $160,000 if downpay is 20% how much ned to provide for down payment at closing? == 160,000*.2 - 7,000 mthly income of 40 hours with $13.52 per hour? == $13.52 x 40 x 52/12 required for PMI when L2V fall BELOW ? [NOT 20%] but 80% documents itemizes all settlement costs including lender charges ? = HUD1 TILA, REFI applies to ?== satisfactioni of existing obligation and its replacment by new obligation loan originator use to determine ESTIMATED value of property base d on ANALYTICAL COMPARISON of similar property sale ? [not market survey] but APPRAISAL which methods of disclosure does NOT MEET REQUIREMENT of ECOA? phone does not meet. "20 basis points" as a percentage == 0.20 TILA which fees is EXCLUDED from calculation of annual percentage rate? == harzard insurance [ wire transfer + prepaid interest + mortgage insurance premium are INCLUDED] |
REFERENCE
1. NAME CHANGES: Test Center locations will request a valid government-issued identification card to confirm an Individual's identity prior to allowing them to sit for the test. NAME CHANGES that occur after opening an enrollment window or scheduling a test need to be processed through NMLS. For support in making a name change through NMLS, please contact the NMLS Call Center at (240) 386-4444. Although every effort will be made to allow an Individual to sit for a scheduled test, failure to file a name change through NMLS could result in an Individual's inability to do so.
2. A new enrollment window has been opened that allows YOU APPLICANT(787343) to schedule the SAFE Mortgage Loan Originator Test - National Component Test.
Individuals can click here to access the Test Center Location listing and determine where they would like to take the test. Individuals can then follow the link provided to schedule the test.
3 Center Name: Prometric Testing
Center Address: 100 California Street Suite 105 San Francisco, CA 94111
Center Phone: 415-362-1311 Online: Click here to make a test appointment online.
Center Hours: Individual center hours vary. For specific information regarding center hours, please contact the local center or the National Call Center at 877-671-6657.
2. A new enrollment window has been opened that allows YOU APPLICANT(787343) to schedule the SAFE Mortgage Loan Originator Test - National Component Test.
Individuals can click here to access the Test Center Location listing and determine where they would like to take the test. Individuals can then follow the link provided to schedule the test.
3 Center Name: Prometric Testing
Center Address: 100 California Street Suite 105 San Francisco, CA 94111
Center Phone: 415-362-1311 Online: Click here to make a test appointment online.
Center Hours: Individual center hours vary. For specific information regarding center hours, please contact the local center or the National Call Center at 877-671-6657.
