This class was created by Brainscape user Grant Fox. Visit their profile to learn more about the creator.
By:
Grant Fox
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Decks in this class (14)
SAFE Glossary
1003,
1031 exchange,
4506 t
386
cards
Mortgage Acronyms
Aarmr america association of resi...,
Afba affiliated business arrangement,
Amc appraisal management company
75
cards
CHAPTER 1: BECOMING AN MLO
What did the federal reserve esta...,
What act was created to help the ...,
A mortgage loan originator mlo is
35
cards
CHAPTER 2: LEARNING THE PRODUCTS & PROGRAMS
What is one of the most popular p...,
Adjustable rate mortgage arm,
The five parts of an arm loan are
36
cards
CHAPTER 3: THE INITIAL APPLICATION
Pre qual,
On a pre approval you are,
Truth in lending act tila regulat...
15
cards
CHAPTER 4: PROCESSING AND UNDERWRITING
Assets are divided into two types,
To verify the assets the borrower...,
____________ cannot be used unles...
81
cards
CHAPTER 5: FUNDING & CLOSING
The initial cd must be delivered ...,
Consummation,
Business day
22
cards
CHAPTER 6: MORTGAGE ETHICS
What is ethics,
Morality,
Types of mortgage fraud
29
cards
CHAPTER 7: REVIEW OF FEDERAL LAW - QUICK FACTS BROKEN DOWN
Respa real estate settlement proc...,
Real estate settlement procedures...,
Respa real estate settlement proc...
91
cards
CHAPTER 7: REVIEW OF FEDERAL LAW - QUICK FACTS SUMMARYS
Respa,
Tila,
Trid
14
cards
TEST TIPS
With the right of rescission,
You need to remember each of thes...
2
cards
PRACTICE QUESTIONS
An alt a or alt doc loan would be...,
George has a loan that is amortiz...,
Lucy has taken the national test ...
125
cards
CHAPTER 7: REVIEW OF FEDERAL LAW
Respa does not cover,
Respa regulates,
Respa section 8 of respa was crea...
23
cards
NATIONAL TEST CONTENT OUTLINE
Respa origins and purpose,
Definition of mortgage broker,
Knowledge of the prohibitions lim...
3
cards
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SAFE
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