This quiz assesses understanding of Sierra Pacific's policies on credit applications, defining a RESPA application, distinguishing between inquiries and applications, and preapproval processes. It's crucial for professionals in finance and lending practices.
True
False
Rate this question:
Customer calls to ask about rates for loans in general
Customer gives specific personal information and asks for an opinion on whether they would qualify for a loan
Loan officer describes our general underwriting policies
None of the above
Rate this question:
True
False
Rate this question:
You want to check up on your credit, to make sure it is still accurate
A client wants to preview his credit report before deciding to apply for a loan
A prospect has indicated that they want to apply for a loan and has agreed to have his credit report pulled
The client gave you her social security number
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
True
False
Rate this question:
Quiz Review Timeline (Updated): Mar 20, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
RESPA Pre-Course Knowledge Check
The 'RESPA Pre-Course Knowledge Check' quiz assesses understanding of key aspects of the Real Estate Settlement Procedures Act (RESPA), focusing on regulations, required...
Questions:
5 |
Attempts:
386 |
Last updated:
Mar 20, 2023
|
How Much Do You Know About Money & Cost Of Credit?
Money and credit are essential aspects of any healthy economic flow. How much do you know about money & cost of credit? Do you know enough about these fundamental economics...
Questions:
10 |
Attempts:
26 |
Last updated:
Nov 16, 2023
|
Fair Lending Final Quiz
The 'Fair Lending Final Quiz' assesses knowledge on laws ensuring fair access to credit. It covers key acts like the Fair Housing Act and the Dodd-Frank Act, defining fair lending...
Questions:
10 |
Attempts:
103 |
Last updated:
Jul 02, 2024
|
Wait!
Here's an interesting quiz for you.