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Loan Quizzes & Trivia

You don’t need to take out a loan to take our interesting loan trivia quizzes! Take our quizzes and test your knowledge on this important topic. Can you answer questions based on the types of loans available, what interest is, and what a bond is? Whether you simply loved economics at school or you are thinking about taking out a loan, our quizzes are sure to test your knowledge on the world of loans!

Get ready to put on your thinking cap and answer questions such as, “What is a loan covenant?”, “What is the difference between secured and unsecured loans?”, and “What is a concessional loan?” Be a loan professional after attempting our quizzes and impress your friends and family with your new knowledge!
Top Trending Quizzes

This quiz is designed to determine if you fully understand compliance issues relating to loan documentation disclosure and packaging

Questions: 10  |  Attempts: 3240   |  Last updated: Aug 5, 2021
  • Sample Question
    How many days do you have to mail initial loan disclosure documents after taking a complete application?


Questions: 18  |  Attempts: 94   |  Last updated: Jan 5, 2014
  • Sample Question
    How long of a residence history should you verify on the 1003?



Questions: 8  |  Attempts: 401   |  Last updated: Feb 5, 2021
  • Sample Question
    What factors do lenders consider when deciding whether or not to fund a loan? 

Below is a Trivia Quiz on Uniform Residential Loan Application. If you are applying for a loan, you will be required to fill out different forms intended to convince the lender to disperse a certain amount of money to your...

Questions: 5  |  Attempts: 598   |  Last updated: Nov 8, 2019
  • Sample Question
    When the LO takes an application in person and the applicant does not provide the ethnicity, race and sex information, the LO must:  

This assessment will help gauge your Loan Processing skill level.

Questions: 21  |  Attempts: 313   |  Last updated: Jan 9, 2013
  • Sample Question
    Loans with an alternate payment schedule cannot be set up to automatically re-amortize payments. 
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