Mortgage Quizzes, Questions & Answers

Top Trending Quizzes

Do You Know About Vandyk Mortgage Corporation's Red Flag?

Do You Know About Vandyk Mortgage Corporation's Red Flag? Owning a private home is the dream of almost every person, and that is why mortgage companies get thousands of applications. As a mortgage agent, how do sieve out...

Questions: 7 | Attempts: 1642 | Last updated: Nov 16, 2023

Sample Question
Have you viewed the Company's training on "Red Flags"?

Yes

No

Do You Know About HELOC? Trivia Questions! Quiz

Explore the structure and use of Home Equity Lines of Credit (HELOC) with our trivia quiz. Test your knowledge on HELOC terms, applications, and restrictions relevant for financial professionals and homeowners.

Questions: 10 | Attempts: 185 | Last updated: Sep 9, 2024

Sample Question
The structure of a Peoples HELOC is which of the following?

10 year interest only draw period

5 year interest only draw period followed by a 10 year amortization with principal and interest payments

7 year interest only draw period

15 year amortizing loan

Ppi, Bankers & House Prices: The Mortgage Solutions News Quiz 19 July 2013

Test your knowledge of the week's events with this quick quiz.

Questions: 10 | Attempts: 52 | Last updated: May 2, 2023

Sample Question
According to a survey of first-time buyers, how many chose the first mortgage they came across?

12%

25%

65%

The Mortgage Solutions News Quiz

Test your knowledge of the week's events with this quick quiz. And please keep us updated on your scores in the comments box below.

Questions: 10 | Attempts: 92 | Last updated: Jul 2, 2024

Sample Question
Which international economic figure is facing questioning over allegations of embezzlement and fraud?

Bank of England governor Mervyn King

International Monetary Fund chief Christine Lagarde

European Central Bank president Mario Draghi

Trivia Quiz On Uniform Residential Loan Application

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: 679 | Last updated: Mar 20, 2023

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:

The LO is not required to do anything because the applicant has declined to furnish the information.

The LO must mark “I do not wish to furnish this information” and “this information was provided in a face-to-face interview.

The LO must complete the ethnicity, race and sex information based upon visual observation and surname.

Both B and C.

Recent Quizzes

Glossary - Mortgage Terms - Page #1

Explore key mortgage concepts in 'Glossary - Mortgage Terms - Page #1'. Learn definitions of terms like ADJUSTABLE RATE MORTGAGE, CREDIT GRADE, and more, essential for understanding loan processes and real estate financing.

Questions: 11 | Attempts: 90 | Last updated: Nov 17, 2023

Sample Question
Which choice best defines ADJUSTABLE RATE MORTGAGE (ARM)?

A short term loan with mortgage payments too low to pay off the balance in the specified time.

A loan with an interest rate that does not change or adjust during the life of the loan.

A loan that allows the interest rate to change periodically during the life of the loan.