Challenge Your Exam Readiness With Our Free Loan Officer Practice Questions

Question # 2

A loan officer approves a loan by intentionally ignoring the borrower’s excessive debt-to-income ratio. This is:

Options:

A.

Ethical lending

B.

Responsible underwriting

C.

Predatory lending

D.

Suitability compliance

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Loan Officer Overview

Name Loan Officer
Code Loan Officer
Vendor Finance, Insurance and Real Est
Certification State Licensing Boards

Loan Officer Questions