Challenge Your Exam Readiness With Our Free Loan Officer Practice Questions

Question # 29

A borrower reveals sensitive financial struggles. The ethical obligation of the loan officer is to:

Options:

A.

Share the information with friends.

B.

Keep the information confidential and secure.

C.

Use the information for marketing other services.

D.

Disregard the borrower’s concerns.

Viewing question 29 out of 67 questions
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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