Free NMLS Practice Test Questions | SAFE Mortgage Loan Originator

Question # 50

Which type of loan is considered non-traditional under SAFE Act guidance?

Options:

30-year fixed-rate mortgage

15-year fixed-rate mortgage

Adjustable-rate mortgage (ARM)

Fully amortizing conventional loan

Viewing question 50 out of 72 questions

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NMLS Overview

Name	SAFE Mortgage Loan Originator
Code	NMLS
Vendor	Finance, Insurance and Real Est
Certification	Nationwide Multistate Licensing System (NMLS)

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