Free NMLS Practice Test Questions | SAFE Mortgage Loan Originator

Question # 56

Which of the following best describes a portfolio lender?

Options:

A lender that originates loans and sells all of them on the secondary market

A lender that holds loans in its own investment portfolio instead of selling them

A broker that only arranges loans without underwriting

A federal agency that guarantees mortgage loans

Viewing question 56 out of 72 questions

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