Challenge Your Exam Readiness With Our Free NMLS Practice Questions

Question # 60

If a borrower has a monthly income of $6,000 and proposed housing costs of $1,800, what is the front-end ratio?

Options:

A.

25%

B.

28%

C.

30%

D.

33%

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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)

NMLS Questions