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Exam MLO topic 1 question 26 discussion

Actual exam question from NMLS's MLO
Question #: 26
Topic #: 1
[All MLO Questions]

How many days before consummation must a borrower receive a revised Loan Estimate?

  • A. 4 business days
  • B. 5 business days
  • C. 7 business days
  • D. 10 business days
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Suggested Answer: C 🗳️

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cooldino
1 month, 4 weeks ago
Selected Answer: A
consumer must receive the corrected Loan Estimate no later than 4 (four) business days before consummation.
upvoted 1 times
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cooldino
1 month, 4 weeks ago
Selected Answer: A
consumer must receive the corrected Loan Estimate no later than 4 (four) business days before consummation
upvoted 1 times
...
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