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1 year ago

Which of the following statements is true regarding a mortgage loan originator (mlo)

1 answer:

5 0

The only option that is correct about a mortgage loan originator is that; Option B: A mortgage loan originator must have a separate license.

<h3>What is a Mortgage Loan Originator?</h3>

Mortgage loan originators are defined as those who help borrowers through the mortgage application process and the loan closing.

Now, a mortgage loan is a loan in which registered property, such as real estate, serves as collateral. If a person borrows money for the purchase of a house, and gives the house as collateral, he is the owner of the property, borrower and mortgagor. The lender, usually a financial institution, is the mortgagee (he acquires the right of mortgage: first right of sale).

Looking at the options, the only one that is correct about a mortgage loan originator is that; Option B: A mortgage loan originator must have a separate license.

The missing options are;

(a) A mortgage loan originator is the same as a mortgage broker.

(b) A mortgage loan originator must have a separate license.

(d) A mortgage loan originator must have a real estate license.

Read more about Mortgage Loan Originator at; brainly.com/question/22598793

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Choose the best translation: to hug abrazar explicar acompañar nacer

mylen [45]

Answer:

abrazar, ik because i know spanish

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2 years ago

Which reaction will most likely take place based on the activity series? li > k > ba > ca > na > mn > zn >

Ivenika [448]

The only reaction that will most likely take place based on the activity series is; C: Ba + Na₂CO₃

<h3>Activity Series</h3>

From the activity series given, we can say that during a displacement reaction, the more reactive metal will always displace the lesser reactive metal from a compound.

Let us look at each of the given options;

A) Ag + FeCl₃

From the activity series, Silver(Ag) is less reactive than Iron(Fe) and as such Silver cannot displace iron from its' compound.

B) Zn + CaO

Zinc (Zn) is a less reactive metal than Calcium (Ca), so it cannot cannot displace Calcium from its' compound.

C) Ba + Na₂CO₃

Barium (Ba) is a more reactive metal than Sodium (Na), and therefore Barium will displace sodium from its compound in a displacement reaction.

D) Cr + KNO₃

Chromium (Cr) is a lesser reactive metal than Potassium (K), and it therefore cannot displace Potassium from its compound.

Complete question is;

Which reaction will most likely take place based on the activity series? Li > K Ba > CaNa > Mn > Zn > Cr> Fe> Cd Ni > H > Sb > Cu > Ag > Pd > Hg > Pt

A. Ag + FeCl₃

B. Zn + CaO

C. Ba + Na₂CO₃

D. Cr + KNO₃

Read more about Activity Series at; brainly.com/question/17469010

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2 years ago

What is the average of the following numbers? 2, 5, 8, 1.

tensa zangetsu [6.8K]

2+5+8+1=16
16/4=4
4 is the average (mean)

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2 years ago

What is the best way to be successful in an examination which will be done before 1 month?

steposvetlana [31]

Answer:

According to my experience, revising the chapters before 1 month would really be beneficial. If you have the habit of following time table then you can make one and set the target to finish the syllabus right 3 or 4 days before examination which would make you feel confident. Find your distraction factor and try your best to avoid it. Practicing maths at night and reading the other subjects at morning will be more suitable. You can write the things on your rough copy which would really help you to memorize for language subject. And for maths you may start from the easy questions and you may go to difficult ones. That will help you somehow to develop interest. Dont choose a place like bed to study. Sit in such place where you won't feel sleepy. Dont feel pressurize while reading.

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3 years ago

let $abcd$ be a parallelogram such that $ab = 10,$ $bc = 14,$ and $\angle a = 45^\circ.$ find the area of the parallelogram.

kumpel [21]

Answer:

Explanation:

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2 years ago