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On an FHA-insured loan, the FHA insurance protects the lender in the event that:

On an FHA-insured loan, the FHA insurance protects the lender in the event that:

A.

The borrower is unable to pay the loan.

B.

There is a prior lien against the property.

C.

The lender is not able to find an investor to purchase the loan.

D.

The property suffers damage causing the value to fall below the appraised value.

NMLS MLO Summary

  • Vendor: NMLS
  • Product: MLO
  • Update on: Jul 22, 2025
  • Questions: 230
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