Under which of the following conditions, if any, is a mortgage lender permitted to charge...

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

NMLS MLO Question Answer

Under which of the following conditions, if any, is a mortgage lender permitted to charge a fee for the preparation of a Closing Disclosure?

The borrower requests additional copies of the Closing Disclosure after the closing.

The borrower requests that the Closing Disclosure be prepared before the scheduled closing.

The lender has an affiliated business arrangement with the escrow agent.

The lender is not allowed to charge a fee for the preparation of the Closing Disclosure.

NMLS MLO Summary

Price: $52.5 ~~$149.99~~