Mortgage Knowledge - (QM & Non-QM) Help passing the NMLS Exam

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  • Опубліковано 22 сер 2024

КОМЕНТАРІ • 26

  • @sergiomoreno8702
    @sergiomoreno8702 Рік тому +8

    These mec UA-cam videos are better then the stuff you pay for

  • @drones7838
    @drones7838 2 роки тому +5

    I appreciate that this video is spoken at a normal speed and not having to go and put it on .75 playback

  • @mak529
    @mak529 Рік тому +3

    Thank you, this is helping while studying for the SAFE exam.

  • @moaniann9450
    @moaniann9450 4 місяці тому

    Thank you for explaining this in detail and slowly not just giving us the answer to the questions vs explaining the answers.

  • @kidkahuna9030
    @kidkahuna9030 3 роки тому +12

    Super super helpful review, exam in two days!

    • @Mbotts-hi8ri
      @Mbotts-hi8ri 2 роки тому +2

      Did you pass? mines in 2 weeks

    • @kidkahuna9030
      @kidkahuna9030 2 роки тому +6

      @@Mbotts-hi8ri i failed my first attempt with a 72 but passed my second go around. I suggest just really just writing each topic out and making sure each topic is something you can speak on without notes if someone were to ask you a question. Best of luck, you're going to do great!

    • @IllestBangers
      @IllestBangers 2 роки тому +1

      Same. Failed my 1st attempt with 73% but passed my 2nd with 85%
      I failed my 1st attempt because I didn't study practice test questions/compucrams.

    • @Mbotts-hi8ri
      @Mbotts-hi8ri 2 роки тому +4

      I just passed my exam with a 77% these videos helped a lot 🤙

  • @riannarod.8267
    @riannarod.8267 3 роки тому +6

    You are a BOSS!! This is the part I have been struggling with on my practice exams. I appreciate this video!!

  • @VacationRentalMarketing
    @VacationRentalMarketing 3 роки тому +5

    Great info and easy to follow explanations, TY

  • @liquorinfrontpokerinrear3271

    REPAY.. REFINANCE.. in the same transaction at closing. Promissory Note prepayed and the mortgage refinanced back what you just payed in full with a check.

  • @flippdoubt8057
    @flippdoubt8057 3 роки тому +4

    Alright Dave! 👊🏻 Great Info as always!

  • @rauldraper5472
    @rauldraper5472 3 роки тому +2

    Thank you. Very good info

  • @hellogoodbye3898
    @hellogoodbye3898 Рік тому

    Would you consider no ads ? The ads kill the otherwise informative video

  • @mrhowell8872
    @mrhowell8872 2 роки тому +2

    The Three Test was a bit confusing to me between the Points and Fees. Where they in association of the APR/APOR
    Or with the Pre Payment Penalties?
    Perhaps, it was a separate test...
    Please expound my test is soon and I need clarification.

  • @watchlife_reviews
    @watchlife_reviews 3 роки тому +2

    I have a question when is this kind of loan an option for the borrower? Cause this seems like a “I rather not own a home” term lol.

  • @giocruz7033
    @giocruz7033 3 роки тому +4

    pronuance hoepa right please

  • @JovvnnyD
    @JovvnnyD 2 роки тому

    got a question wrong because of this, wasnt 3% it was 5% for all fees and points and other things

  • @kennethreed7744
    @kennethreed7744 2 роки тому

    Why would your friend’s dad have lost 25 years of equity if you hadn’t done his loan? I don’t get it?

    • @MortgageEducators
      @MortgageEducators  2 роки тому

      Hi Kenneth,
      Please reach out to our instructors for a better explanation. instructor@mortgageeducators.com