Beat The NMLS Test
Beat The NMLS Test

Beat The NMLS Test

Ed Davis, EdTheTrainer, Ed The Trainer

Overview
Episodes

Details

Are you a Mortgage Loan Originator preparing for the NMLS Test? Are you feeling overwhelmed by the thousands of pages of information you've been given to study? This is the podcast for you. Each episode clearly covers critical key points to get you over the finish line.

Recent Episodes

What Is The Finance Charge For A Mortgage Loan?
APR 20, 2020
What Is The Finance Charge For A Mortgage Loan?
The Truth In Lending Act requires disclosure of the Finance Charge and APR to better protect the consumer. How does it protect someone who is looking for a mortgage? Listen to this episode to find out.
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19 MIN
The Loan Estimate Fee Buckets
APR 16, 2020
The Loan Estimate Fee Buckets
The Loan Estimate is bound by accuracy requirements that require loan costs be disclosed to within allowable thresholds. How accurate? Listen in for a description of the 3 buckets of fees.
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14 MIN
When Can I Revise My LE?
APR 13, 2020
When Can I Revise My LE?
The Loan Estimate is meant to be disclosed accurately, of course. But what happens if something changes and what we've sent initially no longer works? Check out this episode to learn more about the rules of the REVISED LE.
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10 MIN
What are the 4 C's of Credit?
APR 10, 2020
What are the 4 C's of Credit?
Credit qualification can be complicated but it's really based on a basic model of balance. If you're not familiar with the 4 C's of credit, check out this episode. (we may even give you the 5th C, too)
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11 MIN
What Is A HECM?
MAR 27, 2020
What Is A HECM?
There are a lot of opinions about the Reverse Mortgage out there. Sometimes, it's pretty controversial. What are the basics? Listen to this episode.
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9 MIN