Loan Origination Activities · 27% of the SAFE exammedium
Correct answer: Yes, because lender-selected services have zero tolerance for increases
Under TRID, fees for services where the borrower cannot shop (lender-selected services, including appraisals chosen by the lender) have ZERO tolerance — they cannot increase from the Loan Estimate amount. The $25 increase violates this rule.
CRAM ARCADE has the full NMLS question bank, timed practice exams, focus drills on your weakest category, flashcards and spaced repetition. No credit card.
Start studying free