Loan Origination Activities · 27% of the SAFE exammedium
Correct answer: Yes, it is 4.5%
Points and fees percentage = $8,100 / $180,000 = 4.5%. This exceeds the QM 3% cap.
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