SOFE Exam AFE Topic 3 Question 4 Discussion

Actual exam question for SOFE's AFE exam

Question #: 4
Topic #: 3

It indicates the lender's commitment to make a loan in accordance with the terms specified either in the borrower's loan application or in the terms the company approves for the loan.

AVerification of deposits

BCommitment letter

CAppraisal

DOriginal note

Show Suggested Answer

Suggested Answer: B

by Arlene at May 08, 2022, 09:28 PM

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