Loan Officer Skills Assessment

$16.00

Loan Officer Skills Assessment

$16.00
description

The Loan Officer Skills test is designed to assess the proficiency of a loan officer in four major categories. These categories are as follows: Consumer lending, commercial lending, mortgage lending, and regulatory compliance. This test is appropriate to administer to those working or intending to work as a loan officer.

Tests for Loan Processing Skills, and Loan Underwriting Skills are also available.

 

Total Questions 35
Question Types Multiple Choice
Competencies Tested Regulatory
Consumer Loan
Mortgage Loan
Commercial Lending
Commercial Loan
Tasks Tested Usury
Denied Credit
Redlining
Good Faith Estimate
Right of Rescission
Compliance
Personal Savings Collateral
Co-signer
Credit Reporting
Collections - Right of Offset
Simple Interest
Underwriting
Balloon Feature
Perfect a Lien
Rule of 78's
Installment Payments
Collateral - Appraisal
Private Mortgage Insurance
Equity Products
Purchase Money Loan
Debt to Income
Flood Search
Reverse Mortgage
Loan to Value
Title Work
Revenue Points
Statement Knowledge
Debt-to-Worth Ratio
Statement Type
Statement Analysis
Future Value
Earnings Ratios
Prime Rate
Quick Ratio
Cash Flow