Loan Scenarios

Loan Scenarios

25 Qs

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Loan Scenarios

Loan Scenarios

Assessment

Quiz

Professional Development

Practice Problem

Medium

Created by

Houston FCU

Used 8+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Does my Husband need to come into the branch with me to be added to the loan application?

Yes

No

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

I have several charges offs and collection items on my credit report. Is there anything that you can offer me to help build my credit?

Share Secure Loan

Auto loan

Checking Account

Share Secure Credit Card

3.

DRAG AND DROP QUESTION

30 sec • 1 pt

​ (a)   When pulling a credit report a phone number mismatch appears. What should the MSR do?​

Call the phone number
Ignore it

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

I just started working at my company 1 week ago, what else can I provide as proof of income?

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are interest rates based on?

Paper Grades

Income

Employment

References

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can I include my spouse's income on the application if my spouse will not be added to the application?

Yes
No
Maybe
Not sure

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is a credit check required for all applications?

Yes
No
Maybe
Not sure

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