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15
×
When the lender is paying for a fee on a VA IRRRL, should the fee be tagged as "specific" or "non-specific" - ?
Specific
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10
×
What are the various boxes of information throughout UI called?
Tiles
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10
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How much cash can a borrower bring to closing on a VA IRRRL loan?
None
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banana
Go to last place!
Oops!
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rocket
Go to first place!
Okay!
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gift
Win 25 points!
Okay!
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baam
Lose 15 points!
Oops!
15
×
What is the name of Freedom's loan servicing platform?
Sagent, LoanServ, or FiServ
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10
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What is the name of the loan document storage system here at Freedom?
EDMS, or Electronic Document Management System
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10
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True or False: you must use your Loan Closer Information Sheet for every loan
False, but we do recommend some way to keep track of loan details!
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15
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What is a Loan Officer called here at Freedom?
Loan Advisor (LA)
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10
×
When is a loan required to carry Flood Insurance?
When it is located in a flood zone
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10
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What does LE stand for?
Loan Estimate
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banana
Go to last place!
Oops!
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fairy
Take points!
5
10
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25
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fairy
Take points!
5
10
15
20
25
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lifesaver
Give 10 points!
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20
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What does the "IRRRL" stand for in VA IRRRL?
Interest Rate Reduction Refinance Loan
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15
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Name two documents that are part of a Title order
Title Commitment, Closing Protection Letter (CPL), Title Company Fee Sheet, Tax Certification, and Clear to Close
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10
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How much cash can a borrower get back at closing on a VA IRRRL loan?
Up to $500.00
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20
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This Freedom program captures activity and communication from the Title Company on a loan
Keystone
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thief
Give points!
5
10
15
20
25
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star
Double points!
Okay!
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fairy
Take points!
5
10
15
20
25
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lifesaver
Give 5 points!
Oops!
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