Quibank Exam Prep

Lesson 10 of the free Quibank NMLS SAFE course: the Bank Secrecy Act and borrower privacy.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-10-bsa-sars-privacy

Lesson 9 of the free Quibank NMLS SAFE course: mortgage advertising. Regulation Z's four trigger terms and the required disclosure trio (down payment, repayment terms, APR), the state bait-and-switch rule (advertised terms must be actually available — disclaimers don't cure), and Regulation N's ban on material misrepresentations including fake government programs.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-9-advertising-trigger-terms

Lesson 8 of the free Quibank NMLS SAFE course: HOEPA's three high-cost triggers (APR spread, points and fees, prepayment penalty) and the consequences (mandatory HUD-approved counseling; prepayment penalties, balloons, and negative amortization banned), plus Regulation Z's originator compensation rules: never pay by a term or its proxy, fixed percentage of loan amount is fine, and the absolute dual-compensation ban.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-8-hoepa-mlo-compensation

Lesson 7 of the free Quibank NMLS SAFE course: TRID part 2. The Closing Disclosure's 3-business-day receipt rule, the only three changes that restart it (APR inaccurate, product change, prepayment penalty added), the zero / 10% / unlimited tolerance buckets (transfer tax is zero; recording fee is 10%), and the 60-calendar-day cure window.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-7-trid-closing-disclosure-tolerances

Lesson 6 of the free Quibank NMLS SAFE course: TRID part 1. The six-item application definition (and the eliminated seventh catch-all), the Loan Estimate's 3-business-day delivery deadline, and the 7-business-day waiting period before consummation.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-6-trid-application-loan-estimate

Lesson 5 of the free Quibank NMLS SAFE course: ECOA and Regulation B. The nine prohibited bases and the ECOA-vs-Fair-Housing comparison (ECOA-only: age, marital status, public assistance income), the spouse-signature rule (qualified alone means no required spouse signature), and the 30-day notification clock for completed applications — with 90 days reserved for incomplete ones.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-5-ecoa-fair-lending

Lesson 4 of the free Quibank NMLS SAFE course: RESPA and Regulation X. Section 8's kickback ban (things of value include gift cards — no nominal-value exception, no disclosure cure), the three conditions of the affiliated business arrangement exception, Section 9's treble-damages penalty for seller-steered title insurance, and the 15-15-60 servicing-transfer rule.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-4-respa-kickbacks-settlement

Lesson 3 of the free Quibank NMLS SAFE course: TILA and Regulation Z. What goes into the finance charge (points, prepaid interest, mortgage insurance) and what stays out (title, appraisal, recording), when the right of rescission exists (non-purchase-money lien on the principal dwelling), how to count the three business days (Saturdays count; Sundays and 10 federal holidays don't), and the missing-notice penalty: three years to rescind, then 20 calendar days for the creditor to unwind.

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-3-tila-regulation-z

Lesson 2 of the free Quibank NMLS SAFE course: the SAFE Act's definition of a mortgage loan originator (take an application OR negotiate terms — either alone triggers licensing), the processor/underwriter exclusion (supervised employees only — never independent contractors), the real estate agent exclusion (lost when a lender compensates the agent), and the education requirements: 20 hours pre-licensing (3-3-2) and 8 hours annual CE (3-2-2).

Free practice questions: https://quibank.com/en/mlo

Episode page: https://quibank.com/en/podcast/nmls-safe-mlo-course-2-who-needs-a-license

~76 min · 107 questions

Practice every question free (EN/中文/ES, explanations, mock exams):

https://quibank.com/en/real-estate?utm_source=podcast&utm_medium=longplay&utm_content=ca-real-estate-107q

Written to the current California DRE salesperson exam outline. Always verify against current DRE materials before your exam.