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Exam MLO topic 1 question 24 discussion

Actual exam question from NMLS's MLO
Question #: 24
Topic #: 1
[All MLO Questions]

After receiving a completed application for a creditor's approval of a counteroffer, the creditor must notify an applicant of action taken within how many calendar days?

  • A. 15 calendar days
  • B. 20 calendar days
  • C. 30 calendar days
  • D. 60 calendar days
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Suggested Answer: C 🗳️
by 7b72e61 at June 4, 2025, 3:48 p.m.

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7b72e61
2 weeks, 1 day ago
Selected Answer: C
300 day for offer
upvoted 1 times
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A (35%)
C (25%)
B (20%)
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