(CMPS) Certified Mortgage Planning Specialist Practice Test
CMPS - Certified Mortgage Planning Specialist CMPS CMPS Credit Analysis and Underwriting Standards Questions and Answers 2
In mortgage underwriting, what is the purpose of a 'rapid rescore'?
Select your answer
A
To request a lower interest rate from the lender
B
To dispute and update credit report errors in days rather than months to improve a borrower's score before closing
C
To combine two loan applications into one file
D
To remove a borrower from a joint application
Hint
