SAFE Mortgage Loan Originator Test National Content Outline
c. Situations that affect a fixed-rate mortgage payment d. Percentage of pay down required to lessen monthly payments e. Fixed-rate mortgage with escrow 3. Adjustable a. Payment options for an ARM b. Facts on margin with respect to ARMs c. Facts on the index with respect to ARMs d. Definition of “fully indexed rate” e. Examples of ARMs f. ................
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