Florida Real Estate Exam

Category - Florida

Life insurance companies not willing to deal directly with mortgagors/trustors usually pay a loan preparation and servicing fee, and make real estate mortgage loans to purchasers indirectly through:

  1. Savings and loan associations
  2. FHA or VA
  3. Mortgage companies
  4. All of the above
Explanation
Answer C - Mortgage companies often act as mortgage loan correspondents, helping insurance companies make loans to purchasers.

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