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Texas Real Estate Exam Question List


Which of the following is not part of loan servicing?

  1. Processing payments, sending statements
  2. Managing the escrow account
  3. Handling pay-offs and assumptions
  4. All of the above are part of loan servicing
See Answer
2 A period payment cap applies to:
  1. any mortgage taken out in the U.S.
  2. adjustable rate mortgages
  3. fixed-rate loans
  4. government loans
See Answer
5 The term “servicing” describes:
  1. the collection of mortgage payments from borrowers
  2. what the mechanic does to your car
  3. duties of a loan servicer
  4. both A and C
See Answer