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CMC Certified Mortgage Consultant VIP Exam
CMC — The Certified Mortgage Consultant (CMC) is the highest-level professional designation issued by the National Association of Mortgage Brokers (NAMB); candidates must hold prior NAMB certifications, demonstrate years of origination experience, complete continuing education, and pass a written examination covering advanced mortgage lending, federal regulations, ethics, and business practices.
57
Questions
120m
Time Limit
75.00%
To Pass
Question 1 of 57👑 VIP
A senior mortgage consultant is reviewing a loan application for a married couple. The wife is the primary borrower with a 720 credit score; the husband is a co-borrower with a 638 credit score. The lender uses a tri-merge report for each applicant. Under standard agency guidelines for a conventional loan, which credit score should the lender use for qualifying purposes?
Questions 2–57 and full explanations are VIP-exclusive.