NMLS UST Mortgage Practice Exam 2026 – Complete Prep Guide

Question: 1 / 400

What is the allowed tolerance between the amount shown on the Loan Estimate and the actual amount due at closing for government recording fees?

5%

10%

The allowed tolerance between the amount shown on the Loan Estimate and the actual amount due at closing for government recording fees is 10%. This means that if the actual fees exceed the estimated amount by more than 10%, the lender is responsible for covering the excess. This tolerance is part of the broader regulations established under the TILA-RESPA Integrated Disclosure (TRID) rules, which aim to provide consumers with clear and consistent information about their loan terms and closing costs. The purpose of this tolerance is to protect consumers from significant discrepancies between estimated and actual fees, ensuring transparency and accountability in the lending process.

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15%

No tolerance

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