Texas Real Estate State Practice Exam

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Prepare for the Texas Real Estate State Exam with comprehensive study materials. Engage in multiple choice questions and gain insights with in-depth explanations and examples. Ace your exam confidently!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What does a mortgage banker typically provide for mortgages?

Seller financing
Escrow services
Insurance
Funds

The correct answer is: Funds

A mortgage banker typically provides funds for mortgages. Mortgage bankers are financial institutions or individuals that lend money for the purpose of purchasing real estate. They originate, underwrite, and fund loans using their own funds or funds from a line of credit. Seller financing, escrow services, and insurance are not typically provided by mortgage bankers, making them the correct answer in this scenario.