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Utah Personal Lending and Mortgages (PLM) Certification Practice Test 2026 - Free PLM Certification Practice Questions and Study Guide Flash Cards

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If a mortgage loan originator is unable to close a loan application and refers it to another mortgage company, what compensation is the first loan originator entitled to?

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The first loan originator may be paid for services actually rendered, as long as the payment goes through the loan originator's PLM

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