Utah Personal Lending and Mortgages (PLM) Certification Practice Test 2025 - Free PLM Certification Practice Questions and Study Guide

Paying an appraiser to rush appraisal fees is not specifically prohibited under Utah rules, as it may fall within customary practices in certain contexts. In many cases, lenders are allowed to expedite appraisals by offering additional payments for quicker service, provided that such actions do not lead to undue influence on the appraisal's objectivity or violate any other relevant regulations. This practice may be permitted as long as it's transparent and does not conflict with federal or state laws related to appraiser independence.

On the other hand, actions such as receiving kickbacks from mortgage brokers, offering gifts to clients over a specified amount, and failing to disclose loan terms accurately often involve unethical practices or potential violations of laws aimed at protecting consumers and maintaining fairness in lending practices. These other actions are typically scrutinized more heavily due to their implications for transparency, fairness, and ethical conduct in lending.