A Washington loan file reviewer reviews a renewal calendar about Washington prohibits leaving blanks document instructing borrower before submission. What should the reviewer choose?
Correct Answer
D) Washington prohibits leaving blanks on a document and instructing the borrower to sign it, while permitting N/A marking when information is not applicable.
Washington prohibits leaving blanks on a document and instructing the borrower to sign it, while permitting N/A marking when information is not applicable.
Why This Is the Correct Answer
Washington prohibits leaving blanks on a document and instructing the borrower to sign it, while permitting N/A marking when information is not applicable.
Why the Other Options Are Wrong
Option A: Proceed before the required Washington license, sponsorship, disclosure, record, or approval is in place.
Proceed before the required Washington license, sponsorship, disclosure, record, or approval is in place. is not correct because the governing rule requires the compliant answer shown in the explanation.
Option B: Use an informal manager exception without updating the license, file, or required record.
Use an informal manager exception without updating the license, file, or required record. is not correct because the governing rule requires the compliant answer shown in the explanation.
Option C: Use a verbal explanation instead of the required license status, disclosure, record, or filing.
Use a verbal explanation instead of the required license status, disclosure, record, or filing. is not correct because the governing rule requires the compliant answer shown in the explanation.
Memory Technique
WA -> wa-prohibited-practices-disclosures-and-compensation
Exam Tip
Washington prohibited-practice questions often test timing, borrower compensation, document blanks, appraiser pressure, or misleading advertising.
Common Mistakes to Avoid
- -Using a national baseline answer when Washington has a state-specific rule
- -Confusing DFI guidance, RCW requirements, and WAC implementation details
- -Treating temporary authority, remote work, or exemptions as blanket permission
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