Texas Real Estate State Practice Exam

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Prepare for the Texas Real Estate State Practice Exam with our targeted quiz. Utilize our flashcards and multiple-choice questions, each with hints and explanations, to get exam-ready!

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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.