Mortgage Loan Originator (MLO) Licensing Practice Test 2026 – Your All-in-One Guide to Exam Success!

The correct answer reflects that the buyer's credit score is not a factor considered in a title commitment. A title commitment is a document provided by a title insurance company that outlines the terms under which it will issue a title insurance policy. It primarily focuses on the ownership of the property, the legal description of the property, and any liens or encumbrances affecting that property.

The terms of insurance coverage offered are critical elements under consideration in a title commitment, as it specifies the extent and limitations of the coverage that the title insurance will provide. Similarly, the names of the parties involved in the transaction are essential to determine who holds the title and to confirm the identities of all parties in the transaction. The property's legal description is fundamentally important in a title commitment because it precisely identifies the property being insured.

Since the buyer's credit score pertains to the borrower's ability to secure financing and does not impact the title's ownership or condition, it is not relevant in the context of a title commitment.