A mortgage broker's duty of care does NOT require them to do which of the following?

Prepare for the Minnesota Mortgage Loan Originator Test. Engage with interactive quizzes, detailed explanations, and tailored practice questions to boost your readiness and confidence for the MLO exam!

The duty of care for a mortgage broker primarily encompasses the responsibilities of acting in the best interest of the borrower, which includes providing honest information and negotiating favorable loan terms. Obtaining a loan with terms that are within the broker's normal course of business aligns with their expertise and ethical responsibilities.

In contrast, seeking out a loan with terms not within the broker's normal course of business is not typically required. This task may fall outside standard practices or the broker's area of specialization, meaning that the broker would not reasonably be expected to fulfill that obligation within their usual professional scope. Therefore, the correct answer highlights that a mortgage broker's responsibility does not extend to finding loans that fall outside their established operational parameters.

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