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8 free resources: exam facts, study guides, practice and calculators. Not sure where to begin? Take the check first.
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Exam facts and requirements
6 resourcesWhat is on the exam, who can sit it, what it costs and how to keep it.
- SAFE MLO Test content outline: five areas and weightsThe five SAFE MLO Test content areas and their weights (27, 24, 20, 18 and 11 percent), what each covers, and how the 120-item test is built.
- How hard is the NMLS exam? What it testsHow hard the NMLS SAFE MLO Test is, from what NMLS publishes: 115 scored items in 190 minutes, a 75% passing score and where prep pays off.
- NMLS exam cost, retakes and waiting periodsWhat NMLS says about the SAFE MLO Test: the $110 fee, enrolling and scheduling, cancelling, the 30 and 180 day retake waits, results and when a pass expires.
- How to become a mortgage loan originatorThe federal SAFE Act steps to an MLO license: NMLS registration, 20 hours of education, the SAFE MLO Test, a background check and renewal. States add more.
- TRID timing cheat sheet for the NMLS examLoan Estimate and Closing Disclosure deadlines in one place: 3, 7 and 4 business days, tolerances and which days count, from Regulation Z.
- Mortgage math for the NMLS examThe calculations on the SAFE MLO Test outline: LTV, debt-to-income, monthly payment, points, prepaid interest and ARM adjustments, each worked through.
Study guides
1 resourceWork through one topic at a time, with the method and worked examples.
Practice tests and drills
1 resourceCheck yourself on questions, symbols and code look-ups, then see what to fix.