SAFE MLO Test prep
SAFE MLO Test course and practice exams
Practice all five content areas, then sit two timed practice exams on the real 190-minute clock.
Plans and prices
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Ask Lock about this course AI
Tap a question, or type your own. With SAFE MLO Test course: up to 40 messages a day.
Answers come from this course's own plans and contents.
- 10 modules of lessons, each with a short check
- 2 timed exams at real length: 120 questions, 190 minutes
- 156 flashcards with spaced review
Lifetime access, including your retake
Not paid to us Exam fee $110. Our prices above cover the prep, not the exam.
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Have my manager pay instead
Everything in SAFE MLO Test course
Learn all five content areas, then prove it on timed practice exams.
- 10 lesson modules covering every task in NMLS's SAFE MLO Test outline
- A week-by-week study plan built from your free check and exam date
- 316 original questions, each explained with the reference it uses
- 2 full-length timed exams (120 questions, 190 minutes), weighted like the real exam
- NMLS's test is 120 questions in 190 minutes: 115 scored plus 5 unscored pretest questions that are not identified. Each practice exam holds 120 questions in the full 190 minutes, all scored.
- After each timed exam, see how each domain moved since your last one
- Domain scores after every drill show what to study next
- Exam-day checklist: what to bring, allowed references and the on-screen calculator
- Today's 10: ten a day, and every miss comes back until you get it right
- Listen to Today's 10 on the go
- Readiness by domain, from your own practice results
- Every question, reshuffled into new sets aimed at your weakest domain
- Flashcards for every domain, with spaced review
- Lock, your AI study assistant
Best if: You want a clear path through federal law, state content, loan products, origination and ethics.
What's covered
- RESPA and Regulation X (Content area CA.1)
- ECOA, TILA, HOEPA and MLO compensation (Content area CA.1)
- TRID: the Loan Estimate and Closing Disclosure (Content area CA.1)
- Other federal laws and the regulators (Content area CA.1)
- The SAFE Act and the model state law (Content area CA.2)
- Mortgage programs and loan products (Content area CA.3)
- Mortgage industry terms (Content area CA.3)
- Application, verification and disclosure timing (Content area CA.4)
- Qualification, underwriting, closing and loan math (Content area CA.4)
- Ethics, fraud and fair lending (Content area CA.5)
In SAFE MLO Test course
- 316original questions
- 2timed exams at real length
- 10modules of lessons
- 156flashcards
See how Lock answers
Loan-to-value on a purchase
A home sells for $300,000 and appraises at $290,000. The buyer borrows $261,000. What LTV does the lender use?
You: The house sells for $300,000 but appraises at $290,000. Which number do I divide the loan by for loan-to-value?
Lock: Use the lower of the two. On a purchase, loan-to-value is figured on the sales price or the appraised value, whichever is less, so here it's $290,000. A $261,000 loan is 261,000 / 290,000 = 90%.
Key point: Purchase LTV: loan amount over whichever is smaller, sales price or appraisal.
An original example, not an exam question. AI can be wrong, so check it against your course.
What members get
With the course.
Today's 10 10 questions a day from your misses and your weakest domain, so what you got wrong comes back. Plus a missed set of up to 50.
A plan to your exam date Set your date and get a week-by-week plan you can add to your calendar in one tap.
Readiness by domain Your practice results against a 75% study target, and how they moved this week. A study target, not a pass prediction.
- Timed exams on the real clock. A live pace line, and Save and exit when you need a break. You pick up with the time you had left.
- An exam-day guide. What to bring, the references you may use and the calculator rules.
- 316 original questions, every one explained. Review every miss after each timed exam. Practice sets show you the ones you haven't seen first.
- Wrong answer key? We fix it within 2 business days and log it publicly.
- One payment. No subscription, nothing renews.
- Didn't pass? Every plan except the 7-day pass has lifetime access. Your retake prep is already paid for.
Practice drawn to the SAFE MLO Test outline: every domain at its exam weight
- Federal Mortgage Related Laws24%
- Uniform State Content11%
- General Mortgage Knowledge20%
- Mortgage Loan Origination Activities27%
- Ethics18%
See the numbers
Each domain's weight on the SAFE MLO Test outline, as our timed exams draw it, beside its share of the 316-question bank.
| Domain | Outline | Bank |
|---|---|---|
| Federal Mortgage Related Laws | 24% | 24% |
| Uniform State Content | 11% | 11% |
| General Mortgage Knowledge | 20% | 20% |
| Mortgage Loan Origination Activities | 27% | 27% |
| Ethics | 18% | 18% |
Instant access. Everything in the plan you choose opens as soon as checkout completes.
See the teaching before you buyRead a complete lesson from the course, “Loan Estimate and Closing Disclosure timing”, and try a short practice set with full explanations. Free, no signup.
Read the free lessonWhat the course covers
10 modules, mapped to the content areas in NMLS's published SAFE MLO Test content outline.
- RESPA and Regulation X (Content area CA.1)Which loans RESPA covers · Section 8: kickbacks and unearned fees · Disclosures at application under RESPA · Escrow accounts · Servicing rules you should recognize
- ECOA, TILA, HOEPA and MLO compensation (Content area CA.1)ECOA and Regulation B · TILA and Regulation Z basics · HOEPA high-cost mortgages (1026.32) · Higher-priced mortgage loans (1026.35) · How loan originators may be paid (1026.36(d))
- TRID: the Loan Estimate and Closing Disclosure (Content area CA.1)Which loans TRID covers · What starts the clock: the application · Two kinds of business day · The Loan Estimate · Good faith and the three tolerance groups · When the creditor may reset the estimate · The Closing Disclosure · Worked calendars · Worked tolerance math
- Other federal laws and the regulators (Content area CA.1)HMDA and Regulation C · FCRA, FACTA and Regulation V · The Red Flags Rule (16 CFR 681) · Bank Secrecy Act, AML and the USA PATRIOT Act · GLBA privacy and Regulation P · Telemarketing and Do-Not-Call (16 CFR 310) · Regulation N: mortgage advertising · E-Sign Act · Homeowners Protection Act · Dodd-Frank and the regulators
- The SAFE Act and the model state law (Content area CA.2)Why the SAFE Act exists · Who must be licensed · License requirements (1008.105) · Keeping the license (1008.107) · What state regulators can do (1008.111 and 1008.113) · Conduct rules from the model state law
- Mortgage programs and loan products (Content area CA.3)Ability to repay and qualified mortgages · Conventional loans · Government loans · Nontraditional mortgage products · Loan products
- Mortgage industry terms (Content area CA.3)Loan terms · Disclosure terms · Financial terms · General terms
- Application, verification and disclosure timing (Content area CA.4)The inquiry stage · Taking the application · Gift funds · Verification · Suitability: matching the product to the borrower · The disclosure clock at application
- Qualification, underwriting, closing and loan math (Content area CA.4)Borrower analysis · Qualifying ratios · Ability to repay · Appraisals · Title · Insurance · Closing · The financial calculations
- Ethics, fraud and fair lending (Content area CA.5)Prohibited acts · Fairness in lending · Fraud detection · Advertising · UDAAP · Predatory lending and steering · Ethical behavior in origination
Questions
When do I get access?
Straight away. Checkout takes you to your course, and the receipt email has the same link.
How do I get back into my course?
Use the link in your receipt email. If you can't find it, enter your email on the course page and we resend it to the address on your order.
Is 316 questions enough?
Each one comes with a worked explanation and its reference. You also get 30 end-of-module checks. Today's 10 and your missed set bring your misses back on later days, so you work the bank instead of reading it once.
Can I get a refund?
Eligibility depends on your plan, when you request a refund and your paid use. See the refund terms for the conditions and exceptions.
What if I need a retest?
Keep studying in the same course. Your access has no end date, so your retake prep is already paid for, and your practice history, missed questions and readiness by domain are still there. The 7-day pass is the exception: it ends after 7 days.
How long do I keep access?
Lifetime access: your access has no end date. Updates are included, so if NMLS moves this exam to a newer code edition while you have access, your course moves with it. The 7-day pass is the exception. 7-day pass: access ends 7 days after payment, to the minute. It does not renew and is not a subscription. A timed practice exam started before then can still be finished.
More questions (6)
If I buy the 7-day pass now, is its price taken off a bigger plan later?
No. Each plan is a separate purchase at its listed price, and the $29 paid for the 7-day pass is not credited toward another plan. With more than a week before your exam, a full plan is the better buy.
Are the questions copied from the exam?
No. Every question is original and written to NMLS's published content outline. Exam content is confidential and we never use it. We are not affiliated with or endorsed by NMLS, CSBS or Prometric.
How are the questions written?
In our own words, to NMLS's current published outline. See how many questions cover each domain.
Can my employer pay?
Yes. Pay at checkout and we email a receipt you can expense, or download a reimbursement request to send your manager.
Is Lock AI?
Yes. Lock is an AI study assistant, not a person or an instructor. Check important details against your lessons and references.
Can you promise I will pass?
No, and nobody honest can. We promise everything listed in your plan, and a fix within 2 business days for any wrong answer key.
Employer paying?
Many employers fund SAFE MLO Test prep. Generate a reimbursement request PDF to send to your manager.