Purchase NMLS : MLO Exam Materials and then pass exam easily

Updated: Aug 14, 2026

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NMLS MLO Exam Overview:

Certification Vendor:NMLS
Exam Name:Mortgage Loan Origination (SAFE MLO) Exam
Exam Number:SAFE-MLO
Exam Duration:190 minutes
Exam Price:$110 USD
Exam Format:Multiple Choice
Passing Score:75%
Certificate Validity Period:5 years
Related Certifications:SAFE Mortgage Loan Originator License
Available Languages:English
Real Exam Qty:120
Sample Questions:NMLS MLO Sample Questions
Exam Way:Online Proctored or Test Center
Pre Condition:Completion of required NMLS-approved pre-licensing education and background checks may be required by individual states.
Official Syllabus URL:https://mortgage.nationwidelicensingsystem.org/knowledge/products/nmls/pubs/testingHbk/education/mlo_testing/mlo_test_faq/mlo_testing_hbk_testOutline.html

NMLS MLO Exam Syllabus Topics:

SectionWeightObjectives
General Mortgage Knowledge20%- Mortgage Fundamentals
  • 1. Underwriting Basics
  • 2. Mortgage Terminology
  • 3. Qualified and Non-Qualified Mortgages
  • 4. Loan Types
  • 5. Interest Rates and Calculations
Federal Mortgage-Related Laws24%- Federal Mortgage Laws
  • 1. Privacy and Consumer Protection
  • 2. Truth in Lending Act (TILA)
  • 3. Fair Credit Reporting Act (FCRA)
  • 4. Real Estate Settlement Procedures Act (RESPA)
  • 5. Equal Credit Opportunity Act (ECOA)
Ethics18%- Ethical Practices
  • 1. Fair Lending
  • 2. Consumer Protection
  • 3. Fraud Prevention
  • 4. Professional Conduct
Mortgage Loan Origination Activities27%- Loan Origination Process
  • 1. Processing and Underwriting
  • 2. Borrower Qualification
  • 3. Financial Calculations
  • 4. Closing Procedures
  • 5. Application Process
Uniform State Content11%- State Regulatory Content
  • 1. State Mortgage Regulations
  • 2. Licensing Requirements
  • 3. SAFE Act
  • 4. Compliance Standards

NMLS Mortgage Loan Origination (SAFE MLO) Sample Questions:

1. A borrower visits a mortgage loan originator (MLO) for Mortgage ABC to discuss getting a home equity line of credit (HELOC) loan from Bank LMN. The MLO encourages the borrower to apply with Bank XYZ instead because ABC does not provide HELOC loans. When the borrower submits an application directly to XYZ, XYZ pays the MLO $100 from the 1% origination fee that it collected from the borrower. Is this fee permissible?

A) The fee is not permitted as the MLO did not perform any actual origination services for the borrower, unless the fee was paid directly by the borrower.
B) The fee is not permitted as the MLO did not perform any actual origination services for the borrower.
C) The fee is permitted if the fee is disclosed on the final settlement statement.
D) The fee is permitted as the MLO performed origination services for the borrower.


2. Which of the following property value approaches does an appraiser use on a rental property?

A) Cost approachB Income approach
B) Sales comparison approach
C) Annual approach


3. Which of the following is an origination fee?

A) Underwriting fee
B) Title insurance fee
C) Prepaid interest fee
D) Appraisal fee


4. Which of the following loan types is covered by the Real Estate Settlement Procedures Act (RESPA)?

A) Student loan
B) Commercial real estate loan
C) Auto loan
D) Residential real estate loan


5. Which of the following types of income are considered as qualifying when applying for a mortgage loan?

A) Net rental income
B) Reimbursed expenses
C) Family gifts
D) Federal tax refund


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: A

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