SAFE MLO test prep and study tools designed to help you pass the SAFE MLO exam the first time.
✓ 1825+ practice questions
✓ 11 simulated exams
✓ 800+ interactive flashcards
Designed to help you pass your exam the first time.
Identity your strengths and areas for improvement with quizzes, tests, and more.
Get a customized plan tailored to your skillset and your actual exam date.
Adaptive learning technology allows for a personalized learning experience.
Keep your access to Prep xL for a year to ensure you are ready for the exam.
— Vincent C, Studied with Prep xL
Prepare to pass your NMLS exam with a study booster like Prep xL or register for a webinar session to gain valuable study tips from an industry expert.
✓Covers all exam sections
✓Online self-paced format
✓Personalized study plans
✓Practice exams and quizzes
✓8 hour or 4 hour sessions
✓Covers all exam sections
✓Live webinar format
✓Participate & ask questions
Premier and Premier Plus PE packages now include Prep xL. Select the states in which you wish to be licensed, then choose an NMLS-approved license package.
Important details to know about NMLS test prep.
The SAFE MLO exam consists of 120 multiple-choice questions that cover five key content areas: federal mortgage-related laws (24% of the exam), uniform state content (11%), general mortgage knowledge (20%), mortgage loan origination activities (27%), and ethics (18%).
To find out what may be covered on the exam in more detail, the NMLS provides a handbook and a national test outline that you can use to study. Keep in mind that the outline is not intended to be a full list of every topic and subtopic that will be covered. Be sure to review chapter 7 of the handbook to familiarize yourself with what to expect on your test day.
The cost to take the exam is $110. Once a test enrollment request has been submitted and payment has been processed, you will have a 180 day enrollment window to complete the exam. Learn more about the testing process in chapter 2 of the handbook.
You must score a 75% or better to pass the exam. Scores below 75% will be considered a failure by the NMLS and will require you to re-take the test (and pay the testing fee again).
To give yourself the best opportunity of passing on your first attempt, we highly recommended using Prep xL alongside your pre-licensing education. Practice often and test your understanding of topics and questions that could be on the exam. Learn more about Prep xL in this video:
Get answers to the most frequently asked questions about the NMLS exam.
Register for the NMLS national licensing exam by following these steps:
It is important to remember that the pass rate for the exam is very low and it is quite common to fail on your first attempt. To retake the exam, you will need to pay the required fees and wait at least 30 days before you are able to try again. If you fail again, you will be required to wait at least 180 days until you are able to take it again.
Most importantly, don't be discouraged if you don't pass on your first few attempts. If you purchased an exam prep tool like Prep xL, your access lasts for a full year from the time of purcahse. So, use your waiting period wisely, keep studying the material and you'll position yourself for success on your next try.
Once you receive a passing score on the exam, you'll need to apply for your mortgage loan originator license through the NMLS website, authorize background checks, a credit check and pay any state-specific application fees.
To learn more about the steps to complete your MLO application, read our step-by-step guide.
We have an updated user login experience. Based on your date of purchase, please follow the instructions outlined on our Prep xL FAQ page.
Please review these details instructions, and if you have additional questions reach out to support at 866-512-9888.
Our fast-paced exam prep webinars are taught by live instructors who have taken the exam before. Webinars allow you to interact with the instructor and ask any questions about the NMLS exam.
Don’t lose the return on your training investment with new hires that don’t pass. Get your new hires the tools they need to pass their exam the first time. Our exam prep tools are proven to get your new hires licensed and ready to sell, faster.
