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If you're considering a career as a mortgage loan originator (MLO), getting your license through the Nationwide Multistate Licensing System & Registry (NMLS)…
The NMLS exam has two parts: a 125-question National Component covering federal mortgage law, ethics, and loan origination, and a 25-question State Component covering your state's specific regulations. This guide walks through how to prepare — from building a study plan and using practice exams, to what to bring on test day and how to navigate the exam interface.
The NMLS exam is tough — but passable on the first try with the right approach. These 10 tips cover everything from choosing a quality PE course and using process of elimination, to managing your time during the test and why you should answer every single question.
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