The NMLS exam is mandatory for every mortgage professional who originates loans, except those employed by FDIC Insured Banks.

Mortgage professionals who originate loans MUST be licensed, but passing the exam is no easy task. In order to be licensed, you need to pass the NMLS exam by securing a score of 75% or more. 

So, is it possible to ace the NMLS exam? 

First up, snag our 12 Tips to Pass the NMLS Exam Guide below! 

5 Un-Ignorable Hacks to Help You ACE the NMLS Exam

1. Focus on Mastering the Concepts

Here’s the thing: There is a database of nearly 4000 possible questions that the examiners can pull from. YOU will get 125 of these. No matter how many times you take the test, you may not get the same questions. Therefore, master the concepts instead of just memorizing questions and answers. They could ask the same questions in multiple ways to confuse you.

2. Read Each Question Twice

Like I mentioned above… ONE concept can have nearly 10 different questions leading from it so it is important that you read every question… TWICE! This means that you take your time and don’t rush through the exam. You get a full 3 hours to complete the exam and you want to make the most of those three hours. 

3. Answer Every Question

Leaving a question blank because you think a wrong answer gets you a zero, guess what! Not answering it gets you a goose egg anyway. Consider this – What if your answer is right? You can’t lose that chance!

4. Know Your Regulations and Their Origins

Leaving a question because you think a wrong answer gets you a zero, guess what! Not answering it gets you a goose egg anyway. Consider this – What if your answer is right? You can’t lose that chance!

5. Study and Rest

Yes, the NMLS exam requires a fair amount of study and even if you are a realtor or have been dealing with mortgages, do NOT {I repeat, do NOT} take the exam for granted and skip studying for it!  

Finally, remember to be rested the night before so don’t be tempted to hit the pubs after a long day of study! Head to bed and sleep so you’re fresh, alert and ready to ace the NMLS exam the next day! 

There you are!

5 guaranteed-to-work tips to keep in mind if you want to ace the NMLS exam on your first attempt! Want more? 

Consider enrolling in our online NMLS exam prep courses.

Or if you want something a little more personal, we also offer in-person NMLS exam prep as well!

Pop in details below and grab our guide that includes 12 tips to help you pass your exam successfully! 

If you have any questions, please do not hesitate to contact us at 800-991-6097 Ext 2 or email us at info@affinityreservices.com or visit our website at www.mlotrainingacademy.com.