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MLO dumps questions answers

NMLS MLO Dumps

Exam Code:
MLO
Exam Name:
Mortgage Loan Origination (SAFE MLO) Exam
Last Update: Nov 29, 2025
230 Questions with Explanation
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MLO FAQs

SAFE Mortgage Loan Originator (MLO) Test is a national requirement to become a licensed mortgage loan officer in the U.S. It ensures competency in federal laws, ethics, and lending standards under the Secure and Fair Enforcement (SAFE) Act.
Yes! The exam includes:

National Test Component (100 questions)
State Test Component (25 questions) (varies by state).
No formal education requirements, but you must:

Complete 20 hours of NMLS-approved pre-licensing education.
Pass a background check + credit review.
Recommended resources:

NMLS SAFE Test Handbook (free download)
CompuCram, OnCourse Learning, or PrepXL (paid practice tests)
"Mortgage Loan Originator Exam Prep" by Patricia O'Connor
MLO practice test (Dumpspedia)
State-specific supplement guides
Key areas include:

Federal mortgage laws (TILA, RESPA, HMDA, ECOA)
Loan origination process (application, underwriting, closing)
Ethics and fraud prevention
State-specific regulations (varies by state)
Math concepts (LTV, DTI, APR calculations)
Dumpspedia’s MLO dumps provide real questions on federal laws and ethics, in PDF and Testing Engine formats, ensuring relevant, current study for SAFE compliance.

A structured waiting period is mandated between retake attempts. If a candidate fails the exam on their first or second attempt, a 30-day waiting period is enforced before they are eligible to reschedule. However, failing the exam on the third attempt triggers a significantly longer 180-day waiting period before any subsequent attempt can be made. This tiered policy underscores the importance of adequate preparation, such as utilizing robust practice resources like those on "dumpspedia", especially after the initial failures.

Related Certification Exams

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MLO Last Week Results!

32

Customers Passed
NMLS MLO

88%

Average Score In Real
Exam At Testing Centre

91%

Questions came word by
word from this dump

Mortgage Loan Origination (SAFE MLO) Exam Questions and Answers

Questions 1

A lender will require private mortgage insurance for first lien loans with loan-to-value over what percentage?

Options:

A.

70%

B.

75%

C.

78%

D.

80%

Questions 2

Private mortgage insurance (PMI) is required to be automatically removed by a lender/servicer when which of the following events occur?

Options:

A.

When the borrower provides a cancellation request

B.

When the principal balance of the loan reaches 78% of the original value when scheduled

C.

When the borrower has been current for at least five years and has a loan to value of 80% or less

D.

If the borrower produces an appraisal that shows that the borrower currently has more than 20% equity

Questions 3

A borrower obtains a 2-1 buydown mortgage loan with a 30-year term and a 6% note rate. The borrower's payments will be calculated based upon which of the following?

Options:

A.

4% interest in year 1 and 6% interest in years 2 through 30

B.

4% interest in years 1 and 2 and 6% interest in years 3 through 30

C.

4% interest in year 1, 5% interest in year 2 and 6% interest in years 3 through 30

D.

5% interest in years 1 and 2 and 6% interest in years 3 through 30

What our customers are saying

Argentina
Levi Cobb
Nov 25, 2025

I’m really satisfied with the MLO (SAFE) practice exam from Dumpspedia. It covered important areas like Dodd-Frank Act, Licensing Requirements, and Loan Servicing Rules, which came in the actual test. A perfect study tool for passing on the first try!

United States
Melissa
Jul 22, 2025

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Jul 16, 2025

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United States
Rebecca
Jun 29, 2025

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