The Keys to Taking and Passing the NMLS Test

There is a lot of trepidation for those who face taking the mortgage loan originator licensing test.  I have seen experienced loan officers fail and others straight out of college pass on the first try.  Though there might seem to be no rhyme or reason regarding these results, there is most definitely a science to taking the test and a preparatory approach that will increase your chances of success greatly.

There is an old saying — Success is not an accident.   I have often modified this saying by adding — …neither is failure.  There is no better example of this statement than taking the licensing exam. Studying randomly and taking the test without adequate preparation increases the chances of failure.

In this article, I would like present what it will take to go about studying and preparing in the right way. First here, are a few points about the test.