Pass the NMLS MLO Mortgage Licensing Exam!

Everything that the NMLS test candidate needs to know about the number one regulation overseeing the real estate industry. Yup! You got it! Anyone who works in a professional capacity within the real estate industry is subject to RESPA’s governance.

Everything that the NMLS test candidate needs to know about the regulation ensuring that if someone is qualified for the credit that they want, then they get the credit that they want!

At first glance, the critical-to-know Truth-in-Lending Act seems complicated and intimidating. After watching this video, however, you'll realize that its bark is much worse than its bite!

The "birth child" of TILA and RESPA, "TRID" establishes critical implications for the timely and compliant issuance of documents and the disclosure of fees. Knowledge of TRID's guidelines is extremely important to performing well on the NMLS exam.

HMDA means much more than asking your applicant to self-identify. Learn everything that you need to know about the Home Mortgage Disclosure Act, for NMLS exam passing purposes, right here!

A comprehensive dive into the regulation that mandates the protection of credit data and the prevention of fraud and identity theft.

The BSA/AML is an important regulation that combats money laundering, prevents the financing of terrorist activities, and is something about which you need to be knowledgable for the NMLS exam.

What the NMLS exam wants you to know about protecting your customers' and consumers' non-public personal information.

Successful NMLS exam candidates must know to whom and when outbound sales and marketing calls may be made.

Although similar to many of the advertising and commercial communication guidelines established through the Truth-in-Lending Act, MAP has several unique applications rendering it necessary for the NMLS exam candidate to be familiar with both.

Whether a consumer is inclined to accept documentation electronically or prefers to receive physical hard copies, their right to choose either is established through the E-Sign Act. And the NMLS exam requires that you know it!

Although the USA PATRIOT ACT's applications closely align with the BSA/AML Rule, there are enough differences between the two to warrant the NMLS exam candidate's familiarization with both.

The Homeowners Protection Act protects consumers whose mortgages contain private mortgage insurance (PMI). How this regulation affects consumers, and the ways that PMI may be removed, are things you'll want and need to know for the NMLS exam.

The Dodd-Frank Wall Street and Consumer Protection Act (Dodd-Frank) is one of the most important regulations overseeing the residential mortgage industry. This video captures its major points that the NMLS exam candidate needs to know for NMLS testing purposes.

Unscrupulous foreclosure rescue providers preying on the vulnerabilities of desperate homeowners facing foreclosure forced the implementation of the Mortgage Assistance Relief Services Rule (MARS). This video will get provide you with what you need to know about MARS for the NMLS exam.

Although you can expect to encounter NMLS exam questions pertaining to the Housing and Economic Recovery Act (HERA), the Fair Housing Act (FHA), and the Community Reinvestment Act (CRA), a generalized overview of these three regulations is all that you will need. This video will provide you with that generalized overview and what you will need to know.

Two of the most important agencies integrated into America's financial system are the Consumer Financial Protection Bureau (CFPB) and the Department of Housing and Urban Development (HUD). This video will provide you with what you need to know about the CFPB and HUD so that you may correctly answer NMLS exam questions that you may be asked about them.

This video reviews the SAFE Act and the process of securing one's MLO license and, along with the Part II video, provides the MLO test candidate with the necessary material for successful navigation through the NMLS exam's Uniform State Content (USC) module.

Knowing the rules can not only keep you compliant and out of hot water personally, but familiarity with State Commissioners' enforcement and compliance authorities will certainly help you correctly answer questions appearing on the NMLS exam.

ONE ADDITONAL POINT THAT WOULD BE GOOD TO KNOW!

A State Commissioner lacks the authority to criminally charge someone. The Commissioner would have to refer the subject to an Attorney General or District Attorney for criminal prosecution.

Do you know the test worthy differences between a Qualified Mortgage and a Non-Qualified Mortgage? No? Well then stop reading this and watch this video!

Learn the fundamental differences between conventional and government as well as conforming and non-conforming mortgage loans. Additionally, this video describes conventional and government (FHA, VA, and USDA) loan parameters culminating with an important overview of the Guidance on Non-Traditional Mortgage Product Risks, all of which the NMLS test candidate needs to know for the NMLS exam.

This video discusses what the NMLS test candidate needs to know about the fixed-rate and fully-amortizing mortgage loan, purchase money second mortgage, balloon mortgage, home equity line of credit (HELOC), construction loan, and interest-only loan.

If you want to understand ARMs, and, believe me, you want to and need to for the NMLS exam and beyond, you're going to want to watch and understand what's discussed in this video.

This video reviews what the NMLS exam candidate is expected to know about the Reverse Mortgage, one of the most important and unique mortgage loan products. It's certainly one on which the NMLS exam taker is likely to be tested!

If you want to pass the NMLS exam, you'll need to know, and understand, all of the terms discussed through this video.

The MLO encounters customers through various methods. The NMLS exam expects the test candidate to be familiar with them all, including required processes!

This is one critically-important NMLS exam prep video! This video discusses the Four C's of Mortgage Loan Origination and what all NMLS exam candidates and future MLOs need to know in order to pass the NMLS exam and successfully originate residential mortgage loans.

You don’t have to become an appraiser but, if you’re going to pass the NMLS exam and practice in the Mortgage Originations Industry, you’ll need to be familiar and comfortable with appraisals.

Title and Title Insurance are extremely important components to residential mortgage loan origination. Additionally, the NMLS exam candidate must be thoroughly familiar with all aspects of these important systems to successfully perform on the NMLS exam.

Mortgage professionals must be familiar with the various types of insurance applicable to the residential mortgage lending industry. Additionally, a thorough knowledge of insurance will ensure your ability to perform well on the NMLS exam!

Closing day's a very important day in the life of a mortgage loan originator (not to mention the borrower). Learn what you need to know about loan closings for NMLS exam purposes right here!

Whether you end up with 25 math questions on the NMLS exam or two, NMLS exam candidates must be able to correctly perform mortgage math. After all, how could you expect to successfully assist your customers finance their homes with sketchy mortgage mathematical skills? That would be similar to a cardiologist being unfamiliar with a stethosco

Scoring well on the NMLS exam's Ethics section means much more than being an ethical person. There are numerous concepts and processes with which the NMLS exam candidate must be familiar in order to achieve testing success. This video, therefore, is a must watch!

Even if you're the most ethical person to ever walk the planet, without a comprehensive understanding of the terms and concepts discussed throughout this video, you'll be a planet walker who scores quite poorly on the NMLS exam's Ethics section!