NMLS SAFE Mortgage Test Guides
Valuable Tools for Your Upcoming Mortgage Loan Originator Test
A Better Career
Starts Here
"The NMLS SAFE exam is tough, but I am so happy I bought this guide. Do as I did - prepare with this guide and pass." - Karen W.
Standard
Deluxe
* 250 Questions are Same in Standard & Deluxe
** Hardcopies go to Amazon
Quick Reference Guide
Instructions for Video Download available on page 295
Basic
One of the valuable moves you can make for your career, is getting this book. Not only will you have 250 NMLS SAFE Questions to prepare with (2 exams worth), but you'll also be getting our comprehensive study guide, which breaks down EVERY TOPIC in the NMLS content outline.
​
Found Inside: NMLS SAFE Example Questions
Answer
​
&
​
Explanation
Question 1
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
(C.)
For a fixed rate mortgage there is no fluctuation in the mortgage payment due to interest or principal for the life of the loan. The the total may fluctuate based on property taxes, hazard insurance or PMI.
Question 1
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
Question 3
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
(B.)
A fee simple provides no further stipulations on the transfer.
Question 3
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
Question 2
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
(A)
Due to early withdrawal penalties and taxes associated with a retirement account, they cannot be considered entirely liquid when evaluating an applicant's reserves.
Question 2
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
Question 4
(Hover Mouse to Reveal)
Answer
​
&
​
Explanation
(B.)
The FHA loan is the only one 100% backed by the government. The VA and USDA are partially covered and conventional is 0% covered.
Question 4
(Hover Mouse to Reveal)
NMLS SAFE Practice Guides
Leading You Towards Success
There's no doubt about it, the NMLS SAFE MLO exam is tough. Which is why it's always better to over prepare for this test.
And, the fact that you've landed on our site, shows us that you understand this too.
​
That's why we've put so much information into these guides. From definition of APR to an explanation of the Gramm-Leach-Bliley Act; it's all there.
We want to see you succeed, and these guides can help you do it.
​