Pass the SAFE Mortgage Loan Originator Test with ProSchools' Exam Prep
Prepare for your SAFE Mortgage Loan Originator Test with ProSchools' powerful national and Montana test prep programs. Included are important lessons with multi-media reviews, knowledge-building exercises, and hundreds of practice questions (complete with explanations) that test you on the SAFE Mortgage Loan Originator Test topics. Plus, track your progress and exam readiness with our mortgage exam score monitor. You'll learn how to overcome test-taking anxieties too! Enroll now and pass with confidence.

Montana Loan Originator NMLS Exam Prep Title (click for details) Hours Format Price   National SAFE Loan Originator Test Prep n/a Online $99.00 Info ⁄ Buy Now Montana State SAFE Loan Originator Test Prep n/a Online $79.00 Info ⁄ Buy Now Complete SAFE Loan Originator Test Prep (National + MT) n/a Online $149.00 Info ⁄ Buy Now

What you get with ProSchools' SAFE Mortgage Loan Originator Test Prep

1. Hundreds of online practice questions with explanations and score tracking
2. Lessons on NMLS exam topics in easy-to-read and printable formats
3. Multi-media chapter reviews
4. Knowledge building exercises for the loan originator exam
5. Exam prep tips and strategies

Montana Mortgage Loan Originator Requirements
The requirements to be licensed as an Montana loan originator are:

1. Complete 20 hours of approved prelicense education.
2. All licensees must submit fingerprints through NMLS for a federal background check.
3. All licensees will be required to authorize a credit report through NMLS between October 2010 and December 31, 2010.
4. Pass the SAFE Mortgage Loan Originator Test. The SAFE Mortgage Loan Originator test is actually two exams, a national exam and a state exam, which may be taken separately.
5. Register with the Nationwide Mortgage Licensing Registry (NMLS).

The deadline to complete the education and pass the National component of the SAFE MLO Test has passed! All licensees must pass the Montana component of the SAFE MLO Test by November 30, 2010!

SAFE Mortgage Loan Originator Test Information

The SAFE Mortgage Loan Originator Test consists of two separate exams called "components":

1. National component (100 questions with 90 scored and 10 unscored): The exam will cover: 1) Federal mortgage-related laws (35%); 2) General mortgage knowledge (25%); 3) Mortgage loan origination activities (25%); 4) Ethics (15%)
2. Montana state component (60 questions with 50 scored and 10 unscored) The exam will cover: 1) Montana Division of Banking and Financial Institutions (5%); 2) Montana law and regulation definitions (15%); 3) Montana license law and regulation (25%); 4) Compliance (45%); 5) Disciplinary action (10%)

To schedule and take an exam you must:

1. Create an account in NMLS. Anyone seeking a license must have or create an account in NMLS prior to enrolling.
2. Enroll in the National and/or State-specific test. The fees for the exam will be paid at the time of enrollment through the NMLS.
3. Study for the exam. Note: You are not required to complete your prelicense education prior to taking the exam!
4. Schedule your exam through either Prometric or Pearson VUE. The test is administered at nearly 500 locations nationwide.
5. Arrive at the test center 30 minutes prior to your appointment with current government-issued ID that contains a photo and signature.