State Exam Test Prep: Washington

Course State Exam Test Prep: Washington Price $47


This course includes the following:
SL WA1 – State Law – Washington
SL WA3 TP – Washington State Law Definitions

This course is designed to prepare you to pass the NMLS Washington, with material and questions all tailored to the test outline! This course includes:
1. Over 150 test questions that simulate the state exam questions:

a. You can take the test an unlimited amount of times

b. The questions are randomized so each test is different

c. Clickable wrong answers so that you know what section to review

2. Printable and Online slides

3. Notes that discuss each slide and provide further insight

The exam outline we follow is listed below. Please enjoy the class!

SAFE Mortgage Loan Originator

Washington State Law

Welcome to the Washington State Law component of your SAFE training.  This course fulfills the state-specific portion of the education requirement of the Department of Financial Institutions for an individual seeking to be licensed as a mortgage loan originator in the State of Washington.  Upon successful completion of this course you will have a strong understanding of the laws and regulations specific to mortgage loan originators and lenders in the state of Washington, as well as the information needed to pass the Washington State Exam.
If you successfully complete the practice test at the end of this course, you will be prepared to take the state portion of the pre-licensing exam.  However, it is unlikely that you will pass that exam unless you do the following:

1.    Give 100% of your attention to this class.  Turn off your cell phone, turn down the ringer on your home or office phone, and let everyone know that you should not be disturbed for the next three hours.  If you are at home, turn off the TV and your music player as well.
2.    Participate by taking notes and asking questions.  Taking notes helps to solidify information in your memory and asking questions will help both you and other students to understand the material covered.
3.    Study the materials provided.  We will be covering a great deal of information today.  You will need to study and review the materials several times before you will be prepared to take the pre-licensing exam.
4.    Take the pre-licensing exam within 10 days of completing this course.  We all start to forget what we learn within hours of finishing a class.  The sooner you take the exam, the more likely you are to pass.

About the Exam

Both the practice test that follows this course and state portion of the pre-licensing exam follow an outline provided by the Nationwide Mortgage Licensing System and Registry (NMLSR).  The general topics and proportion of questions follow this outline:

I.   State Regulatory Agency (5%)
II.  State Law and Regulation Definitions (10%)
III. Washington Licensing Law and Regulations (20%)
IV. Compliance (50%)
V.  Disciplinary Action (15%)

Course State Exam Test Prep: Washington Price $47


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