Free MLO Mock Exam – Practice Online Confidently

Increase your chances of passing the NMLS MLO exam questions on your first try. Practice with our free online MLO exam mock test designed to help you prepare effectively and confidently.

Exam Code: MLO
Exam Questions: 122
Mortgage Loan Origination (SAFE MLO) Exam
Updated: 03 Apr, 2026
Question 1

Under the TILA-RESPA Integrated Disclosure rule (TRID), what is the minimum time period that must pass between a borrower's receipt of a Loan Estimate and the closing of a mortgage loan?

Options :
Answer: A

Question 2

Which of the following circumstances may indicate fraud with respect to the assets a borrower will use for closing?

Options :
Answer: A

Question 3

Which of the following federal laws requires mortgage lenders to adopt and follow anti-money laundering (AML) rules and regulations?

Options :
Answer: C

Question 4

Which of the following acts requires mortgage loan originators to complete annual continuing education to satisfy the requirement for licensure?

Options :
Answer: A

Question 5

A licensed mortgage loan originator (MLO) sharing his commission with another licensed MLO at his company for actual services performed on a loan is considered which of the following terms?

Options :
Answer: B

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