Expert Answers to NMLS Exam MLO Questions

Page: 1 / 17

SAFE MLO Mortgage Loan Origination (SAFE MLO) Exam

Mortgage Loan Origination (SAFE MLO) Exam

Last Update Jan 9, 2026
Total Questions : 230

To help you prepare for the MLO NMLS exam, we are offering free MLO NMLS exam questions. All you need to do is sign up, provide your details, and prepare with the free MLO practice questions. Once you have done that, you will have access to the entire pool of Mortgage Loan Origination (SAFE MLO) Exam MLO test questions which will help you better prepare for the exam. Additionally, you can also find a range of Mortgage Loan Origination (SAFE MLO) Exam resources online to help you better understand the topics covered on the exam, such as Mortgage Loan Origination (SAFE MLO) Exam MLO video tutorials, blogs, study guides, and more. Additionally, you can also practice with realistic NMLS MLO exam simulations and get feedback on your progress. Finally, you can also share your progress with friends and family and get encouragement and support from them.

Questions 2

A borrower who knowingly makes false statements on a federally related mortgage loan to obtain property may be:

Options:

imprisoned for 10 to 16 months

fined up to JB10,000 or imprisoned for 6 months.

fined up to $1 million and imprisoned for 30 years.

fined up to the total purchase price of their home.

Discussion 0

Questions 3

Which of the following responses describes servicing transfers?

Options:

The transfer of an appraisal from one lender to another

The transfer of a HUD case number from one lender to another

The transfer of the responsibility to collect payments on the loan from one lender to another

The transfer of the processing of a loan to an independent service provider such as a contract processing provider

Discussion 0

Stefan

Thank you so much Cramkey I passed my exam today due to your highly up to date dumps.

Ocean Dec 13, 2025

Agree….Cramkey Dumps are constantly updated based on changes in the exams. They also have a team of experts who regularly review the materials to ensure their accuracy and relevance. This way, you can be sure you're studying the most up-to-date information available.

Atlas

What are these Dumps? Would anybody please explain it to me.

Reign Dec 10, 2025

These are exam dumps for a variety of IT certifications. They have a vast collection of updated questions and answers, which are very helpful in preparing for the exams.

Billy

It was like deja vu! I was confident going into the exam because I had already seen those questions before.

Vincent Dec 21, 2025

Definitely. And the best part is, I passed! I feel like all that hard work and preparation paid off. Cramkey is the best resource for all students!!!

Walter

Yayyy!!! I passed my exam with the help of Cramkey Dumps. Highly appreciated!!!!

Angus Dec 24, 2025

YES….. I saw the same questions in the exam.

Questions 4

A mortgage loan originator (MLO) submits a refinance application for a primary residence. However, if the MLO later discovers that the property is no longer occupied by the borrower, which of the following actions, if any, should the MLO take?

Options:

Allow the application to be underwritten before raising any concerns

Take no action as the property was occupied at the time of application

Notify the MLO's employer and/or the mortgage lender of the discovery

Allow the mortgage loan processor and/or underwriter to discover this through their due diligence processes

Discussion 0

Questions 5

Which of the following entities has the primary enforcement authority under the Red Flags Rule?

Options:

IRS

Federal Trade Commission

HUD