SAFE MLO exam · explorable chapters

Explorable MLO Exam Chapters

SAFE MLO exam topics taught one figure at a time: loan math, disclosure timelines, ARMs, APR and points, qualifying ratios, escrow, fee tolerances, mortgage insurance, refinancing and the QM fee cap, each with practice sets.

1. Free
   Chapter 1Loan mathOne loan, four questions the exam keeps asking4 sections · 2 practice sets
2. Pro
   Chapter 2Disclosure timelinesCounting business days the way TRID and TILA do5 sections · 2 practice sets
3. Pro
   Chapter 3Adjustable-rate mortgagesIndex plus margin, held in by three caps3 sections · 2 practice sets
4. Pro
   Chapter 4APR, points and buydownsPaying now for a lower rate3 sections · 2 practice sets
5. Pro
   Chapter 5Qualifying ratiosWill the payment fit the income?3 sections · 2 practice sets
6. Pro
   Chapter 6Escrow accountsMonthly deposits, a cushion and the low point3 sections · 2 practice sets
7. Pro
   Chapter 7Fee tolerancesHow much a charge may grow from Loan Estimate to Closing Disclosure3 sections · 2 practice sets
8. Pro
   Chapter 8Mortgage insuranceWhen PMI comes off, and what FHA charges3 sections · 2 practice sets
9. Pro
   Chapter 9RefinancingWhen a lower payment pays for itself3 sections · 2 practice sets
10. Pro
    Chapter 10Qualified mortgages and the fee capWhat counts toward the 3%, and what a QM may not have3 sections · 2 practice sets