Pop Quiz for the MLO Test (Updated September 2023)

[@adriannavasquez4186]

After 5 total tries & a 6mo. waiting period- I PASSED! I told myself I would come back to this video to share. I think it took me longer than I expected because the material is dense, I’m a hands-on learner & had to balance all of my priorities with study time. Thank you for making your MLO study video & sharing acronyms. Friendly reminder- it’s not going to matter how many tries it takes to pass this test or what % you get once you pass; it’ll be well worth it. Wishing peace, love & abundance to all!🌟

[@Claysmile]

You are very welcome Adrianna! And congratulations on passing the test. I'm grateful to God for allowing me to be part of your success journey. Thank you sharing those sentiments. They really touch my heart and inspire me to continue to find ways to contribute.

[@giiselle9]

Congratulations girly! Does this video apply for the 2024 mlo exam?

[@adriannavasquez4186]

@@giiselle9 Thank you!☺️ Yes it does. I also used Quizlet to study the 5 different sections. Good luck!!🍀

[@kot.fitx03]

After the 6 month period it goes back to being able to take it monthly?

[@adriannavasquez4186]

@@kot.fitx03 Hi! Yes it does. You got this!!

[@Rony257]

Just passed today with an 82% after failing a month ago. I believe this video helped me pass, I made flash cards for every question I didn't know (which was like 90% of them lol) and studied them for 2 days until i knew them all. One tip though, I stressed so much over remembering specific numbers to things (tila penalty 13,627 or 27,252, conforming loan limit 726,200 reverse mortgage limit 1,089,300 etc.) and never got a single question on any of them, both times that I took the test. I recommend anyone studying to definitely still watch this video, but focus more on understanding the fundamentals rather than memorizing very specific numbers.

[@Bryan-yh2vo]

apart from this video what else would you recommend using as study material, I also use compucram but any more pointers? Congratulations btw!!

[@Claysmile]

Also check out the free resources at www.mlostudybuddy.com @@Bryan-yh2vo

[@agentofparadise]

Good to know!!! 🎉

[@rodzillarox4882]

This is great, congrats . I am taking mine in March . Thank you Clay.. I have books and test prep flash cards

[@Claysmile]

@@rodzillarox4882 Also, check out this website for study groups: www.mlostudybuddy.com

[@sramaraju2008]

Passed MLO in the first attempt with 84%. Watched your Videos many times. It really helped me. Thanks a Million.🙏🙏🙏

[@Claysmile]

@@sramaraju2008 You're very welcome! I’m grateful I was able to help and be part of your success journey! And congratulations on passing the test! And as you start your career as a MLO, make sure you get a good mentor to because mentorship is key! Blessings to you as you begin this new chapter in your life. Stay humble, stay grateful, and stay prayerful.

[@SidneyDaily]

I passed my exam on sept. 7th on my first try with a 76% after watching all of your videos and breakdowns of each regulation!! i got like 15 questions you went over, probably would have failed without you thank you so much!!!

[@Claysmile]

You're very welcome and your sentiments really moves me and uplifts my heart. I'm grateful to God for enabling me to play a part in your success journey. Congratulations on passing the test. Remember to connect with a good mentor as you enter into this new career field. Good mentorship is the key... Continue to soar... I'm cheering for you. And remember to stay humble, grateful, and prayerful... God bless you!

[@scottlopez9822]

Just passed with an 84. First time. Used this video and Affinity exclusively. Studied for a month. Took over 20 practice exams. Can’t thank you enough Lance! Blessings to you … I will also Pay it Forward.

[@Claysmile]

You're very welcome Scott! I’m grateful I was able to help and be part of your success journey! And congratulations on passing the test! And as you start your career as a MLO, make sure you get a good mentor to because mentorship is key! Blessings to you as you begin this new chapter in your life. Stay humble, stay grateful, and stay prayerful.

[@bryanjordan5200]

hey man thanks for your videos. i recently passed my test after failing 4 times in a row with a 74%. I watched all your videos and made notecards from them and they helped me tremendously!! you're a great teacher in all honesty, i can tell you put in a lot of effort into these videos and while watching id be there thinking halfway through every video "holy shit this guy's good"!!

[@Claysmile]

You're very welcome! And thank you for those sentiments because it really warms my heart to know that I played a part in your success journey!

[@troyturner9375]

I took my 20 hour course about two weeks ago. I have some things going on that are very different from everyone else. I know everyone has a story, but mine actually is quite different. I had zero time to study outside of taking the course. I listened to a couple of your older videos on my way into the office. I was only able to get through the first 22 minutes of this because, I just found it on my way to the test yesterday. Took the test within the first hour took 20 minutes to review questions I had marked to review and submitted it. I passed with an 80% first try! 🎉 I just want to say thank you and let you know that what you’re doing is definitely making a difference.

[@Claysmile]

You are very welcome Troy! I'm glad that the videos helped and I'm grateful to be part of your success journey. Congratulations on passing the test!

[@saratobin1188]

Passed the test today with a 79%, it was my 2nd time taking it. This video really helped me to understand a lot of the concepts and definitions, which in turn helped me to choose the “best” answer to the question. I was able to eliminate other wrong answers simply by knowing all the terms you covered in this video. Thank you!

[@Claysmile]

You're very welcome Sara! I'm grateful that God enabled me to play a role in your success journey. Congratulations on passing the test. And my piece of advice for you as you move forward in your career is to make sure that you seek out and obtain a good mentor because that is key!

[@winniestarke885]

I passed my exam today… first time‼️‼️. Thank you for sharing all this great information. I could not have done it without you. You are an awesome individual. Thank you. ♥️

[@Claysmile]

You're very welcome and your sentiments really moves me and uplifts my heart. I'm grateful to God for enabling me to play a part in your success journey. Congratulations on passing the test. Remember to connect with a good mentor as you enter into this new career field. Good mentorship is the key... Continue to soar... I'm cheering for you. And remember to stay humble, grateful, and prayerful... God bless you!

[@Jjyusa]

Just wanted to say Thank You for your great videos! It’s really helpful. I just passed my test with a score 86 this morning! I listened to your video every day in the last one month . Thank you so much !

[@Claysmile]

You're very welcome. I'm grateful to be part of your success journey! And congratulations on passing the exam. As you enter this new stage as a licensed MLO, my best piece of advice is that you find a good mentor in your local area because as new MLO, the quality of your mentor will greatly influence the level of your success. God bless you!

[@zuhazeshan]

Just passed the exam today. Watched your videos for the past week. Very helpful acronyms. Highly recommend new students to first study on own and then watch these videos. Thanks Lance! You the best!

[@Claysmile]

I'm grateful to be part of your success process! Please also recommend new students to check out my friend Rocky's study group www.mlostudybuddy.com

[@CindaMurphyRealEstate]

Other than this video, what did you use?

[@Claysmile]

www.mlostudybuddy.com @@CindaMurphyRealEstate

[@JenniferGraceMartinez]

I really appreciate your videos. I just passed my exam today with an 83%! Thank you so much for all of your helpful videos. God bless you and your family!

[@Claysmile]

You're very welcome and I'm grateful to God for enabling me to play a part in your success journey. Congratulations on passing the test. Remember to connect with a good mentor as you enter into this new career field. Good mentorship is the key... Continue to soar... I'm cheering for you. God bless you!

[@Ryanandrew0082]

failed my first time, almost done with the 30 day wait period. this video is so helpful and your attitude is refreshing! thank you!

[@Claysmile]

@@Ryanandrew0082 Thanks for the kind words Ryan and Drew! I’m grateful to be part of your success journey. In addition to these videos, check out my friend Rocky’s study group www.mlostudybuddy.com

[@AV-mv4re]

Eastern Highway Route covers BCXZ E - B (ECOA - Reg B) H - C (HAMDA - Reg C) R - X (RESPA - Reg X) T - Z (TILA - Reg Z)

[@TheDirtySauce]

You’re the best. I have been watching your 2021/2022 pop quiz videos non stop. I take my test next week and it’s no coincidence that you post your updated version the week before!!🙌🏾

[@Claysmile]

Thanks! I'm cheering for you! And are you also connected to the free resources at www.mlostudybuddy.com

[@youngkillagaming6315]

Legend!! Passed yesterday with a 79% second time taking it. This video was a crucial part in understanding the main concepts of the test.

[@Claysmile]

You're very welcome! I'm grateful that God empowered me to play a role in your success journey. Congratulations on passing the test. And my piece of advice for you as you move forward in your career is to make sure that you seek out and obtain a good mentor because that is key!

[@d13can]

I want to say thank you and I appreciate your MLO videos! They helped me pass this past Thursday and I wouldn’t have done it without your reviews. Your reviews are amazing and thank you so much!

[@Claysmile]

You're very welcome! And I'm grateful to be part of your success journey. Congratulations on passing the test. And my advice to you is to secure a great mentor because that is going to be huge key to your success as a licensed MLO.

[@kamilahmoran7615]

Lance, thank you for this video and the host of others. I passed my test last Monday with an 80 on my first try🙏🏽🙏🏽. I appreciate you taking the time to make this content.

[@Claysmile]

@@kamilahmoran7615 You're very welcome and your sentiments really moves me and uplifts my heart. I'm grateful to God for enabling me to play a part in your success journey. Congratulations on passing the test. Remember to connect with a good mentor as you enter into this new career field. Good mentorship is the key... Continue to soar... I'm cheering for you. And remember to stay humble, grateful, and prayerful... God bless you!

[@meganwall97]

I passed my exam the first time with an 83% thanks to help from your videos! Thank you!!

[@Claysmile]

You're very welcome! I'm grateful to be part of your journey. Congratulations on passing the exam!

[@amirh6444]

Do you have any notes on materials that you can share I have a test next week

[@Claysmile]

Yes, my friend Rocky has more study materials: www.mlostudybuddy.com @@amirh6444

[@Claysmile]

Yes, this website: www.mlostudybuddy.com @@amirh6444

[@sammanthadoria9116]

Just passed my test yesterday! I listen to most of these videos and felt like these videos really helped me pass! Great material!

[@Claysmile]

Congratulations on passing the test! I'm grateful that the videos were useful. Remember to connect with a good mentor as you enter into this new career field. Good mentorship is the key... Continue to soar... I'm cheering for you. God bless you!

[@kmim80]

I too passed recently 10/30/23 with a 76% on my first try. Listened to this video on the way to the testing center. unfortunately this wasn’t of much help to me - my exam seemed to have a lot of ethics questions and had nothing from these videos. Nonetheless I enjoyed studying on here as it’s still good knowledge for the profession. Thank you so much for all you do.

[@KandJherling]

PASSED 🎉 First Time Watched your videos constantly in the evening the week before my test and specifically this one the morning of my test. This was the best way for me to retain the information. Appreciate how much time you’ve spent in these. Thank you

[@Claysmile]

@@KandJherling Thanks for sharing that feedback. Your words really touched me. Realizing that I played a role in your success makes me feel very fulfilled. Congratulations on passing the test and I wish you the best as you start this new career. Remember to make sure you get a good mentor because mentorship is key!

[@alfie4157]

im going to pass. ! Belive in god. GOD IS GOOD!

[@Claysmile]

Amen! And check out my friend Rocky's MLO study group: www.MLOStudyBuddy.com

[@alfie4157]

have you ever been told you look like quamire from family guy>lol

[@alfie4157]

@@Claysmile what the most thing to learn for the test

[@Claysmile]

@@alfie4157 LOL! This is the first time that I'm hearing this but I just now looked him up and I kinda see the resemblance!

[@Claysmile]

@@alfie4157 In addition to my videos, also check out my friend Rocky's study group: www.mlostudybuddy.com

[@bobbybachman9162]

Just passed on my first try with a 90 and wanted to say thank you so very much for your videos as it helped me so much!!

[@Claysmile]

You are very welcome Bobby! And congratulations on passing the test. I'm grateful to God for allowing me to be part of your success journey. Thank you sharing those sentiments. They really touch my heart and inspire me to continue to find ways to contribute.

[@christinadarden7073]

Thank The Lord and your vids I failed that exam 2 times passed on the 3rd by skin of my teeth!! I have a Notary Loan Signing co. and have been reviewing the loan packages for past 4 years now and still this test was mega Hard - I am Over Joyed its over!! 😊 Thank You so much I listened to your vids on loop for months and wish I had found you sooner. Stay Blessed.

[@Claysmile]

You're very welcome and your sentiments really moves me and uplifts my heart. I'm grateful to God for enabling me to play a part in your success journey. Congratulations on passing the test! Remember to connect with a good mentor as you enter into this new career field. Good mentorship is the key... Continue to soar... I'm cheering for you. And remember to stay humble, grateful, and prayerful... God bless you!

[@mrh5561]

I’m on my 3rd attempt now 🤞🏿. Congratulations

[@ashleybuchan9268]

Thanks so much for your videos. I watched a few and they definitely helped. I took my test today. Passed w a 91% and it was my 1st attempt. I didn’t take a course. I took online tests and watched some different KZbin videos

[@Claysmile]

You're very welcome! And thank you for those sentiments because it really warms my heart to know that I played a part in your success journey!

[@tamararogan128]

Could you PLEASE do an updated 2024 pop quiz video like this?? This is so helpful!!!!!

[@Claysmile]

Thanks! And my friend Rocky has some updated materials in his group: www.mlostudybuddy.com

[@TonyNguyen-vf4oe]

My guy! Ive been listening to the old videos everyday for the past 2 months. This is what im talkin about!

[@Claysmile]

Thanks Tony! And are you also part of the www.mlostudybuddy.com group?

[@marcogarofalorealestateage4071]

Great content! I watched this video along with all your others regarding the NMLS exam. Significantly helpful and highly recommend! Helped me pass on the first try along with additional studying, pre lic courses, etc

[@Claysmile]

Thanks for the feedback! I'm grateful that God empowered me to play a role in your success journey. Congratulations on passing the test. And my piece of advice for you as you move forward in your career is to make sure that you seek out and obtain a good mentor because that is key!

[@MMikemezta]

I have all your videos on repeat till I pass my test... I will pass this test. Thanks to your help 👍

[@Claysmile]

My pleasure! Also, check out my friend Rocky's study group: www.mlostudybuddy.com

[@711siva]

Thanks a lot for providing this video. Good bless you

[@Claysmile]

you're very welcome! Also check out www.mlostudybuddy.com

[@ltdsteed2]

I just passed today🎉 Thanks for all you do! Your videos helped me tremendously.

[@Claysmile]

My pleasure! And congratulations on passing the test! God bless! And here is my advice for your career as a MLO: make sure you find a good mentor. That is key!

[@toriarmstrong31]

Thank you 🎉🎉🎉 just passed with a 79 listened to you on the way to exam!!!

[@Claysmile]

Congratulations on passing the exam. I'm grateful to be part of your journey!

[@davidcasiano4570]

Thanks for keeping us updated sir! Much appreciated!

[@Claysmile]

My pleasure! And are you aware of the additional free resources at www.mlostudybuddy.com

[@erikaestesTIC]

Thank you for this review!

[@Claysmile]

My pleasure and thank you for the sentiments! By the way, for more resources, check out www.mlostudybuddy.com

[@EsmeraldaCortez-z4x]

Love the energy

[@Claysmile]

@@EsmeraldaCortez-z4x Thanks! Also check out my friend Rocky’s study group Www.mlostudybuddy.com

[@clearchainlife1262]

Thank you for the video it was super helpful in helping me pass the exam today on the first try. Thanks again

[@Claysmile]

You're very welcome. I'm grateful that God enabled me to be helpful in your success journey. Congratulations on passing the exam!

[@RaulAmarante]

david goggins of the MLO study plan

[@Claysmile]

LOL! Thanks for the compliment! And for more resources, check out www.mlostudybuddy.com

[@scottlopez9822]

UPDATED LIMITS: .... Conforming 2024 - $766,550 ... Reverse Mortgage 2024 - $1,149,825

[@JamieModelvsDirector]

Love your personality ❤❤❤

[@Claysmile]

I appreciate that!

[@tremelhorton1483]

@claysmile I love your videos, I been studying for over a month watching your videos.

[@Claysmile]

I'm grateful to be part of your journey. For additional free resources, check out my friend Rocky's group: www.mlostudybuddy.com

[@tylersayavong285]

When calculating loan to value do you use the purchase price or appraised value? Thank you for your helpful videos!

[@Claysmile]

You use whichever one is the lower amount.... And by the way, are you connected to the free resources at www.mlostudybuddy.com ?

[@ThePrimaDonna21]

Bless you for making this video. Taking my test this Friday and I'm really nervous 😅

[@Claysmile]

Sending prayers to you. And if you get a chance, check out this website for more review materials: www.mlostudybuddy.com

[@ThePrimaDonna21]

@@Claysmile Thank you! I passed! I got a ton of questions you went over!

[@Claysmile]

You are very welcome! And congratulations on passing the test. I'm grateful to God for allowing me to be part of your success journey. Thank you sharing those sentiments. They really touch my heart and inspire me to continue to find ways to contribute.@@ThePrimaDonna21

[@TechTrainer101]

what kind of quesions , if you remember some , so some one can study better

[@Hamad-Ali_1126]

I passed with an 80 thanks

[@Claysmile]

Congratulations on passing the exam. I'm grateful to be part of your journey!

[@cjPagan87]

Amazing video. Much better than the SAFE class I took. I wish I had watched this one before taking my exam in Sep. It should be illegal for them to make the questions so confusing that even if you know the material you can get them wrong. Especially for an exam with a ridiculous amount of material to learn. I got a 74 so hopefully next time I pass. I know they do it on purpose to rob money from people but I'll try again. There's a lot of actual like on the job MLO questions that were never taught about and ethic scenarios which you pretty much have to guess which is the less stupid answer. There aren't that many questions about all those regulations which they said would be the most questions.

[@Claysmile]

I'm glad you found these videos! Also check out the www.mlostudybuddy.com

[@TechTrainer101]

yes there is too much material to study , do you remember , what topic and question covered

[@julymarcastroturealtor]

I'm preparing for the exam for the first time and I love your videos. Will there be an update to the questions and answers for 2024? Are there any courses you teach directly?

[@Claysmile]

@@julymarcastroturealtor Thanks! And although I’m not currently teaching classes, I highly recommend this study group: www.mlostudybuddy.com

[@Tupac1524]

Got a 74 twice in 2021 and it crushed me. Decided that this probably wasn’t meant for me, and did not try again just out of sheer embarrassment. I know, stupid. With that said, here I am in 2024 giving it another go. How relevant are these 2023 questions to the 2024 version of the exam? Also, thank you for this video, and good luck to everyone taking to the test in 2024!

[@AlilASMR5911]

I googled them and they are the most up to date :) im taking my test monday!

[@Claysmile]

Very relevant. The video was updated in September of 2023

[@giiselle9]

@@AlilASMR5911did you pass?!

[@jenniferv.forest7378]

Im abt to take mine by next week! Hope this help

[@Claysmile]

@@jenniferv.forest7378 I highly recommend this study group: www.mlostudybuddy.com

[@Cjgotstacks]

Question....Did you pass if you don't mind me asking?

[@danelangpap24]

Your the man

[@Claysmile]

Thanks! I appreciate that! And if you are in the process of studying for the MLO Test, my friends at the MLO Study Buddy have additional free resources. www.MLOStudyBuddy.com

[@CarlosGonzalez-rw2mj]

I took my test and this was a question . If buyer appraiser is luis, FIANCÉ it was discovered by social media , there could be conflict of interest and what’s the action should take ? I remember the most likely answers were either : mortgage lender or MLO compliance officer

[@Claysmile]

For the most updated answer, check out www.mlostudybuddy.com

[@Traveler1974]

I noticed this video is from 1 year ago and I am wondering if I can rely on the information to take the test before the end of the year in case the test info is outdated.. Any thoughts or suggestions will be greatly appreciated! Thanks

[@Claysmile]

The video is still very useful because the concepts are still the same. It will be great to study this along with the most current resources in this group: www.mlostudybuddy.com

[@Traveler1974]

@@Claysmile Thanks so much

[@IsaiahStam-e1i]

I take the test in 14 hours I got a 71% first try

[@Claysmile]

I’m praying and cheering for you! And check out www.mlostudybuddy.com for some additional study materials

[@IsaiahStam-e1i]

@@Claysmile I passed with a 75% today just barely but a pass is a pass haha

[@IsaiahStam-e1i]

@@Claysmile thanks for the helpful video!

[@Claysmile]

@@IsaiahStam-e1i You're very welcome! I'm grateful that God enabled me to play a positive role in your journey. Congratulations on passing the exam and I wish you the best as you start this new chapter of your life. One piece of advice I would give you about your career as an MLO is this: Make sure you find and connect with a great mentor because that makes a huge difference!

[@lindajefferson156]

I just took this exam for the third time, and each time, I scored 73%! As you know, I needed 75% Now I have to wait 6 months. I will definitely take this exam again and pass it. What should I be doing during the six months?

[@Claysmile]

In addition to these videos, also connect with the free resources at www.mlostudybuddy.com

[@TechTrainer101]

what kind of quesions , if you remember some , so some one can study better

[@nancyrobles5401]

My test is tomarrow I wish I would of seen this earlier what are somethings you guys are doing to help remember all the stuff in this video

[@Claysmile]

Flashcards are helpful... Also, are you connected to www.mlostudybuddy.com

[@JordanMck-v3s]

Hey there, Isn't the Servicing transfer disclosure the "Hello Letter"?

[@Claysmile]

For the most updated answer, please see my friend Rocky's MLO Study Buddy group: www.mlostudybuddy.com

[@RoshiWurld]

How do I join the study group. I fail my first try. I must pass this time

[@Claysmile]

Here is the link to join the study group: www.mlostudybuddy.com

[@greekgod33]

i take the test feb 15th what laws do i go by? the do not call fine safe act fine are different each yr what yr do i do for test

[@Claysmile]

Great question! For the most updated answer, see this study group of my friend Rocky: www.mlostudybuddy.com

[@jaycee254]

How did it go

[@greekgod33]

I'm Sorry I meant march 15th. wanted to take time to study. following the web is hurting me some say numbers will be for 2024 some say test will be on 2023 info. thats the worst part is the unknown@@jaycee254

[@greekgod33]

I had my mlo license in 2015 but got hired fulltime fire dept so never pursued it. Way more info now and completely different@@jaycee254

[@greekgod33]

@@jaycee254 passed today 1st try 86

[@MRVida176]

its been a year since ive passed my exam and i have not closed a loan, any advice? got any mentorship?

[@Claysmile]

Getting a good mentor is the key. One strategy is to reach out to the realtors in your local area and ask them which MLOs they recommend.

[@DavidMendoza-iz5cf]

What is the acronym for baps?

[@Claysmile]

For the most updated information, please check out www.mlostudybuddy.com

[@julymarcastroturealtor]

the penalty for violating Tila remains: first violation $13,627 and subsequent violation $27,252??

[@PeizhiHe]

I faild yesterday for 72, I havn't watch this yet, I am wandering other than this 1hour 23 minis video, do you have anything else? Of couse I would watch this first.

[@Claysmile]

Yes, my friend Rocky has a great study group www.mlostudybuddy.com

[@TechTrainer101]

@@Claysmile Any question closely you remember . please share

[@Claysmile]

@@TechTrainer101 Unfortunately, we can't share that type of information but this website will help: www.mlostudybuddy.com

[@lindajefferson156]

Your first question is the one I got wrong on the test. I am surd FEMA which is way wrong. It's the national flood insurance program...NMIP

[@Claysmile]

No worries. Most people don't pass on the first try. I'm sure if you follow the study plan at www.mlostudybuddy.com

[@rocky89406]

When talking about CTR you say CRT and I thought it was another acronym for something else . Your videos are awesome. Hope I pass my exam this month !

[@Claysmile]

I'm cheering for you! And are you part of the www.mlostudybuddy.com group? @@rocky89406

[@PythonPrograms-yk8rd]

Can anyone please guide me how to start preparation for MLO test and is this sufficient to become a loan agent or a officer.

[@Claysmile]

Check out this website for complete guidance: www.mlostudybuddy.com

[@LatroyBoseman]

Is this 435 questions from the MLO packet?

[@Claysmile]

I'm not sure what you are referring to but my friend Rocky has more study materials: www.mlostudybuddy.com

[@Johngaltforever]

BRING BACK KAYLA

[@amirh6444]

Got 67 today 😢

[@Claysmile]

See this website for more study materials www.mlostudybuddy.com

[@wendy95953]

Is this still relevant?

[@Claysmile]

Yes

[@Annajsee]

Going too fast can’t in take all this info…lol

[@Claysmile]

On the youtube video, there is a function to slow the video speed down.