Just aced my NMLS exam with first attempt and I owe a huge thanks to this video! The topics covered and breakdown of concepts made studying a breeze. Kudos for sharing such valuable insights!
Failed two years ago, and I scheduled test only 10 days prior to the test date, and this time I did not read books, but watched your footage. Passed yesterday with score 88. Incredible help! Thank you, Lance. I shared this link with another guy who will take the test next week.
Thank you guys for these videos! Because of watching them over and over on top of studying I passed the exam today with an 80%. Please continue posting more videos.
I passed the exam first attempt, a few days ago... your videos helped a lot! Had I relied solely on compucram, I'm pretty sure I would have failed, despite passing their practice exams, even though my most recent 20 of the 30 that I took were over 90%.
I just passed after using compucram, by the skin of my teeth. Can confirm that compucram is not at all indicative of the questions that are on the test. Wish I would have found this video before to have improved my chances at a better score.
Drinking my COFI ☕️ in the COSI 🧣 Libor 📕 because it’s PRIME 📍 to study 📖. That’s how I remember them. 😅😅 (Drinking my coffee in a cozy library because it’s a prime spot to enjoy and study for the exam. 😊)
You're very welcome Jordan! And congratulations on passing! By the way, I have a Facebook page called "NMLS Test Prep Educator Claysmile". Please consider visiting my Facebook page and leaving a rating and review. Here is the link to the page: facebook.com/NMLS-Test-Prep-Educator-Claysmile-100197295971682 Also, I just want to make sure you are aware of these additional resources: Join the private Facebook group “Life After Test - For Mortgage Loan Originators”: facebook.com/groups/1307411746301458 Thank you and I look forward to keeping in touch with you along your journey!
Hi Jorden Congrats , please share how you prepared for the exam and how long you prepared. Did you use quizlet for sample questions? please let me know it will be helpful
You're very welcome. I'm grateful that God enabled me to play a role in your success journey. Congratulations on passing the exam! Make sure that you connect with a good mentor because a lot of our success is influenced by our mentors.
My pleasure! I'm grateful to be part of your journey! And thank you for your sentiments. That really warms my heart! And congratulations on passing the exam!
You're very welcome! And I'm grateful to God for letting me be part of your success journey. And just a heads up, more resources are in my friend Rocky's MLO Study Buddy group: www.mlostudybuddy.com
I watched your videos loved them all thank you so much ❤️🙏🙏 I like how you both explain the question and the answer please continue doing that it’s so helpful to retain the information 👍👍👍God bless you all 😇😇
Hi Lance, I dig the videos could you please take a picture of the board and add them to the video description? Great work with the study sessions! They are super helpful!
Hi Clay, great video - these are so helpful!! Do you have a document with these questions for us to follow along? I have been reading over your document from the most recent pop quiz, but this one would be helpful as well!
My coursework has called it government sponsored entity, although google generally seems to refer to it as "enterprise." My guess is that it's interchangeable.
You're very welcome Alison! And congratulations on passing! By the way, I have a Facebook page called "NMLS Test Prep Educator Claysmile". Please consider visiting my Facebook page and leaving a rating and review. Here is the link to the page: facebook.com/NMLS-Test-Prep-Educator-Claysmile-100197295971682 Also, I just want to make sure you are aware of these additional resources: Join the private Facebook group “Life After Test - For Mortgage Loan Originators”: facebook.com/groups/1307411746301458 Thank you and I look forward to keeping in touch with you along your journey!
Thanks for all your help! I like your style and videos and will shout you out when I retake test in a week. I got a 73 first time around, so disappointed but studying hard and plan on beating it this time! Btw, hell of a lot of questions and you were looking pretty damn tired at the end!
You're welcome! And here is a detailed, step-by-step game plan for passing the NMLS test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. If you have not already purchased the Affinity Mastery Course, here is my affiliate link for the course: mlotrainingacademy.com/aff/Claysmile/ #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Check out the MLO Study Buddy website: mlostudybuddy.com/ #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Jennifer, Celeste Finkler, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected. #13: Also, please like and subscribe to my Facebook page: facebook.com/TestPrepEducatorClaysmile and I would greatly appreciate it if you could leave a rating and review. Thanks! And after you pass the test, here is my advice about the next steps: #1: Start the MU4 application on the NMLS website even before you secure sponsorship because there are several things you can get done (like fingerprinting and background check) even without the sponsorship. Or course, sponsorship will have to be done eventually to fully complete the MU4 but you can definitely start the MU4 process without the sponsorship. In fact, it is best to start the process before you get sponsorship because the fingerprinting and background checks can take a while to complete. So, it is good to get them done early. That way, when you finally secure sponsorship, the company will be able to hire you quickly without having to wait around for your background check and fingerprinting to be completed. #2: I think the best career strategy for newly-licensed MLOs is to talk to the local realtors in your area and ask them if they can help you connect with a local, successful MLO who would be willing to take you on as his or her loan officer assistant. That way, you will learn under a successful MLO and you will be paid a steady income. And then, after about a year or two, you will be fully prepared to venture out into a 100% commission position. And with the awesome experience you gained by working under that successful MLO, you will be able to become a successful MLO too. The MLO career is not as straightforward as some may think. The nature of the work is very complex and so, in order to succeed, you need to find the right mentor. Don't worry about how much the company is going to pay you. Just prioritize securing a super successful MLO to be your mentor. In the long run, you'll end up having a very successful career. Don't chase the money. Chase the experience and training and mentorship, and later, the money will come automatically. Let’s keep in touch. I’m cheering for you and I’m grateful to be part of your journey! By the way, a few of my colleagues and I plan to start teaching a 2-day Crash Course for the NMLS Test. If you are interested, let me know and I will keep you posted on when that course is scheduled.
Correction: HOEPA loans are Section 32 and 35 High Cost and High Priced Mortgages and HOEPA is under TILA- not RESPA. RESPA has nothing to do with these mortgages.
I highly recommend Affinity for both the 20 hour course and the exam prep... I'm part of a Facebook study group called "MLO Study Buddy Group - Let's pass the S.A.F.E exam!"... And here is a detailed game plan for passing the MLO test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected. And after you pass the test and when you start to look for sponsorship, I highly recommend that you try to secure a LOA (Loan Officer Assistant) position with a high-producing MLO in your local area because that type of position will help you master the art and science of originating and closing loans and will put you on the fast track to becoming a high-producing MLO.
@@yaomeresso1135 Jen's sheet is in the MLO Study Buddy facebook group and the 800+ facts are in the affinity program. Here is a detailed game plan for passing the MLO test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
Can you add the actual current DNC penalty? In a quiz video you did with Jenn you said it's $43,280, but I have come across some things stating that it's actually $43,792....it's got me a bit confused
You're very welcome. And here is a detailed game plan for passing the MLO test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
Is there a chance you can re-recored this video? …. I liked how you and Kayla did the first video and she was just answering right off the top… this one she is sooo unsure when answering. And for someone new coming to watch… that can be discouraging if your partner doesn’t sound sure. Maybe you can write out the questions with answers like you guys did for the first one which i really enjoyed. And group all the subjects and topics together so you’re not bouncing all over the place. However I do want to say I enjoy your videos Lance!!! You do an amazing job at explaining!!!
Excellent idea, and I'm actually looking for a student to join me on the updated version. Are you interested? And I typed up all of the questions and answers. I have it as a PDF file... And here is a step by step game plan for passing the test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Celeste Finkler, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/users/playlist... #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected. #13: Also, please like and subscribe to my Facebook page: facebook.com/TestPrepEducatorClaysmile and I would greatly appreciate it if you could leave a rating and review. Thanks!
Hey Lance! I would love too! I am still studying, so doing this with you would be an awesome opportunity… especially if we do it with the questions and answers!!! I am definitely following this study plan already and I have seen the growth in my knowledge retention by following it! The MLO Study Buddy group on Facebook is a phenomenal asset to have when trying to pass the exam! Also, watching your videos are super helpful when I want to get out of the books and just listen… listening to your videos over and over are helping with my knowledge retention too!
Hi lance i failed my first try after what i believes was 2 months of studying day for day 4 hours plus. I d like to join your class where i can b apart of it live, in live time ask questions. I know my problem it was that i studied and understood the information but the test seemed more on concepts amd situations, i scores a 66 horrible. But please if there is a way to b apart of a group learning experience please inform me how to via remotely…
I'm part of a Facebook study group called "MLO Study Buddy Group - Let's pass the S.A.F.E exam!"... And here is a detailed game plan for passing the MLO test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected. And after you pass the test and when you start to look for sponsorship, I highly recommend that you try to secure a LOA (Loan Officer Assistant) position with a high-producing MLO in your local area because that type of position will help you master the art and science of originating and closing loans and will put you on the fast track to becoming a high-producing MLO.
Hi Bianca - Here is a step-by-step game plan for passing the NMLS test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/users/playlist... #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
A biweekly (every two weeks) pay schedule allows for 1 additional payment annually. So there will be 13 payments made for the year, rather than 12 for monthly pmnts.
In the "settings", you can change the playback speed to be slower so that you have more time to answer. Or, you can pause the video after each question.
Absolutely Kamelle! I'm part of a Facebook study group called "MLO Study Buddy Group - Let's pass the S.A.F.E exam!"... And here is a detailed game plan for passing the MLO test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group). #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected. And after you pass the test and when you start to look for sponsorship, I highly recommend that you try to secure a LOA (Loan Officer Assistant) position with a high-producing MLO in your local area because that type of position will help you master the art and science of originating and closing loans and will put you on the fast track to becoming a high-producing MLO.
Here is a detailed, step-by-step game plan for passing the NMLS test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version. If you have not already purchased the Affinity Mastery Course, here is my affiliate link for the course: mlotrainingacademy.com/aff/Claysmile/ #2: Make sure you watch the 4-hour video (in the Affinity Mastery program) #3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program). #4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/ #5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course. #6: Check out the MLO Study Buddy website: mlostudybuddy.com/ #7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Jennifer, Celeste Finkler, Charlee Jacobs, Adam Crandall, and Vicky Rowe #8: Check out the “events” tab in the Study Buddy group for upcoming special events. #9: If you want a study partner, post a request in the group. #10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html #11: Also, in case the Thinkific platform is easier for you, I organized many of my videos into this free course: claysmile.thinkific.com #12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected. #13: Also, please like and subscribe to my Facebook page: facebook.com/TestPrepEducatorClaysmile and I would greatly appreciate it if you could leave a rating and review. Thanks! And after you pass the test, here is my advice about the next steps: #1: Start the MU4 application on the NMLS website even before you secure sponsorship because there are several things you can get done (like fingerprinting and background check) even without the sponsorship. Or course, sponsorship will have to be done eventually to fully complete the MU4 but you can definitely start the MU4 process without the sponsorship. In fact, it is best to start the process before you get sponsorship because the fingerprinting and background checks can take a while to complete. So, it is good to get them done early. That way, when you finally secure sponsorship, the company will be able to hire you quickly without having to wait around for your background check and fingerprinting to be completed. #2: I think the best career strategy for newly-licensed MLOs is to talk to the local realtors in your area and ask them if they can help you connect with a local, successful MLO who would be willing to take you on as his or her loan officer assistant. That way, you will learn under a successful MLO and you will be paid a steady income. And then, after about a year or two, you will be fully prepared to venture out into a 100% commission position. And with the awesome experience you gained by working under that successful MLO, you will be able to become a successful MLO too. The MLO career is not as straightforward as some may think. The nature of the work is very complex and so, in order to succeed, you need to find the right mentor. Don't worry about how much the company is going to pay you. Just prioritize securing a super successful MLO to be your mentor. In the long run, you'll end up having a very successful career. Don't chase the money. Chase the experience and training and mentorship, and later, the money will come automatically. Let’s keep in touch. I’m cheering for you and I’m grateful to be part of your journey! By the way, a few of my colleagues and I plan to start teaching a 2-day Crash Course for the NMLS Test. If you are interested, let me know and I will keep you posted on when that course is scheduled.
clay you are very energetic and knowledgable, but your assistant was not prepared and made it very difficult to learn. this is not personal its just the truth. TY
She was a student at that time. And to get the more detailed explanations and more free study sessions, check out the free Facebook group "MLO Study Buddy" mlostudybuddy.com/
Same. I just focused on the questions and made my own study guide with them to study on my own. His other videos are better though and his newest ones are just him going over the study guide. Way more efficient and accurate so it’s easy to take notes as you listen and it’s way faster!
Just aced my NMLS exam with first attempt and I owe a huge thanks to this video! The topics covered and breakdown of concepts made studying a breeze. Kudos for sharing such valuable insights!
You're very welcome! I'm grateful to be part of your success journey! God's grace is amazing!
Just Passed my test with an 86% due to your help! Amazing work 🙏
Congratulations BeDistinct! And thank you for that awesome feedback. I'm grateful to be part of your journey!
Thanks Lance for putting this together. This allows me to listen to it when driving and on walks.
Failed two years ago, and I scheduled test only 10 days prior to the test date, and this time I did not read books, but watched your footage. Passed yesterday with score 88. Incredible help! Thank you, Lance. I shared this link with another guy who will take the test next week.
Congratulations Great Lakes! And thanks for that feedback. I'm grateful to be part of your journey!
Thank you guys for these videos! Because of watching them over and over on top of studying I passed the exam today with an 80%. Please continue posting more videos.
I passed the exam first attempt, a few days ago... your videos helped a lot! Had I relied solely on compucram, I'm pretty sure I would have failed, despite passing their practice exams, even though my most recent 20 of the 30 that I took were over 90%.
Well that’s just great, I’m glad we’re thinking the same things instead of being unique about it……
I just passed after using compucram, by the skin of my teeth. Can confirm that compucram is not at all indicative of the questions that are on the test. Wish I would have found this video before to have improved my chances at a better score.
@@JaredEdwards0608 what does that mean? I thought compucram questions were extremely similar to the test itself?
@@jragon9215 Not in my experience.
@@JaredEdwards0608 ok and the video helped more then compucram?
Drinking my COFI ☕️ in the COSI 🧣 Libor 📕 because it’s PRIME 📍 to study 📖. That’s how I remember them. 😅😅
(Drinking my coffee in a cozy library because it’s a prime spot to enjoy and study for the exam. 😊)
does the test go off current numbers? like conforming loan limit this videos is 500s. what yr is the test using for fines and limits
Lance, I cannot thank you enough for your videos. Today I passed my exam with a 88%!
You're very welcome Jordan! And congratulations on passing! By the way, I have a Facebook page called "NMLS Test Prep Educator Claysmile".
Please consider visiting my Facebook page and leaving a rating and review. Here is the link to the page:
facebook.com/NMLS-Test-Prep-Educator-Claysmile-100197295971682
Also, I just want to make sure you are aware of these additional resources:
Join the private Facebook group “Life After Test - For Mortgage Loan Originators”:
facebook.com/groups/1307411746301458
Thank you and I look forward to keeping in touch with you along your journey!
Hi Jorden Congrats , please share how you prepared for the exam and how long you prepared. Did you use quizlet for sample questions? please let me know it will be helpful
passed today with 77% first try. so so so happy thanks for the help!
You're very welcome. I'm grateful that God enabled me to play a role in your success journey. Congratulations on passing the exam! Make sure that you connect with a good mentor because a lot of our success is influenced by our mentors.
Passed my test today first try! I heard your voice the whole time lol thanks
My pleasure! I'm grateful to be part of your journey! And thank you for your sentiments. That really warms my heart! And congratulations on passing the exam!
Thank you so much for these amazing videos, because of you I PASSED!! Keep putting out these great videos, you are GOD sent!!😘
Congratulations! And thanks for that feedback! We are grateful to be part of your success journey!
can we just memorize this video and pass exam? I haven't take test date yet
Passed today with 77% Thanks!
Excellent! You're very welcome! And congratulations on passing the test! I'm grateful to be part of your journey!
You guys doing Gods work!!! Thank you!
You're very welcome! And I'm grateful to God for letting me be part of your success journey. And just a heads up, more resources are in my friend Rocky's MLO Study Buddy group: www.mlostudybuddy.com
Thank you. Pass my test today. Your videos helped me a WHOLE LOT!!!!
You are very welcome Cuzz! I'm grateful to be part of your success journey! And congratulations on passing the test!!
I watched your videos loved them all thank you so much ❤️🙏🙏
I like how you both explain the question and the answer please continue doing that it’s so helpful to retain the information 👍👍👍God bless you all 😇😇
This is great and thank you. Taking my test this Friday and hoping to do great!
Hi Lance, I dig the videos could you please take a picture of the board and add them to the video description? Great work with the study sessions! They are super helpful!
Thank you so much for all the videos , it was really helpful, I passed my test today in first try !
Did you just used his videos?
Thank you Lance I passed and you really helped me pass this test.
Where is the study group? Thank you
My friend Rocky has a study group: www.mlostudybuddy.com
You two are fantastic !
Thanks James! I'm grateful to be part of your success journey!
I thought conventional mortgage down payment was 3% on a first mortgage and 5% if its not a first mortgage?
Great content. This is helping a lot while studying.
Excellent! I'm grateful to be part of your journey. And check out this free Facebook group called MLO Study Buddy: facebook.com/groups/257646308865682
@@Claysmile I requested to join 😎
@@mak529 If they don't let you in within the next 48 hours, let me know and I'll follow up
Hi Clay, great video - these are so helpful!! Do you have a document with these questions for us to follow along? I have been reading over your document from the most recent pop quiz, but this one would be helpful as well!
Thanks! And I posted the document on this facebook page: facebook.com/TestPrepEducatorClaysmile
My coursework has called it government sponsored entity, although google generally seems to refer to it as "enterprise." My guess is that it's interchangeable.
If you can't explain something means you don't understand it. The video was helpful
Thank you for this video! I JUST passed my test on the first try!!!
You're very welcome Alison! And congratulations on passing! By the way, I have a Facebook page called "NMLS Test Prep Educator Claysmile".
Please consider visiting my Facebook page and leaving a rating and review. Here is the link to the page:
facebook.com/NMLS-Test-Prep-Educator-Claysmile-100197295971682
Also, I just want to make sure you are aware of these additional resources:
Join the private Facebook group “Life After Test - For Mortgage Loan Originators”:
facebook.com/groups/1307411746301458
Thank you and I look forward to keeping in touch with you along your journey!
Thanks for all your help! I like your style and videos and will shout you out when I retake test in a week. I got a 73 first time around, so disappointed but studying hard and plan on beating it this time! Btw, hell of a lot of questions and you were looking pretty damn tired at the end!
You're welcome! And here is a detailed, step-by-step game plan for passing the NMLS test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
If you have not already purchased the Affinity Mastery Course, here is my affiliate link for the course:
mlotrainingacademy.com/aff/Claysmile/
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Check out the MLO Study Buddy website: mlostudybuddy.com/
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Jennifer, Celeste Finkler, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos:
ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
#13: Also, please like and subscribe to my Facebook page: facebook.com/TestPrepEducatorClaysmile and I would greatly appreciate it if you could leave a rating and review. Thanks!
And after you pass the test, here is my advice about the next steps:
#1: Start the MU4 application on the NMLS website even before you secure sponsorship because there are several things you can get done (like fingerprinting and background check) even without the sponsorship. Or course, sponsorship will have to be done eventually to fully complete the MU4 but you can definitely start the MU4 process without the sponsorship. In fact, it is best to start the process before you get sponsorship because the fingerprinting and background checks can take a while to complete. So, it is good to get them done early. That way, when you finally secure sponsorship, the company will be able to hire you quickly without having to wait around for your background check and fingerprinting to be completed.
#2: I think the best career strategy for newly-licensed MLOs is to talk to the local realtors in your area and ask them if they can help you connect with a local, successful MLO who would be willing to take you on as his or her loan officer assistant.
That way, you will learn under a successful MLO and you will be paid a steady income.
And then, after about a year or two, you will be fully prepared to venture out into a 100% commission position. And with the awesome experience you gained by working under that successful MLO, you will be able to become a successful MLO too.
The MLO career is not as straightforward as some may think. The nature of the work is very complex and so, in order to succeed, you need to find the right mentor. Don't worry about how much the company is going to pay you. Just prioritize securing a super successful MLO to be your mentor. In the long run, you'll end up having a very successful career. Don't chase the money. Chase the experience and training and mentorship, and later, the money will come automatically.
Let’s keep in touch. I’m cheering for you and I’m grateful to be part of your journey!
By the way, a few of my colleagues and I plan to start teaching a 2-day Crash Course for the NMLS Test. If you are interested, let me know and I will keep you posted on when that course is scheduled.
Correction: HOEPA loans are Section 32 and 35 High Cost and High Priced Mortgages and HOEPA is under TILA- not RESPA. RESPA has nothing to do with these mortgages.
Thanks to you both, this is awesome!
How do we join your training group?
Also what Nmls LO 20 hrs course you recommend?
I highly recommend Affinity for both the 20 hour course and the exam prep... I'm part of a Facebook study group called "MLO Study Buddy Group - Let's pass the S.A.F.E exam!"... And here is a detailed game plan for passing the MLO test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
And after you pass the test and when you start to look for sponsorship, I highly recommend that you try to secure a LOA (Loan Officer Assistant) position with a high-producing MLO in your local area because that type of position will help you master the art and science of originating and closing loans and will put you on the fast track to becoming a high-producing MLO.
@@Claysmile hi Clay how can I get Jen sheet list and the 800+
@@yaomeresso1135 Jen's sheet is in the MLO Study Buddy facebook group and the 800+ facts are in the affinity program. Here is a detailed game plan for passing the MLO test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
Thank you! I passed the exam in a first try, your films helped me a lot in learning!
Is compicram helpful? Did it help on your exam?
I recommend affinity
Not for me, It was basically Flashcards I would recommend Affinity and maybe afterwards purchasing Compucram
Can you add the actual current DNC penalty? In a quiz video you did with Jenn you said it's $43,280, but I have come across some things stating that it's actually $43,792....it's got me a bit confused
Why didn't she also mention 10% or 3.5% down for a fha loan depending on the crediting score @ 7:23...
hi, are these study guides available for others to look at?
Another va funding fee exemption is if the vet is a Purple Heart recipient
❤❤❤❤❤❤ thank you
You're very welcome. And here is a detailed game plan for passing the MLO test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
Is there a fee to join the study group?
The Facebook study group is free. It's called MLO Study Buddy. Here is the link to their website: www.mlostudybuddy.com
Shoutout to everyone still here 2 hours and 30 minutes in!!
Is there a chance you can re-recored this video? …. I liked how you and Kayla did the first video and she was just answering right off the top… this one she is sooo unsure when answering.
And for someone new coming to watch… that can be discouraging if your partner doesn’t sound sure. Maybe you can write out the questions with answers like you guys did for the first one which i really enjoyed. And group all the subjects and topics together so you’re not bouncing all over the place.
However I do want to say I enjoy your videos Lance!!! You do an amazing job at explaining!!!
Excellent idea, and I'm actually looking for a student to join me on the updated version. Are you interested? And I typed up all of the questions and answers. I have it as a PDF file... And here is a step by step game plan for passing the test: #1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Celeste Finkler, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/users/playlist...
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
#13: Also, please like and subscribe to my Facebook page: facebook.com/TestPrepEducatorClaysmile and I would greatly appreciate it if you could leave a rating and review. Thanks!
Hey Lance! I would love too! I am still studying, so doing this with you would be an awesome opportunity… especially if we do it with the questions and answers!!!
I am definitely following this study plan already and I have seen the growth in my knowledge retention by following it! The MLO Study Buddy group on Facebook is a phenomenal asset to have when trying to pass the exam!
Also, watching your videos are super helpful when I want to get out of the books and just listen… listening to your videos over and over are helping with my knowledge retention too!
Hi lance i failed my first try after what i believes was 2 months of studying day for day 4 hours plus. I d like to join your class where i can b apart of it live, in live time ask questions. I know my problem it was that i studied and understood the information but the test seemed more on concepts amd situations, i scores a 66 horrible. But please if there is a way to b apart of a group learning experience please inform me how to via remotely…
I'm part of a Facebook study group called "MLO Study Buddy Group - Let's pass the S.A.F.E exam!"... And here is a detailed game plan for passing the MLO test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
And after you pass the test and when you start to look for sponsorship, I highly recommend that you try to secure a LOA (Loan Officer Assistant) position with a high-producing MLO in your local area because that type of position will help you master the art and science of originating and closing loans and will put you on the fast track to becoming a high-producing MLO.
Thank you so much @claysmile
You're very welcome
If you know the information then you would know how it applies to concepts and situations, can u please explain this to me?
I’ve seen both for GSE lol more recently Enterprise
Correct
Ugh I listened and listen to this video and compucram I got a 93 and took the test my 3rd time and I failed :( how can I get into this study group ?
Hi Bianca - Here is a step-by-step game plan for passing the NMLS test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/users/playlist...
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
You are Amazing ! Thank you for telling me step by step on what I need to do . I appreciate it.
@@biancagarcia5807 You're very welcome!
A biweekly (every two weeks) pay schedule allows for 1 additional payment annually. So there will be 13 payments made for the year, rather than 12 for monthly pmnts.
Really enjoy these videos... When is the next study group? 👍👍👍✅✅✅
How does one get “Jen’s Cheat-Sheet?”
Put your email address and I will send you
@@missmeme5184 hello
@@missmeme5184 i am looking for jen’s cheat sheet
What’s your email address?
Hey Lance does HOA also goes in Insurance in PITI?
No
No, PITI is only principal, Interest, Taxes, and Insurance
Anybody here appeared MLO exam recently please let me know i am planning to take test on this month
Please give me some tips
1:27:22
Love this 🙏🏽
I just wished we had more time to answer before we hear the answer 😢
In the "settings", you can change the playback speed to be slower so that you have more time to answer. Or, you can pause the video after each question.
@@Claysmile whuuuuutttt? Lol okay. Thank you! 😊
I’m usually doing home chores but I’ll try slowing the play speed. Thank you 😊
Can I join your training groups?
Absolutely Kamelle! I'm part of a Facebook study group called "MLO Study Buddy Group - Let's pass the S.A.F.E exam!"... And here is a detailed game plan for passing the MLO test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Print out Jen's Cheat Sheet (found in the “files” tab in the Study Buddy group).
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Summera Shaikh, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos: ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my those videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
And after you pass the test and when you start to look for sponsorship, I highly recommend that you try to secure a LOA (Loan Officer Assistant) position with a high-producing MLO in your local area because that type of position will help you master the art and science of originating and closing loans and will put you on the fast track to becoming a high-producing MLO.
Google says Government-Sponsored Enterprise
How did she memorize so many things ???😮 wow
Lis Pendants = Litigation Pending
i need a study buddy. I know none of these, AND I passed my course exam with a 93 % 🤦🏻♂️🤷🏻♂️
Here is a detailed, step-by-step game plan for passing the NMLS test:
#1: Complete all the modules of the Affinity Mastery Course but don’t do any of the practice exams (save those for later). Print out and read through the 800+ Facts (from the Affinity Mastery Course). The course also has an audio version of the 800+ Facts that you can listen to as well. In fact, some people like to listen to the 800+ Facts and read along with it instead of just reading the printed version.
If you have not already purchased the Affinity Mastery Course, here is my affiliate link for the course:
mlotrainingacademy.com/aff/Claysmile/
#2: Make sure you watch the 4-hour video (in the Affinity Mastery program)
#3: Make sure you go through the Audio Flashcards (in the Affinity Mastery program).
#4: Stay plugged into The Study Buddy Facebook group: facebook.com/groups/257646308865682/
#5: Consistently attend Rocky's group study sessions (found in the Study Buddy group. In the group, Rocky posts the ZOOM link to his classes). In Rocky’s classes, you will master the 800+ Facts. After you master the 800+ Facts, then go back and do all of the practice exams of the Affinity Mastery Course.
#6: Check out the MLO Study Buddy website: mlostudybuddy.com/
#7: Check out the several documents posted in the “files” tab in the Study Buddy group. You will see great resources from Jack Carpenter, Jennifer, Celeste Finkler, Charlee Jacobs, Adam Crandall, and Vicky Rowe
#8: Check out the “events” tab in the Study Buddy group for upcoming special events.
#9: If you want a study partner, post a request in the group.
#10: Check out my UA-cam playlist of MLO study videos:
ua-cam.com/play/PLSeUah3czymM0VEk2dqbeiaEeQnzctfcp.html
#11: Also, in case the Thinkific platform is easier for you, I organized many of my videos into this free course: claysmile.thinkific.com
#12: If you have any questions, feel free to post them to the group. Also, if for some reason you cannot find Rocky’s class, post a message in the group and someone will help you to get connected.
#13: Also, please like and subscribe to my Facebook page: facebook.com/TestPrepEducatorClaysmile and I would greatly appreciate it if you could leave a rating and review. Thanks!
And after you pass the test, here is my advice about the next steps:
#1: Start the MU4 application on the NMLS website even before you secure sponsorship because there are several things you can get done (like fingerprinting and background check) even without the sponsorship. Or course, sponsorship will have to be done eventually to fully complete the MU4 but you can definitely start the MU4 process without the sponsorship. In fact, it is best to start the process before you get sponsorship because the fingerprinting and background checks can take a while to complete. So, it is good to get them done early. That way, when you finally secure sponsorship, the company will be able to hire you quickly without having to wait around for your background check and fingerprinting to be completed.
#2: I think the best career strategy for newly-licensed MLOs is to talk to the local realtors in your area and ask them if they can help you connect with a local, successful MLO who would be willing to take you on as his or her loan officer assistant.
That way, you will learn under a successful MLO and you will be paid a steady income.
And then, after about a year or two, you will be fully prepared to venture out into a 100% commission position. And with the awesome experience you gained by working under that successful MLO, you will be able to become a successful MLO too.
The MLO career is not as straightforward as some may think. The nature of the work is very complex and so, in order to succeed, you need to find the right mentor. Don't worry about how much the company is going to pay you. Just prioritize securing a super successful MLO to be your mentor. In the long run, you'll end up having a very successful career. Don't chase the money. Chase the experience and training and mentorship, and later, the money will come automatically.
Let’s keep in touch. I’m cheering for you and I’m grateful to be part of your journey!
By the way, a few of my colleagues and I plan to start teaching a 2-day Crash Course for the NMLS Test. If you are interested, let me know and I will keep you posted on when that course is scheduled.
@@Claysmile thanks!
That skip button useful when she talking it out
Federal Financial Institutions Examination Council
clay you are very energetic and knowledgable, but your assistant was not prepared and made it very difficult to learn. this is not personal its just the truth. TY
She was a student at that time. And to get the more detailed explanations and more free study sessions, check out the free Facebook group "MLO Study Buddy" mlostudybuddy.com/
Love it
Enterprise
The way she answers everything confuses me.
Oh my goodness the way she answers REALLY gets me confused on things. You straighten out her answers and she goes and twists it all around again
Same. I just focused on the questions and made my own study guide with them to study on my own. His other videos are better though and his newest ones are just him going over the study guide. Way more efficient and accurate so it’s easy to take notes as you listen and it’s way faster!
I like Liza better this woman confused me 😢