57% Pass Rate - Don’t Be a Statistic.

Pass the NMLS SAFE Exam

The NMLS exam has a pass rate of 57% for first-time testers. So many people fail the exam because they underprepare or they are not used to preparing for such an exam.

Using the practice method below, I have been able to substantially increase the pass rate for this exam: 80% of testers who follow this method pass the exam on their first attempt.

Words of Advice

  • You play like you practice — so take your practice exams seriously.

  • Studying is not a spectator sport. Re-reading notes and re-reading the course material is the least effective way to prepare. The most effective way to prepare is to continue to interact with the material: take quizzes, quiz yourself or others, and complete memory dumps.

Day by Day Practice

This is a 10-day study plan that incorporates the resources provided and makes use of the study sessions that are provided. You can use this plan to self-study or use it to supplement the in-person study sessions that are offered

 

Day #1

 
  • Listen to the 4-hour exam prep crash course

  • Take notes based on the 4-hour exam prep crash course material

Resources: 4-hour prep course

Time: 4 hours

 

Day #2

 
  • Go through the PowerPoint review

  • Take notes based on the first slides, then start to complete the quizzes

Resources: PowerPoint Review

Time: 2 hours

 

Day #3

 
  • Take the first practice test: “Favorite NMLS Exam”

  • Good representation of the actual exam and a good test to see how ready you are.

    • Expectation: You should expect to score a 50-60% on this exam based on the practice you’ve completed so far.

    • Fast track: If you score above a 90%, continue to Day 4 and take a few more practice tests and get ready to take the exam.

  • Highlight the questions that you missed. Figure out why you missed those questions. Go back and study that material.

Resources: Favorite NMLS Exam

Time: 2 hours

Day #4

 
  • Before we keep trudging through practice tests, spend some time making sure you know your facts.

  • Read and take notes on the 800 Facts sheet. Any facts that you didn’t already know, take a note on them.

    • Didn’t know the facts as well as you expected? Try watching the NMLS videos.

Resources: 800 Facts; videos (supplemental)

Time: 2 hours

 

Day #5

 
  • Practice tests. Take each one, and grade yourself after taking it. Figure out why you got certain items wrong. Then move on to the next practice test.

  • You should be scoring around 70% now, and a practice test should only take you 45 min to an hour.

Time: 3 hours

 

Day #6

 
  • More practice tests. Take each one, and grade yourself after taking it. Figure out why you got certain items wrong. Then move on to the next practice test.

  • You should be scoring around 70% now, and a practice test should only take you 45 min to an hour.

Time: 3 hours

Day #7

 
  • Even more practice tests. Take each one, and grade yourself after taking it. Figure out why you got certain items wrong. Then move on to the next practice test.

  • You should be scoring around 80% now, and a practice test should only take you 45 min to an hour.

Time: 3 hours

 

Day #8

 

Time: 3 hours

 

Day #9

 
  • Take the first difficult practice test: “Simulated Exam 1

    • Expectation: You should expect to score a 85% on this exam based on the practice you’ve completed so far.

  • Highlight the questions that you missed. Figure out why you missed those questions. Go back and study that material.

Resources: Simulated Exam 1

Time: 2 hours

Day #10

 
  • Take the second difficult practice test: “Simulated Exam 3

    • Expectation: You should expect to score a 85% on this exam based on the practice you’ve completed so far.

    • If you score an 85% or above, you are considered to be “ready” to take the real test

  • Highlight the questions that you missed. Figure out why you missed those questions. Go back and study that material.

Resources: Simulated Exam 3

Time: 2 hours

 

Now take the test! You’re ready for it!