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I literally could not wait to come home to write this review. First off I want to start by saying that before I ever purchase anything I always look and read almost every review about the product. When I was reading the negative ones I thought to myself “maybe they didn’t study hard enough or long enough” . But there were so many positive reviews that I thought “why not!” Well guys I read this book threes times back to back did all the quizzes and final exam until I would only get one wrong . I made flash cards , and I also watched affinity videos while I doing things where I couldn’t stop and read . Today was my test and I failed. I studied so hard ! But you know where my mistake was ? By trusting in this book and only reading this book. My test had literally 10% of which was in this book ! Now every test is different so maybe I just happen to get a test that had a bunch of questions that I didn’t even study for. Either way I don’t recommend that you buy this book and solely rely on it to study .

Side note: A lot of these reviews are of people who already failed once and passed the second or third time, and maybe it was only because the took the test before and had practice.

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I had took the Safe 20 hr. course in 2015. Fast forward a few years and I decided to pursue a full time path in the Real Estate Industry. Since most of the knowledge I had obtained 5 years ago in the 20 hr course had found its way to the very back of my memory, or simply just lost, I searched for review books that could help refresh and update that info. I found the “points to remember” in the back of each chapter, as well as the Q&A’s, to be very aligned with the actual questions on the test. You will definitely need to have a formal understanding of the law and subject matter to pass this test. As its required to receive at least a 75% to pass. I will disclose I do have an MBA in finance, so my weaker areas were more focused on the law components of the test and less on the formulas & calculations. I would highly recommend this book for anyone looking to give themselves an edge going into taking the MLO Safe test!

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I took the SAFE MLO exam twice (and failed) before I purchased Patricia O’Connor’s MLO study guide. Just a bit of a background, I have no mortgage related experience whatsoever and i thought, after the 20 hour required course, I had a decent handle on the exam. I was wrong the first time when i scored a 73 and I was wrong the second time when I scored lower at a 70. I was dumbfounded. I studied incessantly for those tests, I rewrote the material, created flashcards, etc. Obviously it didn’t work. I know now that I was not clearly understanding the different regulations, which is key. Patricia’s study guide is written in a way that helped me get it, finally! I recommend this book only to those that have already completed the 20-hour coursework and score low on the practice exams. In addition to the book, I was constantly taking the practice exams from the course and I fidnt take the exam until I was consistently scoring an 80 or more on the practice test. My 3rd attempt was a victory, I scored an 84. Thank you Patricia!!!

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The study guide is very well-done and you will learn lots of valuable information. I especially appreciated the “Important things to remember” section at the end of each chapter. I read through the entire guide and completed the tests initially, but my primary usage method was taking the tests over and over and over, and reviewing the “important things to remember” section periodically. I learn far better by doing, and seeing the concepts in practice rather than just reading about them. It helps that I am currently working in the industry, but I am brand new (under a year) and found this book to simplify and break down the concepts extremely well.

With all this said, DO NOT ONLY use this book to prepare for the test. The actual NMLS test is FAR HARDER. I was consistently getting 95-100% on all the practice tests in this book, and I made sure it wasn’t from simply memorizing the questions – I really had a good grasp of all the concepts referenced in the guide. I completed the NMLS test this past weekend and passed my first time with a 83%. I went through the Pro Schools 20 hour course in addition to this guide which helped me get over the top. If I had only used this Study Guide for the exam, I would estimate I would have received a 60-65%, and that’s with working in the industry.

Do yourself a favor and supplement your learning with other materials. And be sure to understand the concepts, because between the Pro Schools test and this Study Guide there were probably only 10% of directly correlated questions. The majority of questions were completely concept related and they purposely try to trick you so read the questions thoroughly.

In short, buy this book, it is well worth the investment. I only advise to use other materials in addition to it to fill in the gaps.

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I just took the test this morning and scored 93%. It took me 2 hours and you are given 3 hours 10 minutes. Would I recommend buying this book? Yes is my answer. The book does a good job of compiling the federal regulations, lending rules and guidelines and providing test to reinforce what you’ve read.

Would this be the only guide I relied on? No. You cannot get everything you need to know from this one source but that is ok. In addition to this book I googled form information, read actual law documentation and used the resources provided by the company that I did my education from.

I read through the book probably 3 times and read lots of other stuff too. I also used test engines from the education providers.

Good luck. Just so you know my post is legitimate. I am not associated with the author in anyway. I did residential lending from 2004-2008 but got out after the market turned. My primary work is in IT and I plan to do loans on the side.

Original Post:https://www.amazon.com/Mortgage-Originator-National-Study-Guide/dp/149446554X/ref=sr_1_4?keywords=mortgage&qid=1663658646&sr=8-4