MRP National Exam study plan

Map the full VA loan lifecycle from eligibility through closing, labeling each stage with who acts and what document triggers the next step

Build a one-page glossary of at least 30 core terms spanning relocation, VA lending, and PCS vocabulary, writing each definition in your own words

Explain the difference between VA entitlement, loan guaranty, and the down payment requirement to a study partner without notes

Identify the three primary relocation stakeholders (military member, relocation service provider, lender) and list two duties each performs

Calculate basic and bonus entitlement scenarios for first-use and subsequent-use borrowers across three purchase prices

Distinguish VA loan features (no monthly mortgage insurance, funding fee, occupancy rules) from conventional and FHA alternatives in writing

Sequence the documents a lender collects at preapproval versus at underwriting, noting which items are VA-specific

Explain how the VA funding fee varies by down payment, first versus subsequent use, and exempt categories

Trace the VA appraisal and Notice of Value process from order to receipt, listing who can act at each step and typical timelines

Describe the VA Minimum Property Requirements categories and how a repair finding affects the transaction timeline

Outline the Certificate of Eligibility pathways and the evidence each pathway requires

Compare assumptions, rescission, and disclosure obligations under the relevant closing rules as they apply to VA transactions

Profile military buyer personas across active duty, reserve, guard, and veteran segments, listing two financial and two lifestyle priorities for each

Draft a consultation script that surfaces PCS timeline, BAH-driven budget, and entitlement status within the first fifteen minutes

Explain the Servicemembers Civil Relief Act protections that affect a military client's purchase or existing mortgage

Practice handling three objections military buyers commonly raise about timing, distance, and lender choice

Map the PCS order-to-close timeline, identifying the windows when buyers typically search, contract, and fund

Describe how remote and dual-location moves change showing strategy, power of attorney use, and document signing

List the relocation services a brokerage or relocation company typically provides and match each to a military client need

Explain how a spouse or non-military co-borrower affects entitlement use, credit review, and occupancy documentation

Compare the major relocation program structures (inventory, buyer value option, direct reimbursement) and state who bears which cost

Identify the documents a relocation company requires before a military seller can list and close

Draft a PCS support checklist covering utilities, schools, storage, and temporary housing referrals

Explain how relocation policy differences affect a seller's net proceeds and timeline for a military household

Complete a timed mixed-domain practice set and log every miss by domain and root cause

Re-teach the three weakest concepts aloud from memory, then verify against source notes

Recalculate entitlement and funding fee scenarios that were previously missed until each is error-free twice in a row

Rewrite any glossary entries that failed recall into sharper, shorter definitions

Run two full-length timed practice exams under test-day conditions and score each by domain

Review every remaining error log entry and confirm each concept is now answerable without notes

Recite the VA loan lifecycle, PCS timeline, and relocation program comparison from memory in a single session

Finalize a one-page formula and vocabulary sheet for last-minute review