Indiana MLO study plan

Build a one-page timeline of federal mortgage law from 1968 to 2010, placing Fair Housing Act, ECOA/Reg B, RESPA/Reg X, HMDA/Reg C, TILA/Reg Z, GLBA, SAFE Act, and Dodd-Frank in order with the consumer harm each addressed

Explain without notes the three buckets of RESPA Section 8 (permitted payments, prohibited kickbacks, and things of value) and classify 8 practice scenarios correctly

Map each required TRID disclosure (Loan Estimate, Closing Disclosure, tolerances zero/10%/unlimited) to its timing rule and the Reg Z citation that governs it

Recite TILA/Reg Z advertising triggers and the APR accuracy thresholds for regular and irregular transactions

Drill 30 mixed federal-law questions and log every miss with the rule, citation, and a one-sentence fix

Compare ECOA/Reg B adverse action notice requirements against Fair Housing Act prohibited-basis rules and write the notices from memory

Work 6 APR and finance-charge calculations by hand (including points and prepaid interest) and explain each step aloud

Outline HMDA/Reg C reportable data fields, coverage thresholds, and the public-data implications for a lender's fair-lending risk

Summarize SAFE Act MLO licensing duties, temporary authority, and the federal definition of loan originator activity

Answer 25 scenario questions on advertising, steering, and appraisal independence at 80% or higher

Re-test the two weakest federal-law subtopics from weeks 1-2 and close every gap to 90% accuracy

List Indiana's high-cost home loan triggers, prohibited practices, and borrower-remedy provisions under the Indiana Home Loan Practices Act

Identify the Indiana regulator, licensing channels, pre-licensing and continuing-education hours, and sponsorship rules that apply to an Indiana MLO

Describe the NMLS record, surety bond, and background-check obligations that must stay current to originate in Indiana

Distinguish Uniform State Content topics (licensing, supervision, examination, discipline) from Indiana-only rules and label each note accordingly

Walk through an Indiana DFI examination from pre-exam document request to exit interview, listing the records an MLO must produce

Memorize Indiana disciplinary actions, hearing rights, and the reporting duties that follow an NMLS action

Explain Indiana advertising and disclosure rules for a mortgage loan originator, including name-and-license-number placement

Complete a timed 50-question mixed federal and Indiana set under 60 minutes

Diagram the origination workflow from lead capture to funding, naming the documents, disclosures, and deadlines at each stage

Compute qualifying income, DTI, LTV, CLTV, and reserves for 5 borrower profiles and state which loan program each fits

Match Conventional, FHA, VA, and USDA guidelines on down payment, MI, seller concessions, and property standards

Draft the questions an MLO asks at pre-qualification to surface credit, income, asset, and occupancy issues before application

Explain closing-document review and funding conditions well enough to teach a new processor

Define mortgage-market participants and the secondary-market flow from originator to servicer to investor

Explain how loan pricing is built from rate sheet, points, yield-spread premium, and servicing-release premium

Summarize appraisal and property-valuation basics, title insurance, and hazard/flood insurance requirements

Calculate payment components (principal, interest, taxes, insurance, MI, HOA) on 7 scenarios and identify which costs sit in escrow

Complete a 100-question timed mock exam and tag every miss by domain

Apply the ethics rules on conflicts of interest, undisclosed compensation, borrower information privacy, and fraud red flags to 15 scenario questions

Write the correct action for each ethics scenario in one sentence, citing the duty that controls

Distinguish fraud-for-profit schemes (occupancy, appraisal, straw-buyer) from negligence and describe an MLO's reporting duty

Revisit every miss from weeks 1-6 and restate the correct rule for each in your own words

Practice a 30-minute teach-back on ethics and federal law without notes

Take two full-length timed mock exams under test-day conditions and score both at 85% or better

Target the two lowest-scoring domains with 40 focused review questions each

Rehearse a 10-minute pre-exam brain dump of key numbers, deadlines, and Indiana rules

Confirm NMLS test-day logistics, ID requirements, and score-report process