Kansas MLO study plan

Kansas MLO · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Kansas state mortgage law and regulation (OSBC supervision of mortgage businesses and loan originators)

Map the OSBC's licensing structure for mortgage companies and loan originators, including application, renewal, and surrender procedures.
Identify the Kansas statutes and regulations that govern mortgage business conduct, such as the Kansas Mortgage Business Act and related administrative rules.
Explain the OSBC's examination and supervision authority, including examination frequency, recordkeeping, and reporting obligations.
Define key Kansas-specific terms (e.g., mortgage business, loan originator, servicer) and distinguish them from federal definitions.

Create a one-page reference sheet listing the top 10 Kansas mortgage statutes/regulations with a one-sentence summary of each.

Week 2

Describe Kansas advertising and solicitation rules for mortgage lenders and originators, including required disclosures.
Outline the Kansas complaint and enforcement process, including grounds for disciplinary action and appeal rights.
Compare Kansas loan originator licensing requirements (pre-licensing education, testing, background check) with the SAFE Act minimum standards.
Explain Kansas rules on escrow accounts, servicing transfers, and borrower funds handling.

Draft a 10-question self-quiz on Kansas-specific compliance scenarios and answer each with a citation to the relevant statute or regulation.

Week 3

Summarize the federal laws in the NMLS Federal Resource Center that apply to mortgage origination, including RESPA, TILA, ECOA, HMDA, and SAFE Act.
Explain the key disclosure requirements and timing rules under TILA-RESPA Integrated Disclosure (TRID) for loan estimates and closing disclosures.
Describe fair lending obligations under ECOA and the Fair Housing Act, including prohibited bases and adverse action notice requirements.
Identify anti-money laundering (AML) and customer identification program (CIP) requirements for mortgage lenders under the Bank Secrecy Act.

Build a comparison table of five federal laws: covered entities, core requirements, penalties, and enforcement agency.

Week 4

Analyze federal advertising and marketing rules, including UDAAP prohibitions and required disclosures in mortgage ads.
Explain the Home Mortgage Disclosure Act (HMDA) data collection and reporting requirements, including reportable transactions and exemptions.
Describe the SAFE Act's licensing and registration requirements for loan originators, including the NMLS system and unique identifier.
Outline federal recordkeeping and retention requirements for mortgage loan files.

Write a 500-word summary of HMDA reporting triggers and common errors, with a checklist for compliance.

Week 5

Review the NMLS testing and licensing process, including exam registration, background check, and credit report requirements.
Explain the ethical standards for mortgage loan originators, including fiduciary duty, conflicts of interest, and fraud prevention.
Describe the loan origination process from application to closing, including key documents and timelines.
Identify common predatory lending practices and how federal and state laws address them.

Create a flowchart of the mortgage origination process with ethical checkpoints at each stage.

Week 6

Integrate Kansas-specific licensing rules with NMLS requirements to explain the full licensing lifecycle for an MLO.
Apply Kansas consumer protection provisions to ethical scenarios involving loan originators.
Analyze case studies of Kansas enforcement actions to identify violations and penalties.
Develop a study aid that cross-references Kansas law and general ethical standards.

Write three case study responses (200 words each) analyzing hypothetical Kansas MLO misconduct and citing applicable rules.

Week 7

Connect federal disclosure requirements (TRID, RESPA) to ethical origination practices and borrower communication.
Explain how federal fair lending laws intersect with ethical duties of loan originators.
Review NMLS testing content on federal regulations and ethics, focusing on frequently tested concepts.
Practice 50 multiple-choice questions covering federal law and ethics, and review incorrect answers.

Score at least 80% on a 50-question practice exam and log explanations for every missed question.

Week 8

Complete a full-length practice exam simulating the Kansas MLO test, with timed conditions.
Review all incorrect answers and create flashcards for weak areas across all domains.
Revisit Kansas-specific statutes and regulations one final time, focusing on recent updates.
Finalize a one-page quick-reference sheet for each domain to use in the final days before the exam.

Achieve a score of 85% or higher on a full-length practice exam and submit a final study summary.

Week 2: Pass a 20-question quiz on Kansas mortgage law with at least 80% accuracy.

Week 4: Complete the federal law comparison table and score 75% or higher on a 30-question federal law quiz.

Week 6: Submit all three case study responses and receive feedback confirming understanding of Kansas ethics rules.

Week 8: Score 85% or higher on a full-length practice exam covering all three domains.