NV MLO study plan

Map every required federal disclosure (Loan Estimate, Closing Disclosure, servicing transfer, APR/affordability) to its trigger event and delivery deadline on a single one-page timeline

Differentiate Regulation Z tolerance categories (zero, 10 percent, unlimited) by reclassifying a 20-line fee list into the correct bucket

Calculate the earliest permissible closing date for three scenarios using the Loan Estimate delivery, Closing Disclosure delivery, and rescission timing rules

Translate RESPA Section 8 and Section 10 prohibitions into five original fact patterns and label each as violation or permitted

Apply Regulation B adverse action requirements - timing, content, and notice options - to three denial scenarios

Compare ability-to-repay general, rebuttable presumption, and safe harbor thresholds and classify five sample loan files

Identify HOEPA high-cost triggers using the points-and-fees, APR, and prepayment-penalty tests on two loan scenarios

Outline SAFE Act licensing, registration, and annual continuing education obligations for an MLO

Describe the NMLS licensing workflow - pre-licensing education, testing, sponsorship, and renewal - and the state regulator's supervisory authority over licensees

Explain the state-law consumer protection provisions covered by Uniform State Content: advertising rules, required disclosures, and prohibited practices

Distinguish where state law supplements federal consumer protection requirements and where federal rules govern

Re-answer every item from the Week 1 and Week 2 error logs and rewrite the underlying rule for each miss

Define core mortgage terms - note rate, APR, PITI, LTV and CLTV, escrow, amortization - and use them correctly in written explanations

Compute monthly principal and interest, total interest paid, and LTV for fixed-rate loans, and show how discount points and temporary buydowns change the APR

Compare conventional, FHA, VA, and USDA programs by down payment, mortgage insurance or funding fee, and borrower eligibility

Classify primary, subordinate, and specialty products (ARM, balloon, interest-only, reverse mortgage) by risk profile and disclosure implications

Sequence the origination workflow from prequalification through funding and name the responsible party at each step

Complete a sample loan application and identify the information Regulation B requires the lender to collect

Explain each closing cost category on the Closing Disclosure and trace how fees map back to the Loan Estimate

Evaluate red flags found during title, appraisal, and credit report review and state the follow-up action for each

Describe the underwriting decision process using the four Cs - credit, capacity, collateral, and capital - and apply each to a sample file

Verify income, asset, and employment documentation requirements for agency-eligible loans

Explain the role of title insurance, appraisal, flood determination, and hazard insurance in clearing a loan to close

Interpret escrow account setup, escrow limits, and aggregate accounting for a sample closing

Identify mortgage fraud typologies - occupancy, income, appraisal, and straw-buyer schemes - and list the red flags for each

Apply fair lending rules under ECOA, FHA, and HMDA to advertising, steering, and pricing decisions

Explain the MLO's duties of good faith, confidentiality, and conflict-of-interest avoidance under SAFE Act ethics provisions

Summarize the disciplinary consequences of fraud and consumer protection violations for an individual licensee

Take two full-length 100-question timed practice exams under test-day conditions

Rank every missed question by domain and rewrite the governing rule for each miss

Recite from memory the key deadlines and thresholds: disclosure timing windows, adverse action timing, tolerance categories, and high-cost triggers

Drill the two lowest-scoring domains with flashcards until each reaches 90% mastery