OK MLO study plan

Map the federal disclosure timeline (Loan Estimate delivery and re-disclosure triggers, Closing Disclosure timing, rescission) onto a single one-page chart you draw from memory

Explain RESPA Section 8 prohibitions and identify which of ten short scenario descriptions describe lawful vs. unlawful referral-fee arrangements

List the ability-to-repay/qualified mortgage core requirements and state which documentation each requires

Define the triggering thresholds and consumer notices for ECOA/Regulation B, including adverse action timing

Summarize TILA/Regulation Z advertising and high-cost mortgage triggers and recite the tolerance rules for fees and APR accuracy

Differentiate HMDA reportable data fields and explain who must report and when

Describe fair lending and fair housing prohibitions (ECOA, FHA, HMDA) and match each to a compliance failure example

Explain SAFE Act licensing and registration duties for loan originators, including the unique identifier requirement

Compare conventional, FHA, VA, and USDA loan programs on down payment, mortgage insurance, and eligibility

Compute monthly PITI, LTV, and CLTV for three practice scenarios and check each against program limits

Explain the roles of the primary and secondary markets and how servicing rights transfer affects the borrower

Describe appraisal, title, and hazard insurance requirements and how each protects the lender

Sequence the origination workflow from prequalification through funding and name the documents produced at each stage

Explain how credit reports, DTI, and reserves are analyzed and identify common compensating factors

Interpret an income analysis for a self-employed borrower and document the calculation method

Distinguish preapproval from prequalification and explain the borrower disclosures each requires

Calculate maximum qualifying housing and total debt ratios for two borrower profiles and justify the result

Demonstrate how to read a rate lock, lock extension, and float-down provision and explain the borrower cost of each

Explain the purpose and timing of the appraisal, flood determination, and title commitment in the file

Identify red flags in a loan application that require further verification and state the follow-up action for each

Apply fiduciary duty concepts to conflicts of interest, compensation, and referral arrangements in origination

Analyze fraud typologies (occupancy, income, appraisal, identity) and name the detection step for each

Describe permissible and impermissible uses of borrower nonpublic information and the privacy safeguards required

Explain the ethical duty to disclose costs accurately and to correct errors discovered after closing

Outline Oklahoma licensing, examination, and enforcement structure for mortgage loan originators and the state regulator's authority

Summarize Oklahoma-specific consumer protection rules on disclosures, fees, and prohibited practices

Compare Oklahoma requirements against the federal baseline and note where the state rule is stricter or additive

Explain Oklahoma recordkeeping and advertising rules applicable to licensees

Complete two timed full-length practice exams and log every missed item by domain

Re-teach your five weakest concepts in writing without consulting notes, then verify against source material

Drill federal disclosure timing and Oklahoma-specific rules until recall is automatic

Build a one-page pre-exam review sheet limited to high-frequency, high-risk facts