Maryland MLO Exam Info

Specific Maryland MLO Exam Content: There is no such thing as a "standard" mortgage loan originator Exam. All states have varied content from each other. This is why we spend so much time preparing the individual content for the Maryland MLO exam keeping up with the changes as they occur in Maryland.

MLO Practice Exams are organized into categories: When studying for your Maryland MLO exam it is important to know your areas of weakness. We have taken the time to divide up the content into categories such as Federal Law, Loan Origination, General Loan knowledge and ethics. Each Category is graded separately to make it easier to identify and focus on your areas of weakness. Also included are master MLO Exams which incorporate all of the different categories into one test to help prepare you for your Maryland MLO Exam.

Maryland MLO Exam Questions Questions Are constantly Updated: We constantly update all of our Maryland practice questions, including our national practice questions, our explanations and answers, and other content. These all unite to give you the most comprehensive and up to date information for your Maryland MLO Exam.

MARYLAND

To qualify for a real estate salesperson license, an applicant shall be an individual who meets the requirements of this section.
- An applicant shall be of good character and reputation.
- An applicant shall be at least 18 years old.
- An applicant shall have completed successfully a basic course in real estate approved by the Commission that does not require more than 60 clock hours of classroom instruction; and includes a 3 clock hour course in real estate ethics approved by the Commission; or if approved by the Commission as an alternative, courses in real estate subjects in any college, including a 3 clock hour course in real estate ethics approved by the Commission.
- An applicant shall pass an examination given by the Commission under § 17-306 of this subtitle.
- An applicant shall obtain, from a licensed real estate broker, a commitment providing that the applicant shall become affiliated with the licensed real estate broker as a real estate salesperson on the granting of a real estate salesperson license to the applicant.
- An applicant shall meet any other requirement that the Commission establishes to ensure that only individuals who are professionally competent and of good character and reputation are licensed.

To qualify for a real estate broker license, an applicant shall be an individual who meets the requirements of this section.
- An applicant shall be of good character and reputation.
- An applicant shall be at least 18 years old.
- An applicant shall have completed successfully a course in real estate approved by the Commission for real estate brokers that includes a 3 clock hour course in real estate ethics approved by the Commission; and have been a licensed real estate salesperson and have actively and lawfully provided real estate brokerage services for at least 3 years. If an applicant is qualified to practice law in the State, the Commission shall waive the educational and experience requirements of paragraph of this subsection for that applicant.
- An applicant shall pass an examination given by the Commission.
- An applicant shall meet any other requirement that the Commission establishes to ensure that only individuals who are professionally competent and of good character and reputation are licensed.

This information was obtained from the Maryland real estate commission web site, for more information please go to http://www.dllr.state.md.us/