Rhode Island MLO Exam Info

Specific Rhode Island 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 Rhode Island MLO exam keeping up with the changes as they occur in Rhode Island.

MLO Practice Exams are organized into categories: When studying for your Rhode Island 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 Rhode Island MLO Exam.

Rhode Island MLO Exam Questions Questions Are constantly Updated: We constantly update all of our Rhode Island 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 Rhode Island MLO Exam.

REAL ESTATE SALESPERSON LICENSE REQUIREMENTS:

  • Must be 18 years of age
  • Must file a statement under oath on the application by a broker with a Rhode Island license in good standing attesting to the fact that the individual is competent and trustworthy and a suitable person to be licensed.
  • Must have three references (legal residents) not related to the applicant that are property owners and have known the applicant for at least three years certifying to the applicant’s good reputation for honesty and trustworthiness.
  • Non-Residents must file an irrevocable power of attorney form for service of process.
    (Power of Attorney Form)
  • Must successfully pass the real estate salesperson examination.

TO APPLY YOUR REAL ESTATE SALESPERSON LICENSE :

  1. Submit completed salesperson application (white)
  2. $10.00 application fee â€" Make Check payable to:
    Rhode Island General Treasurer

REAL ESTATE BROKER REQUIREMENTS
(RESIDENTS AND NON-RESIDENTS)

REAL ESTATE BROKER LICENSE

  • Completed application
  • $10.00 application fee
  • Must be of legal age of majority
  • Must be a legal resident of the United States
  • Evidence of one-year full time experience as a salesperson prior to the date of the application. (A statement under oath by a broker on reverse of the application is acceptable evidence)
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  • 90 hours of classroom study in subjects related to real estate from an accredited college, university, or proprietary school licensed by the State of Rhode Island, or an equivalent course offered by the extension department of an accredited college or university.
  • Study requirement shall be waived if he applicant possesses a baccalaureate degree with a major in real estate from an accredited college or university.
  • Non-Residents must file an irrevocable power of attorney form for service of process.
    (Power of Attorney Form)
  • Must successfully pass the real estate broker examination.

TO APPLY FOR YOUR BROKER LICENSE:

  1. Submit completed broker application (pink)
  2. $10.00 application fee â€" Make check payable to:
    Rhode Island General Treasurer
  3. Evidence of experience or transcripts of real estate education courses


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