Washington MLO Exam Info

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

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

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

WASHINGTON

Getting a license: Real estate salespersons

To be licensed as a real estate salesperson, you must:

  • be 18 years of age or older.
  • complete a 60 clock-hour course in real estate fundamentals. Clock hours must be completed within 5 years prior to application for examination. A list of approved real estate courses are available in the real estate course catalog.
  • obtain a Candidate Handbook, which contains the examination application, from the course provider. Have your school stamp and complete the required information on the Examination Application. To schedule an exam, contact the provider of our Real Estate examinations, Promissor, at the toll-free number provided in the handbook.
  • pass the examination. Those who pass the exam will receive information on how to apply for a license. Results are valid for one year from the date of passing the examination.
  • complete and submit the Real Estate Salesperson, Associate Broker, or Branch Manager Application with the appropriate fee.

Getting a license: Real estate brokers

To get a broker's license, you must:

  • be 18 years of age or older.
  • have a high school diploma or equivalent.
  • have a minimum of 2 years of full-time experience as a real estate salesperson in Washington or in another jurisdiction having comparable requirements.
  • complete 120 clock hours of instruction in real estate including 30 clock hours in real estate law, 30 clock hours in brokerage management, 30 clock hours in business management, and a 30 clock hour in an approved elective course. For more information on courses and instruction, see the real estate course catalog.
  • obtain a Candidate Handbook, containing the Candidate Examination Document, from promissor.com, the Department of Licensing, or the course provider. Examination instructions provided in the handbook require brokers to verify 2 years of experience.
  • submit the completed Candidate Examination Document and proof of education to:
    Real Estate Licensing
    Department of Licensing
    PO BOX 9015
    Olympia, WA 98507-9015
  • pass the examination. Results are valid for 1 year from the date of passing the examination.
  • complete and submit a Real Estate Salesperson, Associate Broker, or Branch Manager Application, along with the appropriate fee.

Upon review and approval, the application will be returned and you will be eligible to schedule an examination date by contacting the testing provider using the toll free number listed in the Candidate handbook.

Please note: The experience and clock hours must be completed within 5 years prior to application for examination.

For more detailed information please go to http://www.dol.wa.gov/business/realestate/




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