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2026 Statistics

Key Facts: MO MLO Exam

75%

Passing Score

NMLS

55 Q

State Exam Questions

NMLS UST

20 hrs

Pre-License Education

MO Division of Finance

No redemption

Post-Sale Redemption

Missouri

The Missouri MLO state exam covers Missouri-specific mortgage laws administered by the Division of Finance. Combined with the national NMLS SAFE exam, candidates must pass both components to originate mortgages in Missouri. Missouri is a non-judicial foreclosure state that uses deeds of trust with a power of sale clause, allowing foreclosure without court involvement. The state has a short foreclosure timeline (typically 60-90 days) and no statutory right of redemption after the sale.

About the MO MLO Exam

The Missouri MLO state exam tests knowledge of Missouri-specific mortgage laws, licensing requirements, and consumer protection regulations. This exam is taken alongside the national NMLS SAFE exam component.

Questions

55 scored questions

Time Limit

1 hour 30 minutes

Passing Score

75%

Exam Fee

$110 (Missouri Division of Finance)

MO MLO Exam Content Outline

25%

Missouri Licensing Requirements

State-specific education, renewal, and licensing requirements

25%

Missouri Mortgage Law

State mortgage statutes, usury laws, and lending regulations

20%

Consumer Protection

State disclosure requirements, borrower rights, fair lending

15%

Regulatory Authority

Division of Finance oversight, enforcement, and compliance

15%

Foreclosure Procedures

Missouri-specific non-judicial foreclosure by deed of trust, timelines, and remedies

How to Pass the MO MLO Exam

What You Need to Know

  • Passing score: 75%
  • Exam length: 55 questions
  • Time limit: 1 hour 30 minutes
  • Exam fee: $110

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

MO MLO Study Tips from Top Performers

1Master Missouri's non-judicial foreclosure process using deeds of trust, including the power of sale clause, the 20-day notice requirement, and the absence of a post-sale statutory redemption period
2Study the Missouri Residential Mortgage Loan Broker License Act thoroughly, especially prohibited practices, disclosure requirements, and the Division of Finance's enforcement powers
3Know the Division of Finance's authority to examine licensees, issue cease and desist orders, impose fines, and suspend or revoke licenses for violations
4Understand Missouri's consumer protections including the Missouri Merchandising Practices Act as it applies to mortgage lending, and the state's anti-predatory lending provisions
5Review Missouri's surety bond requirements, the use of deeds of trust versus mortgages, and the specific requirements for trust accounts holding borrower funds

Frequently Asked Questions

What is the Missouri MLO exam?

The Missouri MLO exam is the state-specific component of the NMLS licensing test. It covers Missouri mortgage laws, licensing requirements administered by the Division of Finance, and state consumer protection regulations. You must pass both this state exam and the national SAFE exam to originate mortgages in Missouri.

How many questions are on the Missouri MLO state exam?

The Missouri MLO state exam has 55 questions with a 1 hour 30 minute time limit. You need a score of 75% (approximately 41 correct answers) to pass. The exam is administered through NMLS at Prometric testing centers.

What Missouri-specific topics should I study?

Focus on Missouri's non-judicial foreclosure process using deeds of trust, the 20-day notice requirement before sale, the Division of Finance's enforcement authority, the Missouri Residential Mortgage Loan Broker License Act, and the absence of a post-sale statutory right of redemption.

What are the Missouri MLO license requirements?

Missouri requires 20 hours of NMLS-approved pre-license education, passing both the national and state NMLS exams, a criminal background check and credit report through NMLS, and registration through NMLS with employer sponsorship. Missouri does not require additional state-specific pre-license education hours beyond the federal 20-hour requirement.