100+ Free NV MLO Practice Questions
Pass your Nevada Mortgage Loan Originator Exam exam on the first try — instant access, no signup required.
Loading questions...
Key Facts: NV MLO Exam
75%
Passing Score
NMLS
55 Q
State Exam Questions
NMLS UST
20 hrs
Pre-License Education
NV Mortgage Lending Div
$50,000
Surety Bond
Nevada
The Nevada MLO state exam covers NV-specific mortgage laws administered by the NV Department of Business and Industry, Mortgage Lending Division. Combined with the national NMLS SAFE exam, candidates must pass both components to originate mortgages in Nevada. Nevada is a non-judicial foreclosure state using deeds of trust with power of sale clauses. The state enacted landmark protections including AB 284 (requiring proof of authority to foreclose) and the Homeowner's Bill of Rights. Nevada requires a $50,000 surety bond and has no post-sale right of redemption for non-judicial foreclosures.
About the NV MLO Exam
The Nevada MLO state exam tests knowledge of NV-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 (NV Dept of Business & Industry, Mortgage Lending Division)
NV MLO Exam Content Outline
Nevada Licensing Requirements
State-specific education, renewal, and licensing requirements
Nevada Mortgage Law
NRS 645B/645E, deed of trust, and lending regulations
Consumer Protection
AB 284, Homeowner's Bill of Rights, disclosure requirements, fair lending
Regulatory Authority
NV Mortgage Lending Division oversight, enforcement, and compliance
Foreclosure Procedures
Non-judicial foreclosure, NRS 107, notice requirements, trustee's sale
How to Pass the NV 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
NV MLO Study Tips from Top Performers
Frequently Asked Questions
What is the Nevada MLO exam?
The Nevada MLO exam is the state-specific component of the NMLS licensing test. It covers NV mortgage laws, licensing requirements administered by the Mortgage Lending Division, and state consumer protection regulations. You must pass both this state exam and the national SAFE exam to originate mortgages in Nevada.
How many questions are on the Nevada MLO state exam?
The Nevada 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 Nevada-specific topics should I study?
Focus on Nevada's non-judicial foreclosure process under NRS 107 (90-day cure period, 21-day sale notice), AB 284's requirements for proof of authority to foreclose, the Homeowner's Bill of Rights (AB 321), the deed of trust structure, NRS 645B/645E licensing requirements, the $50,000 surety bond, and Nevada's deficiency judgment restrictions.
What are the Nevada MLO license requirements?
Nevada requires 20 hours of NMLS-approved pre-license education, passing both the national and state NMLS exams, a criminal background check and credit report, a $50,000 surety bond (minimum), and registration through NMLS. Nevada also requires minimum net worth for mortgage companies.