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2026 Statistics

Key Facts: TN MLO Exam

75%

Passing Score

NMLS

55 Q

State Exam Questions

NMLS UST

20 hrs

Pre-License Education

TN Dept of Financial Institutions

$25,000

Surety Bond

Tennessee

The Tennessee MLO state exam covers state-specific mortgage laws administered by the TN Department of Financial Institutions. Combined with the national NMLS SAFE exam, candidates must pass both components to originate mortgages in Tennessee. Tennessee is a non-judicial foreclosure state that primarily uses deeds of trust with a power-of-sale clause. The state requires a $25,000 surety bond and compliance with the Tennessee Residential Lending, Brokerage, and Servicing Act.

About the TN MLO Exam

The Tennessee MLO state exam tests knowledge of Tennessee-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 (TN Department of Financial Institutions)

TN MLO Exam Content Outline

25%

TN Licensing Requirements

State-specific education, renewal, and licensing requirements

25%

TN Mortgage Law

State mortgage statutes, usury laws, and lending regulations

20%

Consumer Protection

State disclosure requirements, borrower rights, fair lending

15%

Regulatory Authority

TN Dept of Financial Institutions oversight, enforcement, and compliance

15%

Foreclosure Procedures

Tennessee-specific foreclosure process, timelines, and remedies

How to Pass the TN 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

TN MLO Study Tips from Top Performers

1Master Tennessee's non-judicial foreclosure process using deeds of trust, including the power-of-sale procedure, required notice periods, and the role of the trustee
2Study the Tennessee Residential Lending, Brokerage, and Servicing Act thoroughly, especially its licensing requirements and prohibited practices
3Know the TN Department of Financial Institutions' enforcement powers, including examination authority, cease and desist orders, and civil penalties
4Understand Tennessee's usury laws and interest rate caps, including exceptions for federally regulated lenders under federal preemption
5Review the $25,000 surety bond requirement, trust account requirements, and continuing education obligations for Tennessee MLO license renewal

Frequently Asked Questions

What is the Tennessee MLO exam?

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

How many questions are on the TN MLO state exam?

The Tennessee 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 Tennessee-specific topics should I study?

Focus on the Tennessee Residential Lending, Brokerage, and Servicing Act, the non-judicial foreclosure process using deeds of trust, the TN Department of Financial Institutions' regulatory authority, Tennessee's usury and interest rate provisions, the $25,000 surety bond requirement, and state-specific consumer protection disclosures.

What are the TN MLO license requirements?

Tennessee 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 $25,000 surety bond, and registration through NMLS. Renewal requires annual continuing education including Tennessee-specific hours.