Question 15
Domain 2: Mortgage Loan Origination ActivitiesWhat is the minimum passing score required on the SAFE MLO National Exam?
Correct answer: C
Explanation
The SAFE MLO National Exam uses a passing standard of 75%, meaning a candidate must answer at least three-quarters of the questions correctly to pass. This score is the minimum threshold set for the exam.
Why each option is right or wrong
A. 60%
B. 68%
C. 75%
Under the SAFE Mortgage Licensing Act of 2008, the Nationwide Multistate Licensing System (NMLS) administers the MLO National Test with a fixed passing standard of 75%. In practical terms, the candidate must correctly answer at least 75% of the scored questions to satisfy the minimum competency threshold; anything below that fails the exam.
D. 85%