Category: Who is/is not Passing the LO Exam
Why Some LOs are Not Passing the National LO Exam
The first time “pass” rate of the national loan originator exam has fallen to 69 percent. This is an indication that the test is not too easy. A high pass rate means an exam is too easy. A low pass rate means an exam is too hard. The numbers that tell a different story are [...]
View PostWho is and Who is Not Passing the New Loan Originator Exam
I’ve had a chance to meet many loan originators during the past 5 months while teaching the required 20 Hour SAFE Comprehensive Pre-licensing and Exam Prep Course. Currently, loan originators in WA State who have not been previously licensed are going through the licensing and testing phase which includes the required 20 Hour Course, mandated [...]
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