Our computerized practice exams are delivered over the Internet by our vendor and timed to simulate your real exam. Until July 30, 2009, LOs and brokers will take the existing WA State DFI exam.
Your licensing exam will contain random questions from the DFI study guide following the required content outline:
Loan Originators
31% Federal Law
11% General Mortgage Info
4% Ethics
54% Washington State Law
Designated Mortgage Brokers
26% Federal Law
9% General Mortgage Info
4% Ethics
61% Washington State Law
Loan Originator Practice Exams: $59
Designated Broker Practice Exams: $69Includes:Two Federal Law Practice Exams
Two State Law Practice Exams
Two Ethics Practice Exams
Two Mortgage Math Practice Exams
Three Mixed Content Practice exams which will include content on general industry knowledge, math, ethics, as well as state and federal law, weighted from the above required content outline.After you click through to pay, we will email you your logon and password within 24 hours or less. PLEASE check your spam bin as spam filters are very sensitive these days.
“Hi Jillayne, I took your advice and spent an 1 hour doing nothing but APR till I could remember all the functions needed to get it calculated. What a huge help, Thank you for the advice and those practice exams were very helpful. With the 1st practice exam, I scored 64 and broke out in a cold sweat even though I was in my living room, The 2nd one I scored 79 4 hrs later after going back to study guide and then the 3rd @10:30 last night a 91, after I spent the hour with APR’s only. Thank you so much for all your help. I enjoyed your classes and have recommended the classes to other LOs. I have learned so much….and this morning, I passed the LO exam!”
“Hi Jillayne, I took your advice and spent an 1 hour doing nothing but APR till I could remember all the functions needed to get it calculated. What a huge help, Thank you for the advice and those practice exams were very helpful. With the 1st practice exam, I scored 64 and broke out in a cold sweat even though I was in my living room, The 2nd one I scored 79 4 hrs later after going back to study guide and then the 3rd @10:30 last night a 91, after I spent the hour with APR’s only. Thank you so much for all your help. I enjoyed your classes and have recommended the classes to other LOs. I have learned so much….and this morning, I passed the LO exam!”
Our practice exams are designed to simulate your real exam with questions selected from the DFI study guide. Your results are immediately available to you online and will also be emailed to you from our vendor.
Tips and Answers to Frequently Asked Questions:
For the math questions, practice with the allowed HP calculator so you can get an idea of how long it is taking you to calculate the math questions.
Incomplete assessment results are not calculated: You will not be able to start and stop a quiz to finish later.
Don’t practice with the DFI study guide manual open in front of you. I know it’s tempting to look up the answers, BUT the practice exams are designed to help you determine how much of the content you’re retaining from reading the DFI study guide, how much mortgage lending industry knowledge you already know; and, most importantly; what you DON’T know, so you can efficiently target those areas that you still need to study.
Still need help studying? Exam-phobic? Join us for one of our live, exam prep classes where you can earn continuing ed credit while gaining more foundational knowledge in state and federal law!
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