Friday 9/3/2010 at 6:15:29 AM

Mortgage loan originators and brokers in Tennessee must now pass a Tennessee mortgage license test to conduct business in the state. The Tennessee mortgage test is a new requirement by the state and the Nationwide Mortgage Licensing System (NMLS). Mortgage professionals must pass the Tennessee mortgage test within four tries or risk the ability to do business in the state in the future.  Candidates must wait 30 calendar days between each test attempt. After the fourth attempt, they must wait 180 days before retaking the Tennessee mortgage license test.

Buy your Tennessee Ax5 online test prep now.

The Tennessee mortgage broker exam was released by the NMLS in February 2010. The test consists of 50 scored test questions and 10 unscored. The mortgage brokers test for Tennessee includes six topic areas:

  • Tennessee Department of Financial Institutions (5%)
  • Tennessee Law and Regulation Definitions (10%)
  • Tennessee License Law and Regulation (25%)
  • Compliance (50%)
  • Disciplinary Action (10%)

TrainingPro has the formula you need to help prepare for the Tennessee mortgage license test. TrainingPro’s Ax5 Test Taking Formula is the first formula specifically designed to help the mortgage industry prepare for the new NMLS testing requirements!

What is Ax5?

Ax5 is TrainingPro’s proprietary formula for preparing for the NMLS tests. Ax5 stands for:

  • Awareness of Exam Content
  • Assessment of Knowledge Level
  • Arrangement of Course Material
  • Action Plan
  • Analysis and Self-Evaluation

 

TrainingPro’s Ax5 test prep product line is based off of this successful formula. Learn more about our Ax5 Test Taking Formula! Call 1-877-878-3600. Check out our Ax5 Mortgage Loan Originator Test Prep: Tennessee State Component to help you prepare for your Tennessee mortgage license test!!

Tennessee Ax5 Test Prep
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