Log inSign up
NMLS · Lessons

NMLS lessons

5 sections · 41 skills · work through the full outline skill by skill — read the long-form lesson or flip through the slide-style version.
Long-form lessonsSlide-style lessons

NMLS

Practice 41 skills across this outline.

Recommended next
Apply Underwriting Analysis
General Mortgage Knowledge · Credit and Underwriting Analysis
Long-form lesson
Weighting distribution
19 categories
Mortgage Loan Origination Activities · Processing and Underwriting Workflow
9%
Uniform State Content · Licensing and Registration Requirements
8%
General Mortgage Knowledge · Mortgage Products and Loan Types
7%
Ethics · Professional Conduct and Privacy
7%
Ethics · Fraud and Consumer Protection
7%
Uniform State Content · State Regulatory Authority
7%

Skills

The comprehensive taxonomy of nmls — drill into a card to work its skills.

General Mortgage Knowledge · Credit and Underwriting Analysis

2 core skills4% total weight
0/2 completed
2 skills to mastery
1
Apply Underwriting AnalysisRecommended
Long-form
2
Interpret Credit ReportsAvailable
Long-form

General Mortgage Knowledge · Mortgage Products and Loan Types

2 core skills7% total weight
0/2 completed
2 skills to mastery
1
Differentiate Loan ProductsAvailable
Long-form
2
Identify Mortgage StructuresAvailable
Long-form

General Mortgage Knowledge · Loan Terms and Qualification

3 core skills5% total weight
0/3 completed
3 skills to mastery
1
Identify Mortgage Insurance RequirementsAvailable
Long-form
2
Apply Loan Qualification RatiosAvailable
Long-form
3
Calculate Mortgage PaymentsAvailable
Long-form

General Mortgage Knowledge · Property Valuation and Appraisal

2 core skills4% total weight
0/2 completed
2 skills to mastery
1
Apply Appraisal Review StandardsAvailable
Long-form
2
Identify Appraisal MethodsAvailable
Long-form

Federal Mortgage-Related Laws · RESPA

2 core skills5% total weight
0/2 completed
2 skills to mastery
1
Identify RESPA Disclosure RequirementsAvailable
Long-form
2
Apply RESPA Anti-Kickback RulesAvailable
Long-form

Federal Mortgage-Related Laws · ECOA and Fair Lending

2 core skills5% total weight
0/2 completed
2 skills to mastery
1
Identify Fair Lending ViolationsAvailable
Long-form
2
Apply Adverse Action RulesAvailable
Long-form

Federal Mortgage-Related Laws · HMDA and Reporting

1 core skills2% total weight
0/1 completed
1 skill to mastery
1
Identify HMDA Reporting RulesAvailable
Long-form

Federal Mortgage-Related Laws · TILA and Regulation Z

2 core skills5% total weight
0/2 completed
2 skills to mastery
1
Apply TILA Disclosure RulesAvailable
Long-form
2
Apply Right Of RescissionAvailable
Long-form

Federal Mortgage-Related Laws · SAFE Act and Related Federal Laws

2 core skills4% total weight
0/2 completed
2 skills to mastery
1
Apply SAFE Act RequirementsAvailable
Long-form
2
Identify Federal Mortgage LawsAvailable
Long-form

Mortgage Loan Origination Activities · Processing and Underwriting Workflow

3 core skills9% total weight
0/3 completed
3 skills to mastery
1
Identify Underwriting DecisionsAvailable
Long-form
2
Differentiate Origination RolesAvailable
Long-form
3
Apply Fraud Detection PrinciplesAvailable
Long-form

Mortgage Loan Origination Activities · Loan Application and Documentation

2 core skills2% total weight
0/2 completed
2 skills to mastery
1
Apply Documentation RequirementsAvailable
Long-form
2
Identify Loan Application ElementsAvailable
Long-form

Mortgage Loan Origination Activities · Closing and Funding

2 core skills5% total weight
0/2 completed
2 skills to mastery
1
Apply Escrow And Title RulesAvailable
Long-form
2
Identify Closing ProceduresAvailable
Long-form

Mortgage Loan Origination Activities · Compliance and Loan Quality

2 core skills5% total weight
0/2 completed
2 skills to mastery
1
Apply Origination Compliance RulesAvailable
Long-form
2
Identify Loan Defect ProceduresAvailable
Long-form

Ethics · Fair Lending and Non-Discrimination

2 core skills6% total weight
0/2 completed
2 skills to mastery
1
Apply Fair Lending PrinciplesAvailable
Long-form
2
Differentiate Discrimination TypesAvailable
Long-form

Ethics · Professional Conduct and Privacy

3 core skills7% total weight
0/3 completed
3 skills to mastery
1
Apply Ethical Conduct StandardsAvailable
Long-form
2
Apply Confidentiality RequirementsAvailable
Long-form
3
Identify Privacy And Data SecurityAvailable
Long-form

Ethics · Fraud and Consumer Protection

3 core skills7% total weight
0/3 completed
3 skills to mastery
1
Identify Mortgage Fraud SchemesAvailable
Long-form
2
Apply Consumer Protection StandardsAvailable
Long-form
3
Identify Fraud Red FlagsAvailable
Long-form

Uniform State Content · State Regulatory Authority

2 core skills7% total weight
0/2 completed
2 skills to mastery
1
Apply State Enforcement PowersAvailable
Long-form
2
Identify State Regulator AuthorityAvailable
Long-form

Uniform State Content · Licensing and Registration Requirements

2 core skills8% total weight
0/2 completed
2 skills to mastery
1
Apply License Maintenance RulesAvailable
Long-form
2
Identify State Licensing RequirementsAvailable
Long-form

Uniform State Content · Prohibited Conduct and Penalties

2 core skills5% total weight
0/2 completed
2 skills to mastery
1
Apply State PenaltiesAvailable
Long-form
2
Identify State Prohibited ConductAvailable
Long-form