Step 1

Take the Exam Prep course (which includes both state and national portions)

Step 2

Log onto www.stateregulatoryregistry.org/NMLS You must create an account.  Once you have created an account you will be assigned a user name and password

Step 3

Register for the National exam through Spencer Training and Testing Development, Inc. www.spencertesting.com to test at an authorized Pearson Vue site.  Please be advised that you must pass the exam with a 75% or higher score.

If you fail the exam you must wait 30 days prior to re-taking the exam.  A candidate can only test 3 times and then must wait 6 months before re-testing.

Step 4

After you have successfully passed the exam you must register through the NMLS site at  www.stateregulatoryregistry.org and print off a MU4 form this form must be completed
and filed with NMLS by August 31, 2010.

Step 5

Complete 15 hours of continuing education (CE) by December 31, 2010; and after that you must
complete 8 hours of CE annually beginning calendar year 2011.  File a MU4 form along with the appropriate fee.