Dual Comp

Dual Compensation Licensing and Education Crash Course

Education Instructions:

In order to continue through our process, please complete the questions below. The answer to the following true or false questions are all based on the video found above. You will not be scored for correct or wrong answers, but all questions do need an answer. This quiz is just to ensure you have absorbed critical material. If you get a question wrong, the right answer and why it is the right answer will be displayed. When you are finished, submit the update at the bottom for the next phase of the process.

1. You need an NMLS ID to begin your education.
This is a true statement.
2. Setting aside time and planning to prepare for your NMLS exam is not required since it’s an easy test.
Sufficient planning and preparation is required to successfully pass the exam.
3. A passing grade on the National Safe exam is 70%.
75% is considered a passing grade.
4. If you fail the exam, you can take it again the next day.
You must wait 30 days to re-take the exam should you not be successful on your first attempt.
5. There are two key components for preparing for your exam. Completing the 20-hour pre licensing course and using other resources like practice quizzes through the on line dashboard provided to you by AnnieMac and it’s divisions.
This is a true statement.
6. The 20-hour pre licensing course is timed and will need to be completed with 14 days of starting the course.
This is a true statement.
7. A key element to passing your National Safe exam is to plan, commit to the work and follow through.
This is a true statement.
8. Once you pass the National Safe exam, you won’t ever need take it again as long as you fulfill your yearly licensing renewal requirements.
This is a true statement.
9. Lack of adequate study is the number one reason for failing the National Safe exam.
This is a true statement.
10. Broad knowledge is required to successfully pass the National Safe exam. Topics such as Federal Law, Ethics, General Knowledge, Origination Activities, and more.
This is a true statement.

By submitting this form, you are updating the existing information within our systems for record ID: null belonging to null null (null) and indicating that you have absorbed the material presented. Your information will be updated with that immediately and you will continue in our Dual Comp process.

You are attempting to complete an update to a record existing in our system that is not generated on this page properly. In order to update a record with the information this page provides, please navigate to the email sent and follow the link provided.