West Virginia Mortgage Law Practice Test

Following an initial test attempt, how many times may a mortgage loan originator candidate retake the pre-licensing test before being required to wait six months to test again?

1. One

2. Two

3. Three

4. Four

The correct answer is: One

The correct answer is that a mortgage loan originator candidate may retake the pre-licensing test one additional time before being subject to a six-month waiting period for subsequent retakes. This regulation ensures that candidates have a fair opportunity to successfully pass the test while also encouraging a focused effort on preparation between attempts. After the first attempt, candidates are allowed one retake, but if they do not pass after that, they must then wait six months before they can attempt the test again. This policy is in place to help candidates digest the material and gain a better understanding of the concepts necessary for success in the field of mortgage lending. It also helps maintain the integrity of the licensing process by preventing excessive retesting over a short period of time.