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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 59, § 59-2095.9: Written test requirement

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Where this section sits in the code
  1. OK Code
  2. Title 59

A. In order to meet the written test requirement referred to in

Section 2095.7 of this title, an individual shall pass, in

accordance with standards established under this section, a

qualified written test developed by the Nationwide Multistate

Licensing System and Registry and administered by a test provider

approved by the Nationwide Multistate Licensing System and Registry

based upon reasonable standards.

B. A written test shall not be treated as a qualified written

test for purposes of subsection A of this section unless the test

adequately measures the applicant’s knowledge and comprehension in

appropriate subject areas, including:

1. Ethics;

2. Federal law and regulations pertaining to mortgage

origination;

3. State law and regulation pertaining to mortgage origination;

and

4. Federal and state law and regulation, including instruction

on fraud, consumer protection, the nontraditional mortgage

marketplace and fair lending issues.

C. Nothing in this section shall prohibit a test provider

approved by the Nationwide Multistate Licensing System and Registry

from providing a test at the location of the employer of the

applicant or the location of any subsidiary or affiliate of the

employer of the applicant or the location of any entity with which

the applicant holds an exclusive arrangement to conduct the business

of a mortgage loan originator.

D. 1. An individual shall not be considered to have passed a

qualified written test unless the individual achieves a test score

of not less than seventy-five percent (75%) correct answers to

questions.

2. An individual may retake a test three consecutive times with

each consecutive taking occurring at least thirty (30) days after

the preceding test.

3. After failing three consecutive tests, an individual shall

wait at least six (6) months before taking the test again.

4. A licensed mortgage loan originator who fails to maintain an

active and valid license for a period of five (5) years or longer

shall retake the test, not taking into account any time during which

such individual is a registered mortgage loan originator.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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