Loan Originator Licensing Test
Individuals applying for a license as a Loan Originator in Washington must take and pass the new Loan Originator licensing test offered by Promissor before conducting the activities of a Loan Originator. Promissor offers many testing center locations around the country.
How To Register For The Test
Please follow the instructions linked below when registering for the Loan Originator licensing test.
Licensing Test Study Guide
Before registering to take the Loan Originator licensing test, we recommend that you review the study guide linked below. It is also recommended that you view the test outline linked below to get a feel for what topics will be covered.
After Passing The Test
Please hold onto the certificate that says you passed the test. We will ask for information from the certificate when you renew your license.
Licensing Test Frequently Asked Questions
1) Must I pass the test prior to becoming a licensed Loan Originator?
Yes. To become a licensed Loan Originator you must take and pass the Loan Originator test.
2) After passing the Designated Broker test, will I have to take the Loan Originator test to get a Loan Originator license?
If you passed the Designated Broker test, and are currently a licensed Designated Broker, you will be given a Loan Originator license without having to take the Loan Originator test.
3) How much does the test cost?
Both the Loan Originator test and the Designated Broker test will cost $52.
The test fee of $52 must be paid at the time of reservation by credit card, debit card, voucher or electronic check. Fees will not be accepted at the test center.
4) How do I register to take the test?
Please follow these registration instructions (PDF)* from Promissor.
5) What will be covered in the test?
Sample questions can be found in this test study guide (PDF)*.
It is also recommended that you view the test outline (PDF)* to get a feel for topics will be covered in the test.
6) How soon after failing the Loan Originator test may I take it again?
You must wait at least twenty-four (24) hours before making a reservation for re-examination. After failing the test three consecutive times, you must wait at least fourteen days before taking the test again.
7) Can I change my test date?
You should call Promissor forty-eight (48) hours before the test to change or cancel a reservation.
Candidates who change or cancel a reservation with proper notice may transfer the fee to a new reservation, or may request a refund.
8) How long after taking the test will I receive my results?
When you complete the test, you will receive a score report marked "pass" or "fail."
9) How many questions will there be?
The Loan Originator test will consist of 100 questions. The Designated Broker test will contain 135 questions.
10) Where do I send my passing certificate to?
Please hold onto your passing certificate for the time being. We will ask for information from your certificate when you renew your license.
Contact Us
If you have any questions about the Loan Originator licensing test, feel free to contact us by phone at 360-902-8703 or toll free at 1-877 RING DFI (746-4334). You may also email us at dcs@dfi.wa.gov.
Related Pages
* This document is a PDF file, and you will need Adobe Acrobat Reader to view it. If you don't already have Acrobat Reader installed on your computer, you may download it for free from Adobe.
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