What is the passing score for the SAFE Act?

The passing score for the SAFE Act is set at 75%. This standard is established to ensure that all licensed mortgage loan originators have a foundational level of knowledge necessary to carry out their responsibilities effectively. A score of 75% indicates that the individual has a sufficient understanding of federal law, regulations, and practices related to mortgage lending, which is critical in maintaining consumer protection and industry integrity.

Achieving this score reflects the candidate's ability to navigate the complexities of mortgage transactions, including knowledge of applicable laws such as the Truth in Lending Act and the Real Estate Settlement Procedures Act, among others. This benchmark helps ensure that all professionals meet the necessary educational requirements before serving the public in a lending capacity.