How many questions does the NMLS exam contain? The NMLS exam contains 120 multiple-choice questions, each with four answer options. By Rich Leffler|11:40 am|NMLS Test|Comments Off on How many questions does the NMLS exam contain? Share This Story, Choose Your Platform! FacebookXRedditLinkedInWhatsAppTelegramTumblrPinterestVkXingEmail About the Author: Rich Leffler