Becoming A Real Estate Salesperson: You need to complete three qualification courses; Principles, Practices, and an elective. These courses should be taken by home study (either hard copy or online reading). It is just about impossible to find any company doing them LIVE, and to do so would take 135 hours of classroom time. These […]
Archive | Mortgage Loan Origination
62 Seems To Be Coming Earlier
In Real Estate There Are Certain Birthdays That Have Special Meaning 18- You can sign a contract or become a real estate agent 55- You can move into age-controlled housing 62- You can get a Reverse Mortgage So, Loan Originators You should note any friends, associates, enemies, acquaintances, and others who are hitting the major […]
MLO’s Thinking About Taking Our Live 8 Hour CE Course
First, Let’s Agree That LIVE Is Better Much better than sitting at a computer all day and night and taking an exam. The caliber of any LIVE course is decided in a great part by the caliber of the instructor. Read Some Recent Comments On Our Instructors We had ratings from NMLS of 100% […]
MLO’s; What Is Better Live Or Not Live
As Our Short Commercial Today I want to relay a comment our office received from a true professional and a branch manager for a well-known professional company. The seminar was in beautiful down-town Mission Viejo at the headquarters of Regency Real Estate. It Reads: Thank you for the class I attended Friday. Last year I […]
Want To Become A Mortgage Loan Originator The Easy Way
The Steps Are Simple The process more difficult. What are the requirements? #1- You must complete a 20 Hour Course covering Mortgage Lending Principles &Practices #2- Pass a 125 multiple choice examination with a grade of at least 75% #3- Pass a financial check #4- Pass a background check. Notes: The financial check is not […]
First – Update On Renewing A MLO Endorsement
#1- The MLO Endorsement Must Be Renewed Every Year And The Expiration Date For All MLO Renewals Is December 31st This is the requirement for both Department of Business Oversight and Department of Real Estate members. Loan Brokers from FDIC banks do not need any Federal Approved Education. #2- The Cost Varies For Different Licensees […]
We Got Audited Again
The Federal Government Sent An Auditor (Unannounced) To a 20 Hour MLO Pre-Licensing Class in Beautiful Van Nuys. They used to call ahead and tell you they were coming. Now, they show up at the registration desk. Then, they send you a report. The results were excellent from our standpoint. OVERALL; all rating were very […]
In Loans, It Is The Little Things That Count
Dennis Smith Of Stratis Financial Has been a student of Duane Gomer Education since MLO education began. His company of which he is a Co-Owner has been a strong supporter of my company since in the beginning. We did a large room sold-out License Prep Class, and everyone passed, extremely rare. Love Stratis. Dennis Does […]
Time for a Short Mortgage Loan Originator Commercial
Requirements to Become a Mortgage Loan Originator #1- Complete a 20-Hour Course Approved by NMLS #2- Pass a 125 question exam with a grade of at least 75% Is this easy? – No What is the Best Way to Be Really Prepared? #1- In our opinion, you have to take the 20-Hour Course. You […]
Well Done Jim Eszlinger
This Is A Class Graduation Photo For A 20 Hour MLO Approved Pre-License Course Thank you Loan Depot, San Diego for the use of your fine facility. 20 in-20 passed. Now study time for the National Exam. Do You Want To Become An MLO? Does your company want to schedule an on-site meeting? Call 800-439-4909 […]