I Attended A Meeting Of The California Association Of Mortgage Professionals And heard a useful marketing tool mentioned again by Nelson Otero, President of the Southern Los Angeles County Chapter. I say again because Professional Real Estate Broker Terry Yapp of Mission Viejo has followed this technique with me many times. Just After The […]
Become A Loan Broker In 3 Steps The first step in becoming a State Licensed Loan Broker is to complete a 20 Hour Course. The second step is to take a Test-Prep Course and then study hard. Third, pass the 125 question National Exam. Pass an Honesty Test, etc. and you can start making loans. […]
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 […]
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 […]
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% […]
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 […]
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 […]
#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 […]
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 […]
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 […]
