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 […]
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 […]
Duane Gomer Education Has A Lot Of Courses For Your Needs (More Info Or To Register: DuaneGomer.com) Want to get a real estate salespersons license? We provide three qualifying courses and the best LIVE Test Prep Course anywhere.6 You have served your two years and want to get a Brokers License? We have your eight qualifying […]
As You Know, MLO’s Are Required by Federal Regulations To Complete 8 Hours Of CE Every Year We strongly recommend LIVE; you do not want to sit on a lonely computer for hours. Go LIVE; ask questions; finish easily; network; have a learning experience; no carpal tunnel syndrome; etc. Duane Gomer, Inc. Has Started The […]
Libor, We Knew You All So Well For so many years when a Mortgage Loan Originator was asked, “What index is used for this adjustable loan?” Most of the time, the answer was LIBOR. Now there could be others such as 11th District Cost of Funds, 10 Year Treasuries, Moving Treasury Average. That was not […]
One Of The Biggest Problems For State Licensed Mortgage Loan Originators Is Using Proper Advertising You can have completely accurate ads and still violate many State and Federal Regulations. Last week, I introduced a new form to my classes. Most of them have never seen one. Of 60 students active in lending, only one had […]
The Vote For The Dodd-Frank Reform Was: 233 Republicans Yea, 185 Democrats Nay 1 Republican Nay. It now moves to the Senate where it will face more opposition and discussions. Should be interesting. McConnell and Warren; Schumer and Hatch; Waters and Republicans. Understand That It Is Not Being Abolished The key reforms of the […]
House GOP Moves To Repeal Provisions Of The Dodd-Frank Act A couple weeks ago, the House GOP moved a step closer to changing the Dodd-Frank Act. A House Panel approved a bill that would repeal about 40 provisions of the Law. It is expected to easily pass the House and go on to the Senate. There […]
Jim Eszlinger taught an outstanding 20-Hour MLO Pre-Licensure Course in San Diego recently. At the end of the course, students must pass an exam to receive Certification ,allowing them to apply to take the famous NMLS MLO Exam. Good news, all of the students passed the Course Exam and can now signup for the Fed […]
Why Is it So Difficult to Find Refinance Rates and Purchase Rates? In our MLO classes, I have mentioned many times that I can never find information on refinance rates and purchase rates for my rental houses. Every ad that I see talks about rates on my home, etc. etc. etc. There are many people out there […]
