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To obtain a mortgage broker, mortgage lender or to become a mortgage originators in the United States a person must take the 20 Hour Mortgage NMLS S.A.F.E. Course. In 2008 federal regulation took over the mortgage licensing process with the passage of the Secure and Fair Enforcement for Mortgage Licensing of 2008 Act. This Act established the National Mortgage Licensing System and Registry (NMLS), which performs the approval process for training, registering and licensing residential loan originators, mortgage brokers, lenders and mortgage schools. The “S.A.F.E.” portion of the name of the course refers an acronym of the federal act itself.
To be licensed in Arkansas, here is a link to Arkansas Mortgage Licensing Information.
Call our Mortgage Course Counselors today for more course information at: 877-725-7551 |
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Questions and Answers to Help You Pass the Mortgage Exam
This exam prep course is designed to simulate the actual mortgage exam. It is a tool that can be used to practice proven text taking strategies and strengthen areas where more knowledge will be beneficial. With over 700 questions testing a variety of topics, students can focus on one particular topic, create multiple mock exams or choose to practice with questions from specific categories. |
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This course covers financial principles regarding residential real estate financing basics an mortgage trends. The discussion includes new, recently-available mortgage lending products, government influences on real estate finance, and current issues like sub prime lending and foreclosure |
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This course offers a comprehensive look at the use of principal financing instruments and how the government influences real estate financing. |
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This course addresses the hand-in-hand issues of predatory lending and mortgage fraud, and how they affect foreclosed and repossessed properties. Topics include the impact illegal flipping, federal protections and the impact of mortgage fraud and predatory lending on real estate agents. |
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This course gives an overview of credit scores, credit reports, and credit bureaus and advice on preventing identity theft and improving credit. Practicing professional will be able to help clients identify negative information on their credit reports; explain how credit scores are calculated and how lenders evaluate ability to pay. This course also deals with the Fair Credit Billing Act and the Fair Reporting Act and will show how you can improve ones credit score. |
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Real Estate Agent / Mortgage Professional
This course offers a behind-the-scene look at the workings of today’s mortgage market and will help professionals be better equipped to pre-qualify home buyers and match them with available loan programs. |
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This course explores the application process, fees, closing costs, tax benefits and treatments of reverse mortgages. |
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