Now’s the time to complete your Iowa SAFE mortgage requirements. As an MLO or real estate professional performing MLO activities, the SAFE Mortgage Licensing Act requires you to complete Iowa pre-license education and pass the SAFE mortgage exam. Be prepared with Allied – benefit from a convenient online education from an approved NMLS course provider. Start today!
In the state of Iowa, to become a mortgage loan originator you must be at least 18 years old and be willing to submit to a credit and criminal background check.
Mortgage loan originators in Iowa are responsible for reviewing and approving mortgage loan applications for businesses or individuals looking for a loan. They use a process called underwriting to assess the loans and credit worthiness of the applicants.
You do not need any specific work experience prior to becoming a mortgage loan originator, although most employers prefer candidates with a background in lending, sales, banking or customer service.
Allied Real Estate Schools has been providing reliable real estate education courses for real estate professionals for more than 20 years. Exam preparation materials are available to help test takers do their very best on the MLO state exam so they don’t have to take it more than once.
*For the most accurate and up-to-date MLO license information please check the NMLS website.
Enroll now or talk with an Allied Representative today.
If you require the 20-Hour SAFE Mortgage Loan Originator Comprehensive Course and SAFE MLO National Exam Online Prep w/UST, the National SAFE MLO Fast Track Package has exactly what you need to help you meet your 20 hours of pre-license education and prepare for the national component of the state exam.
The 20-Hour SAFE Mortgage Loan Originator Comprehensive Course is designed to satisfy the pre-licensing education requirements for a mortgage loan originator by providing an education that requires regular attendance and participation in an online environment, covering federal laws and regulations (including TILA-RESPA Rule), ethics, lending standards for the non-traditional mortgage product marketplace, as well as loan products and programs, underwriting and settlement procedures.
The SAFE MLO National Exam Online Prep w/UST is designed to prepare existing and aspiring mortgage loan originators for the national component of the state exam as required by the SAFE Act (i.e. Secure and Fair Enforcement for Mortgage Licensing Act), with a UST category that covers: Mortgage Regulatory Commission, state law and regulation definitions, license law and regulations and compliance.