This course satisfies the pre-license education requirements to become a mortgage loan originator.
This 20-hour course includes:
The remaining 12 hours cover loan products and programs, underwriting, settlement procedures, loan servicing, and default and foreclosure.
If the student does not begin the course within the first 48 hours, he or she will be administratively withdrawn.
During the online course, Allied requires the student to regularly communicate with the course instructor and classmates through online means within the learning platform. Instructors will respond and grade assignments within 24 hours of the due date.
It is individual state law that determines when a state-licensed MLO is required to pass the SAFE Mortgage Test, complete pre-licensure or continuing education training, and when state-licensed MLOs are required to complete their background checks.
State-licensed MLOs should refer to the NMLS State Licensing Requirements page regarding schedules for completing each of the professional requirements.
Allied will pay the $30 credit banking fee to the NMLS upon course completion!
Enroll now or talk with an Allied Representative today.
NMLS Provider ID# 1400321