Does the 20 hour NMLS approved course matter??
Therefore, the 20 hour NMLS-approved course you choose to prepare you to pass the National NMLS Exam does matter! At Mortgage Educators and Compliance, we have opted to allocate the 12 elective hours in 2018 to address the 50 percent of the Exam NOT covered in the "core" 8 hours.
What is NMLS approved course number 2161??
The online instructor-led NMLS approved course #2161 fulfills the comprehensive mortgage license education requirement you need to obtain a mortgage loan originator license. All states require a minimum of 20 hours of mortgage education from an NMLS approved mortgage school.
What is on the National NMLS exam??
The National NMLS Exam tests you in five major categories: The SAFE Act mandates that all inpiduals take 20 hours of Pre-license education to receive their mortgage license. Although 20 hours are required, only 8 of the 20 hours have topics prescribed by the NMLS governing body. The 20 hours are broken down as follows:
Which is the best online course for NMLS??
Best NMLS Prep Courses 1 MLO Training Academy (Affinity) 2 OnCourse Learning MLO Courses 3 VanEd NMLS Review 4 CompuCram NMLS Review 5 Kaplan Mortgage Licensing Education 6 Learn Mortgage