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What is a licensed Mortgage Loan Originator (MLO)? + The Top Five Myths About the NMLS SAFE MLO Exam
What is a licensed Mortgage Loan Originator (MLO)? Sometimes referred to as a loan officer, a Mortgage Loan Originator is defined by the SAFE act as “an individual who for compensation or gain, in expectation of compensation or gain, takes a residential mortgage loan...
Mortgage Training Continuing Education Classes for MLOs: Should You Take an Online Course?
The debate is a never-ending one. Should you choose an online class for your continuing education and mortgage training? As someone who's been in the mortgage and real estate training industry for over a decade, I can assure you the answer is always: It depends. ...
Pop the Champagne! The Ultimate NMLS-Approved Mortgage Loan Originator Manual is HERE!
It's HERE! The mega 280-page packed-with-all-I-know-about-MLO-training Mortgage Loan Originator Manual is ready and waiting... for your eyes only. This Goliath-esque baby takes you by the hand and leads you through every single step of becoming a Mortgage Loan...
So… who IS an MLO and what do they do?
Put simply.... a Mortgage Loan Originator (MLO) is defined by the SAFE Act as “an individual who for compensation or gain, or in expectation of compensation or gain, takes a residential mortgage loan application, or an individual that offers or negotiates terms of a...
You don’t have $110 to burn on the NMLS SAFE test, right?
Right. Then... why would you take the NMLS SAFE test without preparing for it the right way? 😉 And don’t let the fact that you’re ‘smart’ stop you from preparing for the exam. In fact, in my extensive career in real estate and mortgage training, I’ve come across...