When you’re reviewing the different options available for your 8-hour continuing education class, it’s easy to get overwhelmed and confused.
“Do I choose an online one or a live, classroom one?”
You can’t imagine the number of times we get MLOs calling and emailing us with this question.
It is a challenge, indeed.
How can you decide?
This post will help you do that.
But before we do… here are a series of posts for you to understand everything there is about the NMLS Continuing Education requirements so you can make a fully informed choice.
- The Complete Guide to NMLS Continuing Education for Loan Originators: What Every MLO Needs to Know About the 8-Hour CE Class
- NMLS Continuing Education: How to Get the Most Out of Your 8-Hour CE Class as a Mortgage Loan Originator
- Mortgage Training Continuing Education Courses for MLOs: Should You Take an Online Class?
The following 5 factors determine your choice for an online or in-person CE class.
1. Your Study StyleDo you study best on your own? Do you enjoy creating your study plan and then sticking to it? If yes, then you’ll benefit the most from an online class. However, if you enjoy the energy and dynamics of a classroom setting and dislike being in front of a laptop for an extended period of time, then you need a LIVE classroom CE class.
2. Your Environment
The next thing to consider is your environment.
Do you have a distraction-free environment so you can focus for 8 hours on the study material and the following exam?
On the other hand, if you wouldn’t be able to shut the door on distractions, then we highly recommend you choose a classroom-style CE class so you can learn without any interruptions.
4. Your Tech QuotientLet’s talk about tech savviness. Taking an online class is great if you’re comfortable with your laptop, can navigate the online training portal and can take your test online too. You will need a high-speed Internet connection and a laptop with the latest version of Mozilla Firefox, Google Chrome, Microsoft Edge and Microsoft Internet Explorer. You cannot take the course or the exam on your tablet, phone or other mobile devices. Should you not be comfortable with the tech aspect of an online course, opt for a LIVE class instead. Simple.
3. Your Schedule and Time Availability
Do you have the time to travel to an in-person class and then spend 8-hours at a stretch over there?
If not, then you need an online class.
If travel isn’t a problem and you can take time off from either work or life commitments to spend a full day or maybe more (depending on where you’re traveling from) then, a live class will be best for you.