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Created with both beginners and those with
experience in mind, this focused and lively workshop will guide you through the
20-hour live course for the NMLS Pre-Licensing exam requirement, as well as an additional 4 hours of instruction for those taking the State of Michigan exam component. Our
experts have developed the ultimate three-day course in which topics are covered
from origination to closing and the compliance requirements for the entire process. At
the end of the course you will be given the tools to:
- Understand how to
qualify borrowers for a mortgage loan.
- Explain general information about the
mortgage industry.
- Describe the various requirements for mortgage companies
under Michigan Law.
- Recognize the timing and content of required federal and
state disclosures.
- Understand federal laws and their requirements, as
applicable to mortgage lending.
- Pass both the Federal and State Component of the SAFE Act licensing exam
- And Much More!
The course includes comprehensive reference
materials handouts and worksheets.
MU 20 Hour MI SAFE Comprehensive Mortgage Loan Originator #1147 - 20 Hour Live Pre-Licensing students will receive password protected access to web based
practice test. This practice test consists of over 60 questions to help
you prepare for the format and environment of on line compliance
testing.
In addition to the practice, you will receive a study outline paired
with the course manual to target your studying.