Mortgage Lending Licensing

mortgage lendingMortgage lending certainly makes for a rewarding career. It will let you secure the American dream of home ownership for many people. Of course, it’s also a complex field. Enrolling in first-rate mortgage lending courses, though, will allow you to master the intricacies of this profession as quickly as possible.

If you’re seeking a Nevada mortgage lending license, you must complete 20 hours of classes to comply with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, which is known as SAFE. You’ll also need 10 hours of classes that deal with state rules.

The SAFE portion of the course, which you should take in a physical classroom, will provide you with just about everything that you’ll need to know to become a mortgage authority. That is, it will cover such subjects as federal laws, ethics, fraud, traditional and nontraditional forms of lending, conforming loans, and nonconforming loans. Moreover, those classes will prepare you for the national licensing examination.

If you’re already a mortgage professional, bear in mind that you’ll need to spend a minimum of 10 hours in a SAFE continuing education program before you can renew your license. That’s because mortgage regulations are continually changing, and the industry itself keeps evolving; it often adopts new methods and technologies. Be aware that you can take these classes online, which might be more convenient for you.

Finally, when you’re looking for mortgage lending courses, seek competitive tuition rates and glowing testimonials from alumni.

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