Everything you need to know on mortgage licensing as a loan officer. Ready for the next step in your mortgage career? Checkout our resources on setting up a mortgage brokerage.
Loan officers in the United States have the potential to be licensed in all 50 states, allowing them to offer mortgage services across the entire country. However, the decision to obtain licenses in multiple states involves careful consideration of…
Passing the NMLS SAFE exam should be top priority for any prospective mortgage loan officers. Only 54% of individuals who sit for the exam actually pass on the first attempt and if you do not pass, you have to…
Looking to become an MLO? Here’s our step-by-step guide to becoming a mortgage loan originator, aka a mortgage loan officer or MLO. First, let’s review what is a loan officer and what do they do? A residential mortgage loan…
If you’re a mortgage loan officer looking to significantly expand your client base and income, getting licensed in multiple states can be a game-changer. If you’re just starting out as a loan officer, multiple state licenses can help you…
If you’re wondering if can you be a real estate agent and be a licensed loan officer in a specific state, you’ve come to the right place. There are currently 45 states, and Washington D.C., where you can get…
Dual Licensing Explained Yes, it is possible to have both a real estate and mortgage license, this is known as having a dual real estate license. Not only can you have a dual license, but you can act as…
Mortgage officers play a key role in helping clients secure financing, guiding them through the myriad options when it comes to both purchasing and refinancing homes. To remain effective and responsive to client needs, a deep understanding of the…
Becoming a mortgage loan officer allows you to combine home financing expertise with customer service skills. As you guide people through the most significant financial decisions of their lives—buying and refinancing homes—it’s important to be well-prepared. Below are some…
Thinking about becoming a mortgage broker? Or looking to understand more about what they do? Let’s delve into this profession, what mortgage brokers do, the benefits, and the steps needed to kickstart a successful career. If you’re considering setting…