20 Hour SAFE Comprehensive Course and NMLS Mortgage Loan Originator Licensing

March 1, 2010 - PRLog -- In 2008, Congress passed the SAFE Mortgage Licensing Act. This Act created the Nationwide Mortgage Licensing System, or NMLS, and Registry for the residential mortgage industry. The Act sets forth procedures, requirements (including education and testing), and standards for mandatory registration and state licensing of Mortgage Loan Originators, or MLOs. It also requires the federal banking regulators to develop and maintain a system for registering depository institution employees as registered loan originators with the Registry.

By having all MLOs meet a national education and examination requirement, as well as required credit checks, it is the goal of NMLS and the Registry to weed out the non-professionals and focus on those who have always conducted business honestly. It will also assure that individuals entering the business will be held to the new, more stringent guidelines.

Larson Educational Services is an approved NMLS Education Provider (ID: 1400171) and 20 Hour SAFE Comprehensive Mortgage Loan Originator Course is the 20-hour course approved by NMLS (#1181) to obtain your Mortgage Loan Originator license.

In this course you’ll learn the basic principles and business fundamentals of financing, mortgage brokerage, and loan origination. You’ll leave the course with a comprehensive understanding of common mortgage terms, state and federal lending laws and standards of conduct and ethics.

The 20 Hour SAFE Comprehensive Mortgage Loan Originator Course is comprised of highly focused exam content based upon comprehensive research and testing and includes:

*Clearly-written notes covering 100 percent of the exam content
*More than 300 practice questions organized by exam content category
*Review exams and explanations
*Highlighted key words and phrases

UPCOMING COURSE DATES & TIMES

Dates:
OPTION #1 April 9-11 (Friday-Sunday)
OPTION #2 May 21-23 (Friday-Sunday)

Time:
8:30am-4:30pm (Sunday is 8:30am-12:00pm)

Tuition:
$299 and includes course materials

Location:
Larson Educational Services
Royal Palm Square
1400 Colonial Blvd, Suite 44
Fort Myers, FL 33907

To register online, go to http://www.larsoned.com/mortgagebroker/nmls/20-hour-safe-....

To register by phone, call (239) 344-7510.

****Need some help getting ready for the NMLS National Component Exam?****
Check out our NMLS Exam Prep products at http://www.larsoned.com/mortgagebroker/nmls/national-exam....

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Utilizing 30 years of real estate training and professional education experience, Larson Educational Services (RDB Ventures, LLC) is the premier education provider in Florida. We are an approved Florida Real Estate School (License #ZH1002299), CAM School (License #PRE31), Mortgage Broker School (License #MBS100000005) and NMLS Approved Course Provider (Provider ID: 1400171).

Larson Educational Services offers the following courses:

•63 Hour Sales Associate Pre-License Course •Real Estate License Exam Prep •45 Hour Post Licensing Course •72 Hour Real Estate Broker Pre-License Course •60 Hour Broker Post Licensing Course •14 Hour Real Estate Continuing Education •18 Hour CAM Pre-License Course •20 Hour CAM Continuing Education •24 Hour Mortgage Broker Pre-License Course •NMLS 20 Hour SAFE Comprehensive Course •NMLS Exam Prep