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Get Your Mortgage Loan Originator License in 2020!

 

Delaware Pre-Licensing Education

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Starting at: $349 Now Only $239!

Use Promo Code: 20PEDEAL

 

 

Obtaining a mortgage license and becoming a mortgage loan originator involves a simple process in which you will need to complete your state-specific education requirements and take and pass a National exam. Once these two steps have been completed, you're well on your way to becoming a licensed Loan Originator!

 

How to Get Your MLO License in Delaware

 

1. Fulfill all state and federal education requirements as designated by your state agency. (20 Hr SAFE Course)

 

2. Schedule, study for and pass your national mortgage exam.

 

3. Apply for the MLO License: Complete and submit your MU4 through the NMLS including, paying the licensing fee, completing a criminal background check and an authorized credit report.

 

 

Mortgage Broker vs. Mortgage Loan Officer – What’s the difference?

Mortgage brokers and mortgage loan officers are often confused with each other. Because of this, most people looking to get a mortgage broker’s license are actually looking for a mortgage loan officer’s license. So what is the difference?

 

Generally speaking, a mortgage broker is a company that employs mortgage loan officers. The loan officers are employed by the broker to originate loans for home buyers when they are looking for a loan for their mortgage.

 

So what kind of courses do I need to do to get started on my license?

Delaware requires 20 hours of NMLS approved mortgage education. Mortgage Educators & Compliance offers the National course with a National SAFE test prep in a low price bundle of $239 that includes a comprehensive test prep to help you score well on the NMLS National Test with UST component.

 

New mortgage license education, or "pre-license education" must be completed in either a live classroom or online instructor-led format.Mortgage Educators & Compliance provides these courses weekly in an Online Instructor-Led (OIL) format. These courses are presented by instructors via pre-recorded video with slideshow presentations. Courses are broken up into chapters comprised of 5 minute sections and quizzes that make up the overall education course. At the end of the course, students should expect a short test to check for comprehension. All hours are reported to the NMLS upon completion by Mortgage Educators & Compliance.

 

 

 

Additional Questions?

Mortgage Educators and Compliance is here to answer any additional questions that you may have in regards to your Delaware mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at 20hour@MortgageEducators.com.

 

 

 

 

Delaware Mortgage Education Pre-Licensing