NMP U - Your Complete Success Resource for Mortgage Performance. NMP U is an extension of National Mortgage Professional Magazine and was created to provide all of the resources every mortgage professional may need to succeed at the highest level. NMP U serves both wholesale and retail mortgage professionals. NMLS pre-licensing and continuing education courses are provided by Mortgage Educators and Compliance. NMP U seeks to provide the best resources to mortgage professionals while focusing on honesty, integrity and accessibility.
These courses are already listed at a discounted price! For more information regarding these courses, please click here,
Mortgage Educators and Compliance (MEC) provides a variety of NMLS approved education courses including Continuing Education (CE) and Pre-Licensing Education (PE).
The 8 hour CE course is for those who are renewing their mortgage license. The 8 hour CE for 2016 covers many different topics including 203k loans, RESPA, and Ethics. The online 8 hour CE course is designed in such a way as to give the student maximum flexibility while at the same time providing a well structured course filled with relevant information.
The 20 hour PE course was designed for those who are looking to become mortgage professionals. This 20 hour course meets the national education requirement set by the NMLS. The 20 hour course provides students with the knowledge they'll need in the mortgage industry while at the same time being engaging and entertaining.
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MEC also provides compliance services, test prep and other products. To see more of the products MEC offers, please follow this link.
For all other products and services please use the NMPU coupon code NMPUPE to receive more than 30% off!
NMP U is an extension of the National Mortgage Professional Magazine.
Please share this link with these specials offers with your friends!
Get Your Mortgage Loan Originator License in 2024!
New York Education Bundle
Starting at: $399 Now Only $269!
Use Promo Code: NYPEDEAL
Licensed in another state and want to add New York?
Now Only $74.98!
Use Promo Code: NYPE75
How to Get an NMLS Mortgage License in New York
|
Step 1 |
Step 2 |
Step 3 |
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Apply For Your New York NMLS Account and ID Number |
Complete Your New York NMLS Pre-License Education |
Need to Pass the SAFE MLO National Test |
||||||||
The first step to obtaining your New York mortgage license is applying for an NMLS account and ID number. To do so, go to the NMLS website. |
Once you’ve created your NMLS account, it’s time to complete your pre-license education. New York requires the 20-hour (17 hours & 3 hour elective) SAFE pre-licensure education course. |
With your education complete, you need to schedule an appointment for the National Test Component exam. Find out more on how to take your NMLS test here. Also check out the NMLS MLO testing handbook. |
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Step 4 |
Step 5 |
Step 6 |
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Complete Background Checks and Pay All Fees |
Apply for Your New York Mortgage License |
Associate Your NMLS Account with Your Employer |
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To finalize your application and receive your license, you will need to pay several non-refundable fees and get a background check. Find out more about how to complete your background check here. |
After receiving a passing score on your NMLS mortgage exam, you need to apply for your New York mortgage loan originator license. You can find more information on this step here. |
You won’t be fully licensed in New York until you have employer sponsorship, which lets the government know that an employer is supervising your individual license. Learn how to associate your NMLS account with your employer here. |
Getting Your New York Mortgage License and Starting Your Career
Your mortgage origination career in New York will keep you learning constantly. It will stimulate your mind and help you meet interesting people. At the same time, the licensing process can be challenging.
With the support of Mortgage Educators, you will be able to qualify for your New York mortgage loan originator license in less time and with less stress. Still, if you want to succeed, you’ll need to be committed. First, you have to complete 20 hours of instruction. Then it’s time to focus and practice for your exam so that, when you take it, you’ll pass it. Finally, you need the passion and people-skills to help borrowers throughout the loan buying process.
New York Frequently Asked Questions
In an effort to curb the predatory lending practices that led to the demise of the housing and residential mortgage industry in 2008, the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE) was enacted. This opened up a world of opportunity to those driven to attain an MLO license and then work hard to match people with loan products.
Three elective hours must cover New York specific regulations and laws. Mortgage Educators includes all of this bundled together, making it easy to keep track of your educational progress.
| Topic | Hours Required |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Non-Standard Lending | 2 Hours |
| Undefined Electives | 9 Hours |
| New York Specific Law | 3 Hours |
| Total 20 Hours | |
Although it hasn't been enacted, be on the look out for the PE expiration policy coming soon. It states - If you complete the required 20 hours of education but do not obtain your license for a 3-year period, you'll need to repeat the coursework. The same applies if you let your license lapse for 3+ years before you want to get back into the industry.
A “mortgage broker” refers to an individual or an organization that connects consumers with mortgage loans from a variety of companies. Mortgage brokers frequently employ loan officers. In contrast, a loan officer is an employee who regularly works with borrowers and provides loans that are originated by their employer. Brokers and loan officers need different types of licenses.
Learning how to become a mortgage loan officer in New York takes time and money. There are several steps you must take in registering and applying. The SAFE act has established licensing and registration standards for every Mortgage Loan Originator. If you’re looking to get your New York MLO certification, you will have to do the following and pay all associated fees:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| New York Application Fee | $379 (Includes $125 Investigation Fee & $254 License Fee) |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| National Exam | $110 |
On an annual basis, New York MLO license holders must complete 11 total hours of Comprehensive Continuing Education that must cover:
| Topic | Required Hours |
|---|---|
| Federal Regulations and Law | 3 Hours |
| Ethics, including consumer protection, fair lending | 2 Hours |
| Non-Traditional mortgage lending | 2 Hours |
| Elective | 1 Hour |
| New York Electives | 3 Hours |
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your New York mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at 20hour@MortgageEducators.com.
Get Your New Jersey Mortgage Loan Originator License in 2024!
New Jersey Education Bundle
Starting at: $399 Now Only $279!
Use Promo Code: NJPE279
Licensed in another state and want to add New Jersey?
Now Only $99.98!
Use Promo Code: NJPE99
How to Get an NMLS Mortgage License in New Jersey
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Apply For Your New Jersey NMLS Account and ID Number |
Complete Your New Jersey NMLS Pre-License Education |
Need to Pass the SAFE MLO National Test |
||||||||
The first step to obtaining your New Jersey mortgage license is applying for an NMLS account and ID number. To do so, go to the NMLS website. |
Once you've created your NMLS account, it's time to complete your pre-license education. New Jersey requires the 20 hour (16 hours & 4 hours elective) SAFE pre-licensure education course. |
With your education complete, you need to schedule an appointment for the National Test Component exam and take the NMLS test. Find out more on how to take your NMLS exam here. |
||||||||
Step 4 |
Step 5 |
Step 6 |
||||||||
Complete Background Checks and Pay All Fees |
Apply for Your New Jersey Mortgage License |
Associate Your NMLS Account with Your Employer |
||||||||
To finalize your application and receive your license, you will need to pay several non-refundable fees and get a background check. Find out more about how to complete your background check here. |
After receiving a passing score on your NMLS mortgage exam, you need to apply for your New Jersey NMLS license. You can find more information on this step here. |
Your license will still be pending in New Jersey until you have an employer sponsorship, which lets the government know that an employer is supervising your license. Learn how to associate your NMLS account with your employer here. |
Ready to Become a Mortgage Loan Originator in New Jersey?
Getting your New Jersey mortgage loan originator license is an exciting opportunity to further your career. Still, you can expect to invest time and energy into learning the ins and outs of the position.
Mortgage Educators is here to help you along your path by offering convenient, easy-to-understand courses that take care of all New Jersey pre-licensure education requirements. Those who are committed, dedicated, and ready to work hard will thrive in this career.
New Jersey Frequently Asked Questions
In an effort to curb the predatory lending practices that led to the demise of the housing and residential mortgage industry in 2008, the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE) was enacted. This opened up a world of opportunity to those driven to attain an MLO license and then work hard to match people with loan products.
Four elective hours must cover New Jersey specific regulations and laws. Mortgage Educators includes all of this bundled together, making it easy to keep track of your educational progress.
| Topic | Hours Required |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Non-Standard Lending | 2 Hours |
| Undefined Electives | 8 Hours |
| New Jersey Specific Law | 4 Hours |
| Total 20 Hours | |
Although it hasn't been enacted, be on the look out for the PE expiration policy coming soon. It states - If you complete the required 20 hours of education but do not obtain your license for a 3-year period, you'll need to repeat the coursework. The same applies if you let your license lapse for 3+ years before you want to get back into the industry.
A “mortgage broker” refers to an individual or an organization that connects consumers with mortgage loans from a variety of companies. Mortgage brokers frequently employ loan officers. In contrast, a loan officer is an employee who regularly works with borrowers and provides loans that are originated by their employer. Brokers and loan officers need different types of licenses.
Earning your mortgage broker license in New Jersey should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in New Jersey:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| New Jersey Application Fee | $180 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $261.25 |
On an annual basis, New Jersey MLO license holders must complete 11 total hours of Comprehensive Continuing Education that must cover:
| Topic | Required Hours |
|---|---|
| Federal Regulations and Law | 3 Hours |
| Ethics, including consumer protection, fair lending | 2 Hours |
| Non-Traditional mortgage lending | 2 Hours |
| Electives | 3 Hours |
| New Jersey Specific Education | 2 Hours |
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your New Jersey mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at 20hour@MortgageEducators.com.
Get Your New Jersey Mortgage License
If you’re ready to get your New Jersey mortgage loan originator license, you can count on Mortgage Educators to help you through the process. Get your online course bundle or CE course today.
Get Your Mortgage Loan Originator License in 2024!
Pennsylvania Bundle
Starting at: $399 Now Only $269!
Use Promo Code: PAPEDEAL
Licensed in another state and want to add Pennsylvania?
Now Only $74.98!
Use Promo Code: PAPE75
How to Get an NMLS Mortgage License in Pennsylvania
Are you wondering how to become a loan officer in Pennsylvania? Here’s a step by step guide to help obtain your NMLS license in Pennsylvania.
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Get an NMLS Online Account and ID Number |
Complete Required PA MLO License Classes |
Take and Pass Your NMLS Mortgage Licensing Exam |
||||||||
To start the process of getting your NMLS license in PA, sign up for an online NMLS account, getting an ID number. |
To obtain a PA NMLS license, you must take 20 hours of NMLS-approved classes on general mortgage originator topics, which includes 3 hours of classes focused on Pennsylvania. |
When your classes are completed satisfactorily, set up an appointment to take your National Test Component exam. Explore the process here. Also take a look at the NMLS MLO testing handbook. |
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Step 4 |
Step 5 |
Step 6 |
||||||||
Submit to Criminal Background Checks and Fingerprints |
Complete a Pennsylvania Mortgage License Application |
Coordinate Your NMLS Account With Your Employer |
||||||||
If you have passed your PA loan officer license exam, the next step is to complete background checks. See how here. |
After receiving a passing score on your NMLS mortgage exam, you need to apply for your PA NMLS license. You can find more information on this step here. |
To get your mortgage license out of the pending status, you must connect your online NMLS account with your employer sponsorship. Learn to complete this process here. |
The Benefits of an NMLS License in PA
Working under a PA loan officer license will connect you with fascinating and successful individuals who live in your community. You will be the one helping them in a major turning point in life: buying a home or other property. Be prepared for a career of constant learning and serving a variety of people.
It may seem like there are many hurdles to getting your PA NMLS license. But we are experienced in making it simple for motivated individuals like you. You can get an education bundle from us that takes you through your 20 hours of required education systematically. You can also take a practice test to know that you’re truly prepared. Mortgage Educators is committed to helping you enter an exciting, lucrative career.
Pennsylvania Frequently Asked Questions
In an effort to curb the predatory lending practices that led to the demise of the housing and residential mortgage industry in 2008, the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE) was enacted. This opened up a world of opportunity to those driven to attain an MLO license and then work hard to match people with loan products.
| Topic | Hours Required |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Non-Standard Lending | 2 Hours |
| Undefined Electives | 9 Hours |
| Pennsylvania Specific Education | 3 Hours |
| Total 20 Hours | |
Although it hasn't been enacted yet, look out for the PE Expiration Policy that's coming soon. It states - If you complete the required 20 hours of education but do not obtain your license for a 3-year period, you'll need to repeat the coursework. The same applies if you let your license lapse for 3+ years before you want to get back into the industry.
A “mortgage broker” refers to an individual or an organization that connects consumers with mortgage loans from a variety of companies. Mortgage brokers frequently employ loan officers. In contrast, a loan officer is an employee who regularly works with borrowers and provides loans that are originated by their employer. Brokers and loan officers need different types of licenses.
Earning your mortgage broker license in Pennsylvania should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in Pennsylvania:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Pennsylvania License/Registration Fee | $200 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $275.25 |
On an annual basis, Pennsylvania MLO license holders must complete 8 total hours of Comprehensive Continuing Education that must cover:
| Topic | Required Hours |
|---|---|
| Federal Regulations and Law | 3 Hours |
| Ethics, including consumer protection, fair lending | 2 Hours |
| Non-Traditional mortgage lending | 2 Hours |
| Pennsylvania Specific Education | 1 Hour |
Remember to take into account the “successive years” rule, which prohibits loan officers from taking the same CE course two years in a row.
Mortgage Educators changes its continuing education course annually to ensure there are no issues with the successive years rule.
The deadline to complete CE in Pennsylvania is December 31st. MLO's in Pennsylvania are actually prevented from applying for license renewal until they have completed their CE.
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your Pennsylvania mortgage license. For additional questions, feel free to call us at 801-676-2520 or email us at 20hour@mortgageeducators.com.
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