Looking for a Keynote or Special Guest speaker at your next event?
Consider having mortgage industry expert David Luna.
Choose from a variety of different topics :
Mortgage trends, marketing, NMLS approved continuing education, federal laws, market analysis, and many more!
Pricing - Half Day trainings start as low as $1500!
(Travel Fees may apply.)
David Luna has more than 35 years of experience in the mortgage lending industry. He currently spends most his time traveling from coast to coast training mortgage lending professionals. David combines his wit, a natural flare for teaching and current events to entertain and educate even the most seasoned industry experts. He presently serves on national and state boards and holds several national and state certifications. He has been a consultant for Fannie Mae, Freddie Mac, as well as other large national banks. He has been featured in Mortgage Technology Magazine, National Mortgage Press, newspapers, NBC, CBS and ABC.
David is President of Mortgage Educators and Compliance, an NMLS approved education provider. He has served as Commissioner (a Governor appointed state mortgage regulator) and in several executive positions for banks, credit unions, mortgage bankers and brokerages throughout his career. Including Mellon Bank of New York, Great Western Bank of California, several Federal Credit Unions as well as Vice President of large publicly traded Mortgage Bankers and privately held mortgage bankers.
Call now and have David Luna at your next event!
877-403-1428
2022 is filling up fast!
Every mortgage loan originator needs CE by the end of this year. Buy this discounted voucher and when the time comes to complete your 8 hours of CE, you'll be able get it done without any problem. We will be offering CE in both video and text only format. Don't miss out on this great deal! (Some states may require more than just 8 hours of CE, check with your state provider to see exactly what you need)
Looking to become licensed as a mortgage loan originator? Here at Mortgage Educators & Compliance we offer the 20 hour plus the UT 15 hour courses of Pre-license Education course which
includes;
- The mandatory $30 NMLS banking fee
- Instructor led videos to ensure a positive learning experience
- For a limited time: the Uniform State Test Prep (UST is now required for everyone, because of this we offer UST WITH our 20 hour course)
This course is a 20 hour course these hours include;
- Three hours of Federal law
- Three hours of ethics (which shall include fraud, consumer protection, and fair lending issues)
- Two hours of non-traditional mortgage lending
- Ten hours of undefined education (referred to as electives)
It also includes 15 hours of Utah Specific Pre-Licensure training, required by the state of Utah for all new mortgage loan originators.
With this 20 hour course we also offer the Utah state component, a 15 hour course, as a bundle. This bundle is normally listed at $779.95, but if you use this coupon code, mpa379 , you can get the course for $379.95 (More than a 50% discount).
For more information, or to purchase our 20 hour plus 15 hour Utah Pre- licensure courses please clickHERE.
We also offer a live 15 hour course option. For more information on this great live course, click HERE.
We also offer this 20 hour course in a live webinar format. Be sure to use the coupon code, mpa31, to get a special discount on this course. For more information or to purchase this course, click here.
If you have any questions please feel free to contact us at
Get Your California MLO License in 2020!
|
CA-DBO Pre-Licensing Bundle   Starting at: $399 Now Only $239.99! Use Promo Code: CADBO |
Add CA-DBO Elective   Now Only $39.98! Use Promo Code: CAPE39 |
CA-DRE Pre-Licensing Course
Starting at: $349 Now Only $239.99!
Use Promo Code: CALPE
Frequently Asked Questions
Which agency should I choose?
The video above explains the difference between the two California state agencies' education requirements. If you are still unsure, please contact your employer, as you must be licensed under the same agency. If you do not yet have a sponsor, we recommend taking the CA-DBO 18+2 Hour Course. This course will fulfill both agencies' requirements, and you will be able to register under either department at a later date.
What steps should I take to get my License?
1. You must fulfill all state and federal education requirements as designated by your state agency. Please refer to the video at the top of this page if you are unsure which course will satisfy your agency's requirements.
2. Schedule your national exam through the NMLS. You must pass this exam with 75% or better. To help you study, your course will include some additional test prep materials. For even more study help, consider our additional test prep packages.
3. Apply for your MLO License. You will complete and submit an MU4 form through the NMLS, which includes a licensing fee, a criminal background check, and an authorized credit report. You will be able to find more specific education about MLO licensing requirements through the NMLS and through your state agency, either the DBO or the DRE.
Why should I get my Loan Originator License in California?
California has one of the strongest housing markets in the nation and it only continues to grow year after year. Obtaining your loan officer license in California takes determination, a willingness to learn, and a strong work ethic.
Is there a difference between a Broker and an MLO License?
Mortgage loan originators and mortgage brokers are commonly confused terms. Generally speaking, a mortgage broker is a company that employs a team of loan officers. Loan officers originate mortgage loans for new home buyers. Therefore, the correct license for a loan officer in California would be one of the options listed above, depending on which division your employer works under.
What is PE Expiration Policy?
PE Expiration is a policy that was created by the NMLS Policy Committee that addresses situations in which an individual is required to retake 20 hours of pre-licensure education if they fail to acquire a valid mortgage license within three years from the last date of licensure as a mortgage loan originator. California is currently in pending enactment for the PE Expiration policy which means the policy is currently not enforced, but it will be rolled out soon.
More Questions? Feel Free to Ask!
You can reach us at (801) 676-2520 or at 20Hour@MortgageEducators.com
Get Your Mortgage Loan Originator License in 2024!
North Carolina Bundle
Starting at: $399 Now Only $279!
Use Promo Code: NCPE279
Licensed in another state and want to add North Carolina?
Now Only $99.98!
Use Promo Code: NCPE99
How to Get an NMLS Mortgage License in North Carolina
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Step 1 |
Step 2 |
Step 3 |
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Apply For Your NMLS Account and ID Number |
Complete Your NMLS Pre-License Education |
Need to Pass the SAFE MLO National Test |
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The first step to obtaining your North Carolina 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. North Carolina requires 20 hours of NMLS-approved education and 4-hour state elective SAFE pre-licensure education. |
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. |
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Step 4 |
Step 5 |
Step 6 |
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Complete Background Checks and Pay All Fees |
Apply for Your North Carolina 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 North Carolina NMLS license. You can find more information on this step here. |
Your license will still be pending in North Carolina 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. |
A Rewarding Career With a North Carolina Mortgage License
Obtaining a North Carolina mortgage loan originator license is the first step toward an exciting, dynamic, and social career path. You’ll be able to keep learning new things, all while meeting new people and earning a good living. However, when you’re just getting started, the education and application process can be difficult.
You can use the steps and support offered by Mortgage Educators to get your license more quickly and easily. Our course bundle allows you to complete North Carolina’s education requirements with less hassle. You can also take an exam preparation class to make sure you’re ready. Then you’ll be well-prepared for a rewarding career that can keep you interested and engaged for many years.
North Carolina 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 North Carolina 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 | 12 Hours |
| North Carolina Specific Law | 4 Hours |
| Total 24 Hours | |
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 North Carolina should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in North Carolina:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| NC Application Fee | $125 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $206.25 |
On an annual basis, North Carolina 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 |
| North Carolina 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 North Carolina is December 31st. MLO's in North Carolina are actually prevented from applying for license renewal until they have completed their CE.
North Carolina also requires a new criminal background check and credit check each year. Although the deadline for your renewal application is the last day of the year, it's recommended that
you submit it by November 1st instead.
| Fee Type | Cost |
|---|---|
| Renewal | $125 |
| Reinstatement | $125 |
| Processing | $30 |
| Total Renewal Cost | $280 |
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your North Carolina mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at 20hour@MortgageEducators.com.
BECOME A Licensed Mortgage Loan Originator in FLORIDA!
This limited time offer is designed specifically for individuals wanting to get licensed as a mortgage loan originators in Florida. The state of Florida requires a individual to complete the 20 hours of SAFE NMLS approved education, pass the national exam and complete a 2 hour state specific Florida course before applying to get a license to originate residential mortgages.
Mortgage Educators and Compliance has a special Florida 20+2 hour mortgage license bundle available for $239.94 $225.98 which includes the required education and test prep courses to help pass the national exam. NMLS banking is included! Our course has pre-recorded videos and you complete the course 5 minutes at a time. The new 2 hour Florida state specific pre-license course is also included in the price.
Everything you need to study for and pass the NMLS national exam along with the NMLS education.
The BEST price AND value in Florida!
LIMITED TIME OFFER Ends June 30th, 2018
USE COUPON CODE: FLORIDAPE
More Florida Mortgage License Questions?
Toll Free: (877)-403-1428
Email: florida@MortgageEducators.com
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