California Loan Officer Standards & Requirements The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) established requirements for the licensing and registration of all Mortgage Loan Originators (MLOs.) Below you will find the profession requirements needed
Private Mortgage Lenders: 5 Tips to Make a Private Mortgage Work For You
Getting approved for a mortgage the traditional way can be difficult. If your credit score isn’t great or you haven’t saved up enough of a down payment what can you do if the perfect opportunity presents itself? Most people think
Mortgage Loan Originator Salary: What’s the Average Salary of a Mortgage Loan Originator?
If you’re thinking about becoming a mortgage loan originator or mortgage loan officer, one of your top concerns is how much you’ll get paid. Fear not, because we’ve got the answer for you. But first, a little background: What is
Loan Officer Assistant Salary: What to Expect
Loan and mortgage loan officer assistants play an integral part in the loan process. They’re not only involved in a lot of the behind-the-scenes work like double checking applications and preparing estimates for the lender. They also directly help customers
Nationwide Mortgage Licensing System (NMLS) & Registry Overview
With the passing of the Secure and Fair Enforcement of Mortgage Licensing (SAFE) Act in 2008, consumers were given a platform on which they could learn more about their mortgage lender. This helped boost consumer confidence and also regulated who
3 Tips for a Successful MLO License Renewal in 2018
If you have a mortgage loan originator (MLO) license, you probably already know that you need to renew it every calendar year. To make the process a little easier, NMLS has put the entire application process online. Before you renew,
Mortgage License: 5 Easy Steps to Getting a Mortgage Originator License
If you’re interested in starting a career as a mortgage originator, you probably already know that you need to be licensed. But, did you know that there is more than one way to get the education and experience you need
Loan Officer Training: The Two Most Important Skills to Master
Becoming a loan officer goes way beyond having a bachelor’s degree, master’s degree or relevant postgraduate study courses. It requires a vast array of talents learned through on-the-job training management. Aside from the extensive student classwork that is mandatory to
What Are the Job Duties of a Loan Officer?
The job description, as well as the duties and responsibilities of mortgage loan officers, are fairly wide ranging depending on the type of financial association they represent. This is seen in the fact that mortgage loan officers, also known as
Best Loan Officer Mortgage CRM
A few years ago, the loan and mortgage industry was a different beast. Just like most things change with time, the loan industry has evolved and being a mortgage loan originator requires expert management skills. In order to be a