How Are Loan Officers Paid?

Loan Officers earn a commission for each loan they close.  An example is a $300,000 loan paid at 1.50% of the loan amount is $4500.00.  Three loan closed in a month would generate a $13,5000 monthly income.

The SAFE Act

The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) established requirements for the licensing and/or registration of all Mortgage Loan Originators (MLOs.) 

This course satisfies the 20 hour SAFE pre-licensing education requirement in any state which does not require state-specific pre-licensing education. This course covers topics required by the SAFE Act: Federal lending legislation (3 hrs), ethics (3 hrs), and nontraditional mortgage products (2 hrs). Also included are 12 hours of elective topics to provide a broad understanding of key concepts.

Final certificate issued and NMLS hours banked upon completion of the course.  The 20-hour SAFE course is mandatory in obtaining a Mortgage Loan Originator License.

Mortgage Professionals Academy is an NMLS approved Course Provider (1405031)

What Will It Cost To Become Licensed?

$469.77  ​20 Hour NMLS SAFE Approved Course**

$110.00  NMLS National and Uniform State Test

$36.25    Criminal Background Check

$15.00    Credit Report Check

$631.02   Total Cost

** We take you through all of the steps to obtain your license.  The course is only $469.77.  The NMLS National and Uniform State Test is scheduled and paid for on your own time.  Once you pass the exam, you will then be able to obtain the Background and Credit Check.

Why Take Our LIVE Course?

What Are The Steps To Obtain A MLO License?

  1. Complete the 20-Hour NMLS SAFE Approved Course.
  2. Pass the NMLS National Test with not less than 75 percent correct answers to questions.
  3. Submit to a background check (including fingerprints, state, and national criminal check).
  4. Provide personal history and experience.
  5. Provide authorization to obtain an independent credit report, and information relative to any administrative, civil, or criminal findings.
  6. Never have had an MLO license revoked in any government jurisdiction.
  7. Not have been convicted of or pled guilty or nolo contendere to a felony in a domestic, foreign, or military court during the seven-year period preceding the date of the application for licensing and registration or at any time preceding such date of application, if such felony involved an act of fraud, dishonesty, or a breach of trust, or money laundering.

Who Will Benefit from this Course?

Those considering a career in the mortgage, banking or real estate industry.

Graduating High School Seniors who are exploring career opportunities.

College Students.

Anyone looking for supplemental, full-time or part-time income for their family.

Bank employees who want to advance in their career.

Real Estate Agents (You can actively hold a Real Estate and Mortgage License)

Those who have been licensed as mortgage loan originators in the past and want to return to the industry.

Those looking for work-from-home opportunities.

Anyone who wants to understand the mortgage loan process better. This course will save you thousands of dollars when considering the purchase or refinance of a home.

  • The Scotsman Guide lists 16 tips for passing the NMLS Exam and number ONE is to take a live course. Here's what they said about it:  As a mortgage professional, your time is valuable. You may wonder why you should "waste" your time taking a live course when you can take the class online and simultaneously manage your business.​  Taking a live course taught by a skilled instructor with whom you can interact captures your attention far longer than any other format would. And captured attention means greater levels of understanding and retention. By taking a live class, the inconvenience of missing work is clearly justified by passing the exam. After all, if you fail the exam, your hiatus may be even longer. 

  • ​Class is taught by Corey Moser. He is the President of Aspen Hills Mortgage and Mortgage Professionals Academy. He has been recognized by Scotsman Guide, Zillow and National Mortgage News as a Top Producer in the industry. He shares insight, tools and resources with his students of his more than 20 years of success.  He is recognized throughout the industry for his knowledge, humor, success and expertise. The testimonials of the course can be found on our Facebook page.

  • ​You will be trained for success by the BEST in this exciting industry!