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October 2021

Can I be a Real Estate Agent and Mortgage Loan Officer Whilst?

This Article Is About Can I Be Mortgage Loan Officer And Real Estate Agent At Same Time These days finding a way to keep a competitive edge never hurts. And for people working in the real estate industry, becoming both a licensed mortgage broker and a licensed real estate agent can be very appealing. So, can you be a mortgage broker and a real estate agent? The short answer is a big yes, you can. However, there are some rules that you should… Read More »Can I be a Real Estate Agent and Mortgage Loan Officer Whilst?

What education do you need to become a mortgage loan officer?

If you want to become a mortgage loan officer, you probably have to go through multiple steps which the position entails. You typically need at least a bachelor’s degree, preferably in a business-related field such as finance, economics, or accounting. All you need is a mortgage loan originator license, which requires passing an exam, at least 20 hours of coursework, background and credit checks. Additional training takes place on the job. ILLINOIS MORTGAGE LOAN OFFICER EDUCATIONAL BREAKDOWN As stated above,… Read More »What education do you need to become a mortgage loan officer?

A Definite Guide on How To Get MLS License in Illinois

Learn about the Illinois mortgage education requirements for mortgage licensing. Your career as a mortgage lender is within reach through the NMLS continuing education in Illinois. If you need to offer a loan as a mortgage broker, you must possess the NMLS license. NMLS stands for the Nationwide Mortgage Licensing System. It requires loan officers to meet national standards through obtaining the NMLS license. Every state may have slightly different requirements, but in the state of Illinois: If you’re seeking the… Read More »A Definite Guide on How To Get MLS License in Illinois