NMLS 2013 Continued Education Requirements

NMLS 2013 Continued Education Requirements

If you’re a licensed mortgage loan originator you probably know that you are required to complete a minimum of eight hours Continued Education each year.  What you likely don’t know is that it doesn’t have to be a grueling experience.

The first most important thing to realize is that if you took 20 hours of Prelicensing Education in 2013 then you don’t have to take Continued Education this year. You will need to renew your license and pay your renewal fee to the state or states you’re licensed in, but you wont have to take CE credits.

An important way that Loan Officer School is different than our competitors is that our Continued Education courses do not require an exam.  Our material, which is fully approved by the NMLS, includes a participational case study. This case study takes the place of an exam. The case study is an interactive situational based scenario that ties together all the important material from the course.  That’s a whole lot better way to learn than just Q and A that you will forget the moment you leave the room.  With a case study you can use and apply your knowledge in a situation that’s relevant to your mortgage career.

One of the most common questions we get is, “What format do you offer your CE courses in?” This is again how we differ from our competition. We offer CE courses online with flexible days and hours to meet every schedule.  We also offer live in person classes (we can even do one at your location!) and online self-study programs. However, the online self-study program does require an exam and let’s be honest, who wants to sit and stare at a computer for 8 hours with no human interaction? Not many.  Try one of our live Webinar for a great experience with no testing required.

Some people would love to take a live in person course, however finding the time to be away from your office and clients and finding a location near you can be difficult. That’s why the online live webinar is our biggest seller.  You can complete it from your home or office. You can even complete it from your car in a parking lot with an iPad!  Our webinar’s give you a break every hour so that you can respond to clients and run your business. The live webinars are offered as both a one day 8 hour course or a two day 4 hour course and both are available weekdays and weekends. The good news is you’ll have a live instructor who goes through the material with you. This keeps the information fun, interesting, interactive and relevant which makes the time go by much faster.

“What states are you in?”  That is the a very common question we get here at Loan Officer School. The answer is, all 50 states. So no matter where you are, we have the CE course that will meet your state’s requirement. Most states only require eight (8) hours of Continued Education. However, 20 states require either additional hours or one hour within the eight must be state law. If you are in AZ, CO, DC, GA, HI, ID, KY, MD, MA, MS, NV, NJ, NM, NY, NC, OR, PA, RI, WA, or WV you will have additional requirements beyond the 8 hours or state material beyond that of 3 hours federal laws, 2 hours ethics, 2 hours nontraditional mortgage products and 1 hour elective. For more detail on what your state requires visit this link. NMLS PE and CE state requirements

When it comes to meeting your CE requirements you may as well have some fun and do the class in a way that best meets your needs.  Not everyone can take the day off and sit in a class. Not everyone can, or wants to, sit in traffic at rush hour to sit through a live class miles and miles away. That’s the beautiful thing about our live webinars. You can do them from anywhere and if you have a hard time getting it all done in one day, then you can attend the two day webinar instead.  Both the one day and the two day courses have a ten minute break every hour so you don’t have to worry about losing leads or loans falling through the cracks because you can still run your business while meeting your CE requirements.

Here is what others are saying about the Loan Officer School CE programs:

  • I am so thrilled with Loan Officer School CE live class that I now book Sharmen Lane to hold the 8-hour class at our location every year!  Mary P. It was the best CE class I’ve ever taken. P.H. Orange County, CA
  • The Loan Officer School continued education class taught by Sharmen Lane was amazing. The class was 8 hours class and I was not bored because of the presentation on the material. Thelma M. PhD.

To find a list of live webinars please visit LoanOfficerSchoolwebinars If you have any problems, questions or want to schedule a live class in your office or for your company you can reach us at 866-623-1250.

We look forward to seeing you at an upcoming CE class soon!

By |2013-09-10T06:43:48-07:00September 10th, 2013|NMLS|Comments Off on NMLS 2013 Continued Education Requirements

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