As part of the SAFE Act, Mortgager Loan Originators must comply with new rules.
If you work for a Depository Mortgage Lender, you must register with the NMLS
If you work for a Non-Depository Mortgage Lender, you must register AND complete the education and testing requirements.
These include satisfactory completion of a 20 Hour SAFE Act Course and any state required Courses.
Next, you must pass the National SAFE Act Test by correctly answering 75% or more of the scored questions on the test.
Some states require state specific education and all states require a state test that requires a 75% or above to pass.
To see what your state (s) requires, click here
For the National Test and your states' test requirements, click here
Register for the 20 Hour Course by clicking on the link for one of the upcoming scheduled courses in the sidebar.