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Exam Prep | Mortgage

MLO: Overview For SAFE Act Compliance CLASSROOM Crammer Course

This course is designed to prepare you with the knowledge you need to pass the National Loan Originator Test, which is mandated by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act).

Course Objective:
• A thorough review of federal mortgage lending-related laws, including the Truth in Lending Act, the Real Estate Settlement Procedures Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, and others.

• A summary of key concepts related to mortgage lending, for example, conforming vs. nonconforming loans, adjustable rate mortgages and nontraditional mortgages loan products, and general real estate terms.

• An overview of the mortgage loan origination process, including qualifying standards, loan programs, settlement procedures, and lending calculations.

• A review of ethical issues, including summary of laws related to fair lending and discussions on mortgage fraud and predatory lending.

Cost: $99
6 Hour CLASSROOM Review Course
9am - 4pm

National Mortgage Loan Originator ONLINE Review Crammer Course

The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) requires all mortgage loan originators (MLOs) to pass the SAFE Mortgage Loan Originator (MLO) Test, which includes a national component and may have a state-specific component.

This self-paced, online Mortgage Loan Originator Review Crammer has been designed to prepare you with the knowledge you need to pass the national component of the MLO Test. It includes clear, succinct discussions on the topics from the national MLO Test outline—federal mortgage lending-related law, mortgage industry terms and concepts, the loan origination process, and ethics—and unlimited opportunities to self-assess your understanding through tests at the end of each module. When you’re ready, you can take a comprehensive 100-question practice test that resembles the content breakdown and types of questions you will see on the national MLO Test. You can take as many practice tests as you want. Since the questions are randomized from large pool of questions, each test will be unique—you will never see the same exact questions in the same exact order. The MLO Review Crammer also includes a downloadable glossary and summaries for your reference.

Cost: $99
ONLINE Review Course

National Loan Officer CompuCram® Exam Prep Software

A self-paced exam preparation application for aiding students as they study for their National Loan Officer licensing exam.

The software features:

Over 500 practice exam questions written by experts with 20+ years of exam prep experience.
Questions written in the style of the actual exam and follow the state outline.
Two different modes of study: timed practice exams, or self paced study.
Highlighted real estate glossary terms for quick reference in the questions and answers.
A large bank of questions so you will never run out of practice exams.
All questions have rationale to help explain the concept behind the answer.
Timed exams to help simulate the real estate exam by developing time management skills.

· All final exams are graded and categorized to help identify problem areas.

Cost: $79

Ohio Loan Officer Review Crammer™ Course

This exam preparation course features an exam that simulates the Ohio Loan Officer licensing exam followed by an instructor-led review of the exam questions and concepts. Students will also learn test-taking techniques and tips on handling test anxiety. It is a comprehensive review of the information needed to pass the Loan Officer licensing exam. Students will gain an understanding of RESPA, Truth in Lending, Equal Credit Opportunity, Ohio Mortgage Loan Act and industry terms in preparation for the licensing exam.

Cost: $99