Publisher's Synopsis
Are your looking to become a Mortgage Loan Originator?
Have you tried to pass the NMLS Exam once or twice and can't afford to fail again?
We're here to help, every step of the way!
SAFE ACT requires states to establish minimum rules and standards for the licensing and registration of mortgage loan originators.
This study guide will prove to be your ally in passing the exam because its structure has proven simple and effective for many of our students. So, even if this isn't your first attempt, you too can get your license.
Let's take a look at how this manual was structured:
- We've divided the information into lessons in a practical way-you can skip to any class and explore the areas where you feel you need the most help, or start at the beginning and work through each lesson in order.
- Each lesson begins with a theory part, when a particular law or regulation is explained at the end you will find a paragraph called "a close look at..." in which the main points of the law or regulation are summarized. In this way, you will understand and remember the concepts.
The Practice section is our masterpiece!
You won't find anything similar, it is the most complete Practice section, where:
- You will highlight the critical content and test your understanding of the content using the 26 quizzes and exercises in this manual, so you can simulate your exam repeatedly and assess how deeply you still need to study a content area or subtopic
- You will find an ultimate 100 question simulation test. After the test you will find the answers and the explanation of "WHY" it is the correct answer. I decided to add those explanations because if you didn't know the answer you don't have to research more, you can learn from your mistakes without losing time. On the other hand, if you did it right the explanation will be a good occasion to repeat the concepts that you will find in your exam
- You will be able to assimilate the concepts well thanks to 250+ flashcards and get help from the vocabulary, whereby you'll review concepts and terminology
- A bonus chapter of tips and tricks on how to study and focus on your study session with specific advice made for the NMLS test
There are several important laws and regulations that you must master. Here is quick look at a few of them:
- Federal law and regulations
- Ethics & fraud
- Lending standards related to nontraditional mortgage products
- How to maintain your career profitable during the pandemic situation
Yes, this book is designed to give you the information you need to pass your NMLS licensing exam and successfully enter the mortgage profession whether it be in sales, lending, processing, or underwriting.
You've probably realized that you have everything you need here to get your license!
So, be smart: IF YOU WANT TO START YOUR CAREER NOW, don't waste any more time and grab your copy now!
