Where can I get any information about the Mortgage Broker Exam? When will it be held each year?
Hi, is there anyone who can tell me how to become a Mortgage
broker and loan agent? Basically, I would like to know:
1. Do I have to actually take any course in community college
or can I study at home by myself?
2. Where can I get any information about the Mortgage Broker Exam? When will it
be held each year?
3. Is there any difference license for loan broker and real-estate
broker?
Any information is appreciated.
Licensing varies from state-to-state. R.E. brokers and agents are
licensed by the state -- most states have a minimum classroom hours
requirement to take the R.E. agent's exam. Then there is generally a
period of time that you must work as an agent (working for a broker)
before you can take the brokers exam.
Call the R.E. Licensing Board in your state.
Yes. All states license R.E. agents and brokers, but not all states
license non-bank mortgage brokers, yet.