20+4 Hour New Jersey Pre-Licensing Package (14-Day LIVE In-Person or Zoom)

Prepare for the MLO license exam with this 14-day Live In-Person or Zoom instructor-led course for mortgage pre-license education. Our most popular mortgage pre-licensing course is test-focused and organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This online - instructor led 14-day course meets the federal mortgage training requirements found in the SAFE Mortgage Licensing Act of 2008 and helps to prepare students for the National Mortgage Loan Originator Test.

What You'll Learn 
This SAFE mortgage course consists of four modules that align with the mortgage loan originator test content outline:

How it Works
Live In-Person or Zoom instructor-led training that is taught by expert mortgage instructors and allows for a more interactive experience. If you are looking to do Online Class, you are required to have a computer with access to the internet and a Zoom account. NMLS requirements prohibit the consumption of licensing training on mobile devices, such as cell phones or tablets ( if they do not have a keyboard or webcam capabilities).

Get up to speed on New Jersey specific mortgage law!  This course addresses the lending statutes within New Jersey law that specifically apply to how mortgage professionals conduct business.  You will review the Department of Banking and Insurance, as well as many other topics, including those listed below.  This New Jersey state elective is NMLS-approved for the four hours of state specific education required for mortgage professionals to attain a New Jersey mortgage license.

What You'll Learn

Live In-Person or Zoom instructor-led training that is taught by expert mortgage instructors and allows for a more interactive experience. If you are looking to do Online Class, you are required to have a computer with access to the internet and a Zoom account. NMLS requirements prohibit the consumption of licensing training on mobile devices, such as cell phones or tablets ( if they do not have a keyboard or webcam capabilities).

Learn about the New Jersey mortgage education requirements for mortgage licensing.

In the state of New Jersey, mortgage loan originators are required to:

1. Complete a state and federal Criminal Background Check (CBC).
2. Authorize a credit report through the NMLS.
3. Fulfill all state and federal education requirements as designated by your state agency.
4. Take and pass a National Test.
5. Satisfaction of character and fitness requirements.

New Jersey NMLS Pre-Licensing Education Requirements:New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

• 3 hours of federal law
• 3 hours of ethics
• 2 hours of non-traditional mortgage lending
• 8 hours of electives
• 4 hours of New Jersey state-specific education

New Jersey Continuing Education Requirements:

State-licensed MLOs are required to complete 12 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

• 3 hours of federal law
• 2 hours of ethics
• 2 hours of non-traditional mortgage lending
• 3 hours of electives
• 2 hours of New Jersey state-specific education

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.