ProSchools received NMLS approval for these additional mortgage courses today.
•1 Hour WA SAFE State Law: Mortgage Lending Conduct 2011 CE (2193)
•1 Hour AZ SAFE State Law: Mortgage Conduct 2011 CE (2191)
•8 Hour AZ SAFE Comprehensive 2011 CE (2192)
•1 Hour MD SAFE State Law: Lending in a Troubled Housing M
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Over the past month ProSchools has received approval from the NMLS for quite a few mortgage continuing education courses. With the “no-repeat” rule, we want to make sure we offer mortgage loan originators new courses each year, to avoid the issue of taking the same course two years in a row.Here are the new continuing educatio
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In our 20 hour SAFE course the chapter on NonTraditional Mortgage Loan Products still causes some students grief... especially the section about ARMs. So here is a synopsis that will help to get the basic concepts across!
An Adjustable Rate Mortgage (ARM) has a fixed interest rate at the beginning of the loan, then the rate changes to match
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Quality loan production begins with education. The better educated and experienced you are, the better service and advice you can offer your clients. Originating higher quality loans means happier underwriters and bigger paychecks. Mortgage originators have the opportunity to make an above par living while helping every borrower they meet. But wit
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As promised, here are the answers to the crossword puzzle.
If you haven't done the puzzle yet... don't open the answers!
Remember it's just as important to know what the actual words in the acronym stand for. For example NMLS is not the National Mortgage Licensing System... the first word is Nationwide!
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Acronyms are all around us. Think of how much time is saved by not having to say all the words! Many of them have become incorporated in our daily language.
The mortgage industry is no exception to this usage. As a matter of fact, we have a preponderance of these in our lingo. Test yourself here with this little crossword puzzle and see how many o
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