|
For whom is the exam prep program designed?
The Louisiana mortgage lending exam prep program is designed for you if you engage in residential mortgage lending activities as a mortgage lender, broker or originator.
Do I need to be licensed to engage in residential mortgage lending?
Effective January 1, 2000, anyone who engages in residential mortgage lending activities including mortgage lenders, brokers and originators must be licensed. Visit our Licensing Requirements page for detailed license requirements.
What is the exam prep course?
ProSchools’ exam prep contains more than 2,000 questions in a multiple-choice format. The questions are available on the Internet – all you need is a username and password, and you’re off and running. The huge value added by ProSchools’ program is that we provide you with a full explanation as to why each answer is correct. You may take each quiz as many times as you like. The program will keep track of your scores for you, so you can easily see your progress.
How does the testing program work?
The online program allows you to take quizzes in multiple formats. You may take them in “open review” or “scored” format. “Open review” format allows you access to answers and explanations thereby helping you learn the course material. You will know immediately if your answer is "Correct" or "Incorrect," plus you will have instant access to a comprehensive explanation.
The “Scored” format helps test your comprehension and retention of the material. It simulates real-world exam conditions, in that you will answer each question without access to the correct answer or explanation. When you are finished, your score is presented. The score provides you with insight as to how well prepared you are at any given point to take the state exam. You will also have the opportunity to see any questions you missed and have access to a comprehensive explanation. |