When can I start working as a Mortgage Agent?
Mortgage agents may begin conducting business upon submission of the application.

What are the education and testing requirements?
Nevada law does not require initial education or testing to become licensed as a Mortgage Agent.

What is the Nevada Mortgage Lending Division?
The Mortgage Lending Division (MLD) is charged with the enforcement of regulations and licensing of Mortgage Bankers, Mortgage Brokers, and Escrow Agencies.

Do I need a college degree to become a mortgage broker?
No. For a mere fraction of the cost of an associate’s or bachelor’s degree, you could be earning a six-figure income as a mortgage pro! For more details on state licensing requirements, click here.

What kind of financial investment does it take to start a career in mortgage lending?
Next to nothing. For under $450, you can be trained, licensed, and ready to cash in on this lucrative career.

Should I get any additional books on the subject?
Sure, reading as much as you can about succeeding as a new mortgage broker is a wise strategy. ProSchools offers an array of books in our online bookstore.

What are the continuing education and testing requirements?
A mortgage agent must complete at least 10 hours of certified courses of continuing education during the year immediately preceding the date on which the license expires to maintain the license.

Can I carry over continuing education hours from one renewal cycle
to the next?
Class hours used for prior renewals may not be used to meet current education requirements, although excess hours may be used or carried forward.

For more details on becoming a licensed mortgage agent, click here.