ProSchools, a national provider of real estate and mortgage education, offers the required mortgage education for Colorado mortgage brokers. All current mortgage broker licensees need to complete 40 hours of approved education and pass a state exam by January 1, 2009.
The Colorado Division of Real Estate regulates the licensing of mortgage brokers. New applicants wanting to obtain a Colorado mortgage broker license are required by Colorado law to complete the required education and pass a state exam prior to applying for a mortgage broker license.
ProSchools' mortgage 40-hour broker course is approved and meets Colorado’s education requirement and includes exam prep. The course covers the mandated Colorado Mortgage Residential Mortgage Lending, Colorado Mortgage Lending Laws and Rules, and Colorado Mortgage Lending Business and Trade Practices.
The national testing provider, PSI, administers and grades the Colorado mortgage broker license examination. There are 160 total questions on the exam. To schedule their exam, applicants contact PSI.
"ProSchools’ course is designed to meet the 40-hour education requirement and includes an exam prep to help people pass the state exam,” says John Vogler, Vice President of Sales for ProSchools. "More and more states like Colorado are requiring education for mortgage professionals in order to combat mortgage fraud. ProSchools is committed to helping Colorado mortgage professionals meet this new regulation in a timely manner."
ProSchools offers online mortgage education, real estate education, and insurance education. All ProSchools courses are written and developed according to state regulations and include a comprehensive exam prep when a state exam is required.
With over 50 years experience developing real estate, insurance, and mortgage courses, ProSchools is also an approved mortgage provider in Oregon, Washington, Nevada, Idaho, Iowa, Illinois, Georgia, Maine, Indiana, Pennsylvania, Minnesota, Florida, Texas, Colorado, and Wisconsin. .
ProSchools offers online mortgage education, real estate education, and insurance education. All ProSchools courses are written and developed according to state regulations and include a comprehensive exam prep when a state exam is required.
More information can be found at the ProSchools website at www.proschools.com or by calling ProSchools at 1-800-452-4879.