Monthly Archives: October 2014

  • Sample Page

    This is an example page. It's different from a blog post because it will stay in one place and will show up in your site navigation (in most themes). Most people start with an About page that introduces them to potential site visitors. It might say something like this:

    Hi there! I'm a bike messenger by day, aspiring actor by night, and this is my blog. I live in Los Angeles, have a great dog named Jack, and I like piña coladas. (And gettin' caught in the rain.)

    ...or something like this:

    The XYZ Doohickey Company was founded in 1971, and has been providing quality doohickeys to the public ever since. Located in Gotham City, XYZ employs over 2,000 people and does all kinds of awesome things for the Gotham community.

    As a new WordPress user, you should go to your dashboard to delete this page and create new pages for your content. Have fun!

  • 5 Key Benefits of Online Education for Mortgage Loan Originators

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    As you are preparing to renew your mortgage license through the Nationwide Mortgage Licensing System (NMLS), completion of at least eight hours of approved education will be a key component to the process.

    According to the 2013 Annual Report released by the State Regulatory Registry (SRR), the entity that operates NMLS on behalf of state financial services regulatory agencies, 75% of mortgage loan originators (MLOs) completing continuing education (CE) did so online, rather than in live or webinar formats.

    Given the fast-paced nature of the industry, the trend towards online education is no surprise. What exactly is the appeal of online training in professional industries? There are five key benefits that continue to be supported by mortgage loan originators each year.

    Online Education Benefit #1: Go at Your Own Pace

    Online education lets you fill downtime with your coursework instead of requiring you to schedule around it. Whether you are completing the full eight-hour requirement or a shorter state law supplement (ranging from one to four hours), it can be challenging to carve those consecutive hours out of a day or evening. With the online self-paced option, you have the flexibility to choose your pace.

    Online Education Benefit #2: Take Classes When You’re Available

    Online self-paced mortgage CE classes allow you to work on whatever day, and at whatever time, is convenient for you. Days and times do not have to be the same from week to week. Online learning management systems are available 24 hours a day and seven days a week.

    Online Education Benefit #3: Study in Comfort

    The ability to create your own physical learning environment, specifically one that is most conducive to your learning style, is an added benefit of online training. Students appreciate the flexibility of choosing home or office, listening to music, no dress code, and more.

    Online Education Benefit #4: Save Travel and Wait Time

    The mortgage continuing education requirement is at least eight hours of NMLS-approved coursework, but with travel and waiting associated with live classes, the actual time spent could easily increase. Online mortgage classes free you from the time, expense, and hassle of travel.

    Online Education Benefit #5: Spend Less Money

    Online mortgage education classes typically cost about 10-20% less than traditional live classes due to the nature of the online format – students are able to print course materials directly from their computer, and there are no facility costs to host a live program.

    Annual continuing education is a requirement for all state-licensed mortgage loan originators. Choosing the option that allows you to fulfill your renewal requirements with minimal impact on your life and schedule makes sense for many mortgage professionals. Online self-paced mortgage classes are such an option.

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