Tagged: Angie Crippen, bankruptcy, charge-offs, collections, Commercial loan officer, Commercial loan officer career opportunities, Commercial loans, Distance to branch requirements, Mike Kortas, NEXA Mortgage, NMLS, nmls licensing, NMLS Mortgage School, recruitment call, texas nmls, VA Loans, Why NEXA, Why NEXA with CEO Kortas
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Mortgage Loan Originator License Requirements
Harlan replied 2 weeks, 2 days ago 3 Members · 27 Replies
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To learn more about career opportunities as a commercial loan officer, please visit https://lendingnetwork.org/commercial-loan-officer-career-opportunities/
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Commercial Loan Officer Career Opportunities
Lending Network, LLC offers commercial loan officer career opportunities with no experience to select goal oriented individuals.
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Vermese, you do not have to be licensed in Texas before getting licensed in other states. I live in Wisconsin and I could not get licensed in Wisconsin because of bad credit for 8 years but was licensed in Illinois, Florida, California, New Jersey, Washington, Arizona, and other states where credit was not a problem.
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I talked to Angie Crippen from OnCourse Learning today. Great 👍 five star true Profesional and she will help you.
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Vernise
Please join us tomorrow Thursdays on WHY NEXA ZOOM CALL AT 1 PM CDT Recruitment ZOOM CALL,. VERY INFORMATIVE https://www.zoom.us/j/4802285442
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Vernise, did you join the WHY NEXA ZOOM call with CEO Mike Kortas today? If not, it is every Thurdday at 1 pm CDT. You can ask any questions you like.
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That is an interesting question! Let us explain.
Texas Mortgage Loan Originator (MLO) License Requirements
- If your credit can be cleared or is in good standing, you can apply for a Mortgage Loan Origination license in Texas.
The following points must be noted:
- You must create an NMLS account.
- You need to take the necessary pre-licensure education (20 hours).
- You need to pass an MLO licensing exam.
- To work as an MLO, one must submit an MLO application.
- You must provide evidence of employment.
- Fingerprinting will be required for background checks.
- You authorize NMLS to conduct a credit check.
Residency Requirements for California, Illinois, and Arizona
- You do not have to establish a residence to be eligible for a Mortgage Loan Originator license in California, Illinois, and Arizona.
- However, you will need a licensed employer to cover the state you are applying to.
Commercial Loan Officer Opportunity
- When one decides to become a commercial loan officer, it provides essential experience and expertise that will be helpful when one decides to become a licensed mortgage originator.
The process usually includes the following:
- First, one must work in commercial lending.
- Second, one should learn commercial loan underwriting and documentation.
- Third, one must build networks with commercial clients.
Such experience can help you look at lending prospects differently, extending to financial analysis, which is very important when considering becoming a mortgage originator.