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California Mortgage Loan Originator Pre-Licensing Course: 20-Hr. CA-DRE MLO Pre-Licensing Standard Package

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California Pre-Licensing PACKAGE

California Pre-Licensing:20-Hr. CA-DRE MLO Pre-Licensing Standard Package

20-Hr. CA-DRE MLO Pre-Licensing Standard Package

$475.00
20 Total hours
0 State hours
20 National hours

This package includes 20 hours of Pre-Licensing education required to become a mortgage loan originator (MLO), as well as Exam Prep Edge to help you pass your exam.

Individuals who wish to become a mortgage loan originator (MLO) are required to complete 20 hours of pre-licensing education, in accordance with the SAFE Act, which includes:

  • Three hours on federal mortgage-related laws
  • Three hours on ethics
  • Two hours on non-traditional mortgage products
  • 12 hours of electives

This course fulfills the SAFE Act requirement and provides a comprehensive introduction to the principles and practices of mortgage lending. In addition to the required core topics, the course will focus on content areas appearing on the SAFE MLO Test:

  • Uniform state content
  • General mortgage knowledge
  • Mortgage loan origination activities, including loan inquiry and application process requirements, qualification, closing, and financial calculations

The course brings the content to life through a variety of videos and activities allowing students to learn the content, discuss it with an instructor and other students, and apply it to a range of exercises, real-life scenarios, and case studies.