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Old 12-12-2011, 06:52 PM
 
Location: AK, CA, FL, WA, AUS
6,788 posts, read 5,284,345 times
Reputation: 4035

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Hi everyone,

I recently got hired at a mortgage broker as a loan processor. However, my manager wants me to get my license to become a mortgage loan officer.

The other loan officers in the office received their licenses years ago before the education requirements, so their memory is a bit hazy.

Does anyone know the steps I need to take in order to get my license to sell loans?

Do I have to first get a real estate sales person license before I can start the process to get a mortgage loan originator license?

Thanks =]
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Old 12-12-2011, 06:59 PM
 
Location: The High Seas
5,763 posts, read 7,298,542 times
Reputation: 6772
This kind of info is usually on the CA gov website. I would think the library would have those ARCO books (did I get that right?) that explain state test requirements, etc...
Also, post on the Work & Employment section of C-D. Someone there may know.
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Old 12-13-2011, 12:42 AM
 
Location: North County San Diego, Ca
94 posts, read 79,389 times
Reputation: 69
As "Snort" mentioned, your best bet to start with is to go to the "California DRE" website and read up on the requirements. Then check "Duane Gomer" online for courses required in order to obtain your mortgage broker license.
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Old 12-13-2011, 01:25 AM
 
Location: AK, CA, FL, WA, AUS
6,788 posts, read 5,284,345 times
Reputation: 4035
Thanks for the replies. I ended up calling Kaplan and asking them. First I have to take Real Estate Principles, Real Estate Practice, and an Elective Real Estate Class. Then I need to take the Real Estate Salesperson Exam. Once I got that license, I need to take 20 hours of education in order to take the exam for the Mortgage Originator License.
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