Question:

Are there mortgage broker continuing education requirements?

Answer:

Many states do have mortgage broker continuing education requirements for extending and renewing license.

Many times mortgage brokers are required to attend courses on annual basis to be eligible for license renewal. Ethics is a course required from all mortgage brokers in an early stage of their education and practice. Sometimes mortgage brokers are required to teach a continuing education course.

What should I do if my mortgage broker license is inactive?

You still need to attend a mortgage broker continuing education course to renew your license.

Mortgage Brokerage Businesses and Lender license renewal also demands attending a mortgage broker continuing education course. However, Mortgage Brokerage Businesses are usually not responsible to provide mortgage broker continuing education to their associates as they are responsible for their own mortgage broker license renewal.

Recommended helpful present and future homeowners links:
Why: Refinance to a fixed rate loan while mortgage rates are still low.
Link:
Why: Because FHA loans are insured by the US Federal Government they have very competitive interest rates and are easier to qualify.
Link:
Why: Know and protect your credit report and score.
Link: See All 3 National Credit Scores & 3 Reports Instantly, Online & Free
Link this QnA Print del.icio.us Digg
Was this Mortgage QnA helpful?
Not at all
  • Currently 3/5 Stars
  • 1
  • 2
  • 3
  • 4
  • 5
 Definitely
Add to this Answer

Mortgage QnA is not a common forum. We have special rules:

  • Post no questions here. To ask a question, click the Ask a Question link
  • We will not publish answers that include any form of advertising
  • Add your answer only if it will contrubute to the quality of this Mortgage QnA and help future readers
If you have trouble reading the code, click on the code itself to generate a new random code. Verification Code Above:
Bookmark and share this QnA:

Common misspellings: mortage and morgage