Question:

How to enroll in a mortgage broker school in my state?

Answer:

Locate your school online. A mortgage broker school will be easy to locate via internet. Call them toll-free and inquire about the state exam, course fees, books and schedule.

The mortgage broker school will provide you with everything needed to pass the exam. Most require that state exam application is submitted prior to enrolling in the class. A passing grade on the mortgage broker state exam usually will be 75%.

Mortgage broker schools will help you to get licensed as one of the following

  • Mortgage broker
  • Mortgage broker (business)
  • Mortgage lender
  • Correspondent mortgage lender

Fees, license term and requirements will vary accordingly. Notice the net worth requirements for each. A mortgage broker license can only allow you to work as a sales rep for a mortgage broker business, or lender.

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Common misspellings: mortage and morgage