Sellens Real Estate Lending
Professional Real Estate Lending since 1991
California Mortgage Loan Originator NMLS SAFE Act Test Preparation Course
Please read below for how to purchase the comprehensive Textbook alone, or the entire California test preparation On-Line Course, including the Textbook. The On-Line Course is offered by Mortgage Trainers of North America, and written by Judith Evicci-Sellens.
You can't pass this test without preparation. The licensing regulations won't just "go away."
The new laws require that all California Department of Real Estate MLO applications, fingerprints, fees, and corresponding paperwork, have to be sent to NMLS prior to Sept. 15, 2010.
As the licensing application date draws near, it will be harder to reach the NMLS with your questions and site navigation issues.
Also, seats for SAFE Act testing will become harder to obtain. A failed test requires you wait an additional 30 days prior to retaking the test. After 4 tries, you have to wait a year to retake the test. Meanwhile your business is out the window.
Click here for an Outline of the Study Guide.
Use the following links to purchase the textbook study guide alone, for $54.00.
you can use PayPal:
Mortgage Trainers of North America
Please visit the above site for information about the comprehensive
NMLS SAFE Act course. The full course has the complete textbook audio and practice
questions, as well as the textbook. Follow along with the
slides, while the textbook is read to you.
The SAFE Act is a part of the Housing and Economic Recovery Act
of 2008, also known as Public Law 110-289 or HERA.
Title V of P.L. 110-289, the Secure and Fair Enforcement for
Mortgage Licensing Act of 2008 (“SAFE Act”), was passed on July 30,
2008. For California, SAFE Act Licensing came into effect via Senate
Bill 36, in October 11, 2009.
With the passage of the bill, California is one of the last two
states during 2009 to adopt legislation implementing the SAFE Act.
NMLS
Visit this site for all the Licensing Information.
The above link is the Nationwide Mortgage Licensing System website
NMLS
that provides information and the licensing portal for both the
National and California State SAFE Act Tests.
All MLOs take 2 tests to continue originating Loans
Study Proctor at the NMLS test site
Other Links:
