Wednesday, May 12, 2010

California Mortgage Manuals Coming Soon!

We have had many of our California students ask about state-specific test prep for California and we have heard your cries. We will have California state prep available this Friday for all of you distressed California loan officers who are looking to pass the test.

Many have also asked why wasn't there any California test prep in the 20-hour SAFE course? Now that loan originator education is federally policed by the NMLS, states had to choose how they want their loan officers licensed. For many states, such as California, it was a lot easier to simply require the standard 20-hour package that NMLS had approved rather than require state specific education and the 20-hour package. For this reason you are seeing a number of state-specific questions on the test that was not explained in the education.

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