Failing wait times and deadlines are brewing to be a perfect storm for many mortgage brokers this year. Testing Centers are filling up around the country. As the wait times get pushed back further and further to get a seat, it is only a matter of time before available times are past state-mandated deadlines. The testing centers can't do anything, it is out of the jurisdiction of state agencies, and NMLS simply doesn't care.
The other part of the perfect storm is the failing wait time. If you fail one of the exams, you have to wait 30 days in order to take it again. However, if you fail a test 4 times, you have to wait six months. Federal bureaucracy at it's finest.
So don't wait and register for your tests today. As always, online and live SAFE prep is available through the Praedo Institute.
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