Monday, March 22, 2010

Testing Centers Filling Up FAST

Testing Centers are starting to fill up seats across the country . . . fast. With nearly every loan originator in the country needing to be licensed over the course of 2010, there are only so many spots left in testing centers. While hundreds of suggestions have been made by various Departments of Real Estate and other departments alike to the NMLS to expand the number of available seats in testing centers, those suggestions have fallen on deaf ears and the results are starting to float to the surface. In the State of Utah alone, students and experienced loan originators alike are being asked to wait 45 days before they can take an NLMS approved exam due to packed testing centers. What is more alarming than anything is the fact that we are in well . . . March. What happens to the majority of the market that will be scrambling to take their exams toward the end of the year? Worst yet, if you do not pass your exam and have to wait 30 days . . . you may have be out of work while you're waiting to retest.

The only reaction that we can have in this scenario is one that is born out of proaction. Don't wait to take your test. We would recommend signing up for one of our live test prep courses so that you can pass the first time. If you are interested please visit the Praedo Institute website at http://www.praedo.com/mortgage

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