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Mortgage Loan Officer Licensing Course (20 Hours)
Mortgage Loan Officer Licensing Course (20 Hours)
at Michigan Institute of Real Estate
Detroit Catalog
To become a mortgage loan originator, you are required to complete a 20 hour Mortgage course before taking the exam. This license is required for any individual who for compensation or gain, or in the expectation of compensation or gain, takes a residential mortgage loan application, or negotiates terms of a residential mortgage loan, and who is not an employee of a depository financial institution or a subsidiary or a depository financial institution.
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Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
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$34,920
$65,740
$138,580
$16.79
$31.6
$66.63