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NMLS-Approved 20-Hour Pre-License Education
NMLS-Approved 20-Hour Pre-License Education
at Real Estate Institute
Chicago Catalog
Get Licensed As a Loan Officer! Whether you’re new to the mortgage industry or an experienced professional returning to the business, you’ll find our courses timely, helpful, and interesting! All classes are led by active lending professionals and expert instructors who know the industry inside and out. We understand what you need to be successful at exam time and flourish in the business long-term.
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Example Career
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.
Showing wage data for: Chicago, IL
Entry
Median
High
Salary
Hourly Wage
$35,800
$77,950
$162,530
$17.21
$37.48
$78.14
Admissions
Notes:
- All state-licensed loan originators must satisfy a minimum 20-hour NMLS-Approved Pre-license Education requirement to become licensed under the Nationwide Mortgage Licensing System.
- Some states also have state-specific education requirements that must be met. This course does not include state-specific content. See the NMLS State-Specific Education Requirements Chart for details.
- The required comprehensive course materials are included in the course tuition.
- Federal law requires you to pass the SAFE National Test to become licensed. See the NMLS SAFE National Test Outline for details on potential test topics. PREP-to-PASS is a proven program that has helped thousands of loan originators pass their exams. Take advantage of the discount pre-license and test prep package!