TrainingPro is an NMLS Approved Education Provider! NMLS-Approved 20 Hour Pre Education Classes Now Underway!
TrainingPro, the national leader in mortgage education, is proud to announce its approval as a mortgage education course provider through the Nationwide Mortgage Licensing System & Registry (NMLS). TrainingPro is now authorized to provide NMLS education, which are programs that satisfy federally mandated mortgage pre-licensing and mortgage continuing education requirements for loan originators. The NMLS education requirement is outlined in the 2008 Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act). TrainingPro’s NMLS Provider ID is 1400013.
TrainingPro successfully met the criteria for NMLS education provider approval, which included course quality and rigor, student satisfaction, instructor qualifications, evidence for satisfactory course completion, and legal/business integrity.
As an approved NMLS mortgage education provider, TrainingPro will become a solutions provider for the education roll out of the federal S.A.F.E. Act. The S.A.F.E .Mortgage Licensing Act establishes minimum standards for mortgage pre-licensing and mortgage continuing education, among other licensing requirements. A 20-hour pre-licensing and an 8-hour annual continuing education requirement are the minimums now set for every state.
TrainingPro has received NMLS course approval for its 20-hour pre-licensing programs, which include:
- 20 Hour Achieving Mortgage Excellence SAFE Comprehensive and 20 Hour Applying Mortgage Knowledge to Exam Preparation SAFE Comprehensive
- Now available in all three formats allowed by the NMLS
- Live Classroom
- Classroom Equivalent (webinar)
- Online Instructor Led
The NMLS education requirement for annual continuing education is at least eight hours of training by an NMLS approved education provider. Continuing education courses will be accepted through the NMLS beginning fourth quarter of 2009.