New Mortgage Loan Originator
Hi all,
looking to become an MLO done with the 20 hour pre licensing course and need tips for exam. And also after getting the license how to select a brokerage to hang the license and what questions do I need to ask the broker.
How will be the commission structures will be for a new MLO ?
Most Popular Reply
Does your course provider give you or will they sell you a test bank of questions? I advise my new MLOs that are taking the test to get a test bank of questions and do them over and over and over again until you've basically memorized them. When you get into the exam, the questions might be worded differently, but you'll be surprised how often you'll know what they want from you. Oh, this is testing me on this topic and they want the same answer that I saw on a differently worded question on the practice exam". It will add several points to your score. That's the best way to do it. Good luck on the exam. Log back in and tell me if you found value in it after you pass.