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Updated almost 9 years ago on . Most recent reply

User Stats

53
Posts
6
Votes
Demjan Van Der Kach
  • Investor
  • Phoenix, AZ
6
Votes |
53
Posts

Mortgage loan originator license / exam prep course

Demjan Van Der Kach
  • Investor
  • Phoenix, AZ
Posted

I wonder if it is worth investing time to get the license or at least to take the exam prep course (20 hrs, $400) if you are planning to "become a private bank" and invest in debt.

I also see the loan processing course is offered locally for $250.

It seems to be a good opportunity to network and better understand the industry.

Well... please share your experience and if it is worth time/money.

On the other hand it would probably be unethical to write personal mortgages/loans being licensed mortgage originator....

Thank you. 

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