Are You a Bank MLO?
If you have worked in the industry, then you’ve had exposure to the federal regs that govern mortgage. RESPA, TILA, ECOA, Identity Theft and the rest of them are familiar topics. Use what you know and add to it. Make sure that you know all of the details like what is the reg letter? (i.e., RESPA is Reg X) What does the rule cover? (lenders but also loan types) What’s exempt? What does the rule says is required? And what is prohibited?
The challenge is how you can find the time when you are fully engaged with what you’re doing right now. With the Prep2Pass™ app you can use the flashcards to make sure that you know the information at a high-level as well as the details behind the basics. You can also use the pools of questions to test your knowledge on all the information that you have studied so far. Finally, you can use the simulated exams to simulate the test day close by giving you 125 questions that are timed and even get the mark for review feature that can help you on test day. Have a question? Just hit the ask the instructor within the app in our experts will respond in 24 to 48 business hours.
After you get licensed, you can come back to the app for resources that can help you map out growth strategies for your business, technical product training that can give you an edge and more resources.