Here’s The Diehl… Starting June 6, 2022, the NMLS is requiring that all NMLS-Approved webinars (Pre-Licensing & Continuing Education) have students keep their webcams on for the duration of the webinar. NMLS Requirement: 3.7.2.2 Student: • Students must have an acceptable internet connection and be visible on camera from at least the shoulders up for […]
What comes to mind? In the words or Roseanne Roseannedanna: “It’s always something. If it’s not one thing, it’s another”.
With Russia invading Ukraine, the topic of cyber-attacks and cybercrime is in the world spotlight again.
When Are We Going To Stop Saying “It’s Been A Crazy of Years”!! Read More »
Education Update On January 18, 2022, the CSBS announced that 44 state regulators led by the California DFPI reached settlements with 441 mortgage loan originators. Those fines totaled $1.2 million. What was alleged? An NMLS-approved education provider in California was accused of providing false course certificates of completion and taking courses on behalf of those
So you want to become a mortgage loan officer. One of the most important aspects of becoming an MLO is passing the NMLS test. However, for many, that is easier said than done. The Nationwide Multistate Licensing System & Registry (NMLS) most recently reported NMLS test pass rates, only 58% of individuals pass on the
NMLS Test Difficulty & Pass Rates Read More »
Overcoming Appraisal Issues, Desktop Appraisals In March, And Need Floor Plans? Interview with Evaluation Zone AMC CEO, Luke Tomaszewski by Scott Weghorst, President of Diehl. Scott: Luke your background includes appraising, running a national AMC, and developing new tech for the appraisal industry. As lenders, especially in today’s market, quality mortgage valuations are so important.
Overcoming Appraisal Issures, Desktop Appraisals in March, and Need Floor Plans? Read More »
What are the NMLS credit report requirements for MLOs? Learn about the standards you need to know in this helpful guide.
NMLS Credit Report Standard & Requirements Read More »
How to Get an NMLS Number The Nationwide Mortgage Licensing System and Registry (NMLS) appoints unique identification numbers to track professionals and companies in the mortgage industry. It’s also a valuable tool for consumers in the United States. But, how do you get an NMLS number? In this guide, we’ll teach you how to get
How to Get an NMLS Number (Step-by-Step) Read More »
How to Get Your MLO License in Multiple States If you’re a mortgage loan officer (MLO) who’s considering increasing your opportunities with an additional state-specific license, you’ve come to the right place. If you’re looking to grow your business, getting licenses in more states is a great way to do that. In this guide, we’ll
MLO License in Multiple States (How-To Guide) Read More »
Considering becoming a mortgage loan officer as a potential career path? Becoming a mortgage loan officer, also often referred to as MLO in the industry, can be a lucrative career choice with plenty of room for growth. Like any career, the goals, personal strengths, and skill set of a mortgage loan officer can be pretty
How to Become a Mortgage Loan Originator Read More »
When considering any career field, it’s understandable that one of your primary concerns would be salary and how lucrative a position is. Becoming a mortgage loan officer—also commonly referred to as a mortgage loan originator—can be an excellent career opportunity for a high-paying salary, especially if you plan to stick with it. How much do
How Much Do Loan Officers & Originators Make? Read More »
Mortgage Loan Originators are in a unique position. The real estate market is holding a steady pace, which means more and more homebuyers are looking for financing. However, this also means competition’s hot between mortgage lenders and loan officers. To get your piece of the pie, it’s important to know how to grow your business
7 Ways to Grow Your Business Read More »
WHAT IS AN MLO? A Mortgage Loan Originator (MLO) plays a vital role in the process of buying a home. They explain loan options and the loan process and are usually the primary contact when a borrower plans to complete a mortgage transaction. An MLO’s job is to educate and guide borrowers through the process
Here at Diehl, we like to consider ourselves experts on the NMLS Exam. After thousands of customers that have passed the NMLS Test, we have created a list of TEN of the best tips to help you pass the first time! 1. Take a great course Taking a course held by an expert instructor helps to hold you accountable for studying. This is also
10 Best Tips to Pass the NMLS Exam Read More »
MLO temporary authority to operate enables mortgage loan originators to continue to do their job while completing state licensing requirements. This makes it easier for mortgage loan originators to complete continuing education requirements, transition between states or from a federal to a state system. Here, we’ll discuss the SAFE Mortgage Licensing Act of 2008, what
MLO Temporary Authority to Operate Read More »
Becoming a loan officer can be a lucrative and rewarding career path. Not only is it a potentially high-paying option, but it’s accessible to individuals who do not have a bachelor’s degree. What’s more, mortgage brokers and lenders typically offer competitive benefits packages that include healthcare coverage, vacation time, and other attractive benefits. In this
6 Loan Officer Benefits Read More »
Mortgage loan originators (MLO), also known as mortgage loan officers, help home buyers or refinancers choose a loan by providing them with key information during the decision-making process and collecting and verifying necessary financial documentation. But, in a busy housing market, it’s common for MLOs to face a lot of competition. If you’re an MLO,
4 Marketing Ideas & Strategies for Loan Originators Read More »