If you want to become a successful mortgage loan originator, you need to get your MLO license from ACL School of Real Estate. Why? Because we offer the best training, support and resources to help you pass the exam and launch your career. We have experienced instructors who will teach you everything you need to know about the mortgage industry, from regulations and ethics to loan products and unde
To become a Mortgage Loan Originator (MLO) in New Jersey, you must complete 20 hours of NMLS approved pre-licensure education, including 4 hours of New Jersey specific education. You must also pass both the National and State components of the SAFE Test and submit fingerprints for the completion of a criminal history background check by the FBI. You must also complete a State criminal history background check through the processes established in New Jersey for a New Jersey State Police check.
To pass the National SAFE Act Exam with Uniform State Content, you will need to score a 75% or higher.
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In New Jersey you must be at least 18 years of age to obtain a real estate license. You must also possess a high school diploma or equivalent.
You must complete 75 hours of a state approved pre-license real estate education courses.The NJ real estate salesperson course will prepare you for the class exam as well as the State Exam, its an affordable class that is comprehensive and covers all subjects that are covered on the exams, including contracts, appraisals, landlord-tenant and fair housing issues. We use the most updated editions to teach.
After passing your required 75 hour pre-licensing education courses exam, you must register and pass the state exam with a minium a score of 70% within one calendar year of course completion date.
Before you apply to become a licensed real estate agent, you need to be sponsored by a broker and Must have a background check (fingerprints taken). You can then submit your final application to the state licensing board.
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More about Advanced Creative Learning School of Real Estate:
Founder and Director Andrew Lesce has nearly 17 years of experience in the real estate industry, multiple credentials and qualifications across the country. Andrew is a licensed real estate agent in NJ and FL, state licensed instructor and licensed life insurance agent in NY and NJ, as well as a licensed Mortgage Loan Originator in 24 states. He brings an engaging style to his passion of sharing and teaching others what he has learned, with real life stories, humor and personality and is second to none (seriously, read reviews from students and colleagues). He opened Advanced Creative Learning (ACL) School of Real Estate to not only impart technical knowledge of the rules and regulations, but to expose students to real-world applications and examples with a focus on moral and ethical conduct. Guest speakers from the industry will also contribute to your understanding of the entire process. Andrew’s goal is preparing each student to pass the tests with a thorough understanding of the material (not merely memorizing it) and will also provide true working knowledge by showing how to qualify buyers, how to write and understand contracts and review the Multiple Listing Service. Fostering standards of excellence and integrity, Andrew and Advanced Creative Learning School of Real Estate are focused on providing students with a foundation to accomplish their personal and professional goals as qualified real estate professionals