The NMLS-approved national mortgage license training courses in OnCourse Learningare taught by experienced and caring professionals. The course includes online lessons with instructor support, Interactive quizzes and practice exams, Helpful support and hassle-free filing of your NMLS credit, 24/7 course access.
The OnCourse Learning have various packages for you depending on the state you choose and other requirements. Please visit the website for further details.
Mortgage Educators and Compliance is an approved education provider with NMLS since 2009. MEC passes thousands of students each year through the 20-hour education course and the national exam. MEC delivers updated and relevant content but has instructors that are currently in the mortgage industry to help you become the mortgage professional you want to be. The test prep course helps you pass the national exam on the first try.
Pay: Mortgage brokers do not get a salary. They work on a commission basis. According to a recent survey, on a $300,000 mortgage, they’d make roughly $6,750 in revenue.
According to a survey done by PayScale, the average pay for a Mortgage Broker is $59,322 per year.
The mortgage brokers operate independently. They can either get paid by the lender or the borrower but not both.
The best way to work as a Mortgage Broker is to start your own business and make money for yourself.
You can also join mortgage lender companies such as:
and many more. You can also search for local jobs in Job Portals.