The Pre-license Mortgage Broker Course?
Q: I'm wondering if anyone knows of a distance class for the pre-license mortgage broker course? The state of Florida, where I am, requires the taking of a 24-hour course before someone can take the exam. What I haven't been able to figure out, despite many e-mails, is whether or not they allow for the course to be taken online or through correspondence. I haven't yet been able to find a distance provider of the course, so I'm beginning to doubt it.
A: You might try contacting a World Marketing Alliance (WMA*) rep near you. They do mortgages, refinancing etc., so they may be able to help you with this. I don't know if distance ed is possible in this area, but there may be weekend classes by the same folks who give insurance and securities courses. Dearborn Financial Institute, Inc, ( http://www.dearborn.com ) is one possible source. I know they do insurance and securitiesm, but unsure about mortgages. You may want to see if self-study is allowed. In Michigan, we have a one-day class and a license (c. $800-$1,100) is required. In most states, AFAIK, the class is it.