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Pre-licensing Education Blended

Premier 20 Hour Virgin Islands Pre-Licensing Package (7-Day OIL)

About this Package

This is the optimal package for Virgin Islands students who prefer a self-study format to prepare for the National Mortgage Loan Originator Test. This package includes Prep xL, our best-in-class exam preparation tool, designed to reinforce the concepts learned in your courses. It also includes all content required by the territory of the Virgin Islands to become a licensed Mortgage Loan Originator.

$419.00
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SKU 4301VI00050P07

  • 20 hours of NMLS-approved pre-licensing training
  • Access to Prep xL with 1800+ questions, 11 simulated practice exams, 800+ interactive flashcards
  • Course ebook
  • Certificate of completion

What's Included

What You'll Learn

    This SAFE mortgage course consists of five modules that align with the mortgage loan originator test:
  • Federal Mortgage-Related Laws, including RESPA, ECOA, TILA, The SAFE Act
  • General Mortgage Knowledge including, mortgage programs, mortgage loan products, terms used in the mortgage market
  • Mortgage Loan Origination Activities covering application and requirements, qualification (processing and underwriting), appraisals, title reports, specific program guidelines, closing, financial calculations
  • Ethics as it pertains to federal mortgage laws, appraisal practices, fraud, and ethical behavior
  • Uniform State Content, including the federal SAFE Act and minimum licensing standards, required and prohibited conduct, and model state language for state-specific licensing regulations

State Requirements

FAQs

Have a question?Check out our Frequently Asked Questions

NMLS APPROVED ID 1054