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Mortgage HQ Subscription Package

SKU 4306US00900A00

Format: Package

Category: Professional Development

$99.00
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Mortgage HQ is the all-in-one resource MLOs can trust. Whether you’re a beginner or an experienced MLO, this annual subscription can help you achieve the career success you desire. Get access to our one-stop shop for mortgage industry news and trends, knowledge center of frequently asked on-the-job questions, and daily career tips and advice. You’ll also get access to an extensive library of 100+ career development training courses.

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Title Insurance

SKU 4306US00610A00

Format: Online Self-Paced

Category: Professional Development

$39.00
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This course concentrates on one of the basic concepts related to the mortgage loan cycle: title insurance. This professional development online course will provide students with an overview of reasons for title insurance, types of title insurance, and key elements of title. It also discusses the steps in the title process and some important details of the closing and post-closing process.

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National Mortgage License Guidelines

Virgin Islands Mortgage License Requirements

Learn about the Virgin Islands mortgage eduation requirements for mortgage licensing.

In Virgin Islands, mortgage loan originators are required to:

    1. Complete a Criminal Background Check (CBC).
    2. Authorize a credit report through the NMLS that demonstrates financial responsibility.
    3. Fulfill all state and federal education requirements as designated by Virgin Islands.
    4. Take and pass a National Test.
    5. Proof of Corporate Registration.

Virgin Islands NMLS Pre-Licensing Education Requirements:

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending training
  • 12 hours of electives

Virgin Islands Continuing Education Requirements:

State-licensed MLOs are required to complete 8 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

  • 3 hours of federal law
  • 2 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 1 hour of electives

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.

Virgin Islands Mortgage Licensing:

NMLS Resources: