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Mortgage News Daily combines the expertise of some of the housing industry's leading minds with the power of social media to offer an always lively, constantly evolving web community. MND communicates breaking news, streams video, and provides expert opinion and commentary to a community of interested market professionals and curious consumers.Become A Mortgage Broker In Alaska
Mortgage
Regulation in the State of Alaska is administered by the Department of Banking Securities,
which enforces the Alaska Mortgage Lending Regulation Act.
All Alaska mortgage licenses are handled through the National Mortgage Licensing System.
Prelicensing requirements include approved courses that are 20 or more hours and contain 3
hours of Federal Law, 3 hours of Ethics, 2 hours of Non-traditional Mortgage Lending
plus 12 or more hours of electives. A passing score on the national exam as well as
criminal background check is required. Brokers must carry a surety bond
in the amount of $25,000. A minimum of eight hours per year of continuing
education is required per year, per the SAFE act.
The licensing fee for NMLS for Loan
Originators is $969. The registration fee for a broker
is $20. Click on the links in the preceding sentences for more details about each license.
Once licensing is complete, eight hours of continuing education will be required.
Before November 5, 2010, the state portion of the test will be administered through Pearson Vue. After November 5, 2010, the state
portion of the test will be administered through the NMLS.
Those with a Mortgage Broker career doing business in Alaska do have an affiliate
association with the National Association of Mortgage
Brokers . However, the Alaska group does not maintain a separate web site. The NAMB is
an important resource to have as you become a Mortgage Broker in Alaska.
Alaska Mortgage Forms
|
Alaska Reciprocity States
|
- Most Mortgage forms can be obtained online. Ones listed below pertain to new
salespersons and brokers.
- Alaska
Mortgage Licensing FAQs
- Surety
Bond Form
|
None
(as of 2/23/2010)
|
Alaska Approved Mortgage Schools Prelicensing and Postlicensing
Education
|
Community Colleges
N/A
|
Private Schools
Abacus Mortgage Training
McKissock.com
TheMortgageTrainingCenter.com
Training Pro
|
Last Update: 2/22/2010
This list may not include all approved schools. Please visit the Alaska Mortgage
Licensing website for the latest list of approved schools. |
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This email was sent to you by:
|
Mortgage News Daily
|
 |
Anonymous Anonymous |
|
Message:
YOUR MESSAGE HERE
Become A Mortgage Broker In Alaska
Mortgage
Regulation in the State of Alaska is administered by the Department of Banking Securities,
which enforces the Alaska Mortgage Lending Regulation Act.
All Alaska mortgage licenses are handled through the National Mortgage Licensing System.
Prelicensing requirements include approved courses that are 20 or more hours and contain 3
hours of Federal Law, 3 hours of Ethics, 2 hours of Non-traditional Mortgage Lending
plus 12 or more hours of electives. A passing score on the national exam as well as
criminal background check is required. Brokers must carry a surety bond
in the amount of $25,000. A minimum of eight hours per year of continuing
education is required per year, per the SAFE act.
The licensing fee for NMLS for Loan
Originators is $969. The registration fee for a broker
is $20. Click on the links in the preceding sentences for more details about each license.
Once licensing is complete, eight hours of continuing education will be required.
Before November 5, 2010, the state portion of the test will be administered through Pearson Vue. After November 5, 2010, the state
portion of the test will be administered through the NMLS.
Those with a Mortgage Broker career doing business in Alaska do have an affiliate
association with the National Association of Mortgage
Brokers . However, the Alaska group does not maintain a separate web site. The NAMB is
an important resource to have as you become a Mortgage Broker in Alaska.
Alaska Mortgage Forms
|
Alaska Reciprocity States
|
- Most Mortgage forms can be obtained online. Ones listed below pertain to new
salespersons and brokers.
- Alaska
Mortgage Licensing FAQs
- Surety
Bond Form
|
None
(as of 2/23/2010)
|
Alaska Approved Mortgage Schools Prelicensing and Postlicensing
Education
|
Community Colleges
N/A
|
Private Schools
Abacus Mortgage Training
McKissock.com
TheMortgageTrainingCenter.com
Training Pro
|
Last Update: 2/22/2010
This list may not include all approved schools. Please visit the Alaska Mortgage
Licensing website for the latest list of approved schools. |
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.