Alaska loan officer license

Your specific circumstances may require a different process as well. Please always verify requirements with the appropriate agencies. You must complete 20 hours of education either online or in person :.

To view your state specific packages and hours breakdown, visit learnmortgage. Step 4. There is no requirement for previous education and once hired, loan officers usually receive some on-the-job training. This may be a combination of formal, company-sponsored training and informal training during the first few months on the job. Most Loan Officers come from a background of sales, customer services and enjoy working with others.

This includes:. This program is exempt from authorization under AS 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.

We use cookies to create a better experience. By continuing to use our site, you consent to the use of cookies outlined in our Privacy Policy. Skip to main content. Mortgage Educators provides these courses in all three available formats. We find that the majority of new loan officers elect for the flexible Online Instructor-Led OIL format, which consists of pre-recorded video lectures supported by slideshow presentations, and quizzes that ensure content retention.

As you complete your mortgage education, we will report all completed hours of education to the NMLS. Mortgage broker licenses are commonly confused with the more common loan officer license. Generally speaking, a mortgage broker is a company that employs mortgage loan officers. The loan officers are employed by the broker to originate loans for home-buyers when they are looking for a loan for their mortgage. PE Expiration is a policy that was created by the NMLS Policy Committee that addresses situations in which an individual is required to retake 20 hours of pre-licensure education if they fail to acquire a valid mortgage license within three years from the last date of licensure as a mortgage loan originator.

Alaska is currently pending enactment but will roll out soon. Mortgage Educators and Compliance is here to answer any additional questions that you may have in regards to your Alaska mortgage license.

For additional questions, feel free to call us at or email us at 20hour MortgageEducators.