Mortgage and Loan Education

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Mortgage Banking Schools

Written by Dana Hinders
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Mortgage banking schools offer training for loan officers, loan processors, loan underwriters, and mortgage brokers. Some mortgage banking schools also provide continuing education courses to fulfill state licensing requirements. If you are enrolling in a mortgage banking school to become a licensed mortgage broker or loan officer, it is your responsibility to choose a program that is accepted by your state's regulatory agency.

Instructors for mortgage banking schools should have several years of industry experience and demonstrate a commitment to professional development. Many instructors hold advanced degrees or professional certifications. Some instructors have published articles related to their area of expertise. Any reputable mortgage banking school should be willing to provide you with a description of your instructor's professional credentials.

Depending upon the school you choose, you could complete a mortgage banking program in as little as two weeks. There are programs that provide live instruction with classes being offered during both evening and weekend hours. If you are unable to travel, you can choose to complete your coursework through web-based distance learning. You should consider your other scheduling commitments as well as your personal learning style when deciding which method of instruction is most appropriate for your needs.

Factors to Consider When Selecting a Mortgage Banking School

A mortgage banking school should provide personalized service to its students. Instructors should be accessible and willing to answer any questions that you may have. Some mortgage banking schools offer financing options for their students. Others also provide job placement assistance for graduates of their programs. Speaking to previous graduates should help you determine the effectiveness of the mortgage banking school you are considering.


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