Becoming a mortgage loan originator (MLO)—sometimes called a mortgage loan officer—enables you to help clients find the right mortgage and then assist them in completing the application process for their loan. While mortgage loan originators do not need a specific degree to become eligible for the position, they usually have training in finance and business, as well as working experience in mortgage companies or banks. But regardless of training or experience, anyone who wants to become a mortgage loan originator needs to take an MLO course at an accredited real estate education institution.
If you’re interested in becoming a mortgage loan originator or officer, you should read the following guide to MLO online courses. By doing so, you’ll familiarize yourself with the entire process of earning your credentials—from finding the right school and learning the tricks of the trade to leveraging your real estate career in the 21st century.
How to find MLO online courses
- Search online
Rather than looking for real estate schools in your local area, consider searching on the web first. In this day and age, attending MLO online courses is as simple as opening your laptop and connecting to a WiFi network. This means that from the comfort of your home, you can enroll in an MLO online course, learn everything you need to know to begin your career as a mortgage loan originator or officer, and then start working in the field.
- Read testimonials
As you search online, be sure to read client testimonials to see what type of experiences recent students have had in educational institutions. When doing so, pay close attention to what they have to say about every single aspect of the program—from speaking with customer service representatives and enrolling in courses, to completing coursework, meeting with instructors, and then transitioning into the field. Doing so will give you a full perspective on what you can expect from the school.
- Research schools
The institute of real estate education that you choose from your MLO online course needs to be the top school available to you. This means that they should have the best resources, the most qualified professors, and proven results. As you research schools, don’t hesitate to contact their admissions office and ask questions about the credentials of their professors, the versatility of their resources, and, most importantly, the success rates of their students.
- Ask friends & colleagues
Of course, another way to find MLO online courses is through your own social network. What do your friends, family members, and colleagues—especially those working in business, finance, banking, or real estate—have to say about schools in the state? Ask them about their experiences and keep their advice in mind before settling on just any school available.
- Schedule appointments
Once you’re narrowed down your options to just a few schools, make appointments with their admissions teams to get a feel of how their MLO online course runs. If possible, choose a program that follows a “reverse classroom” approach, so that you can spend your time learning the information on your own, reserving class meetings for talking directly with the instructor to get your questions answered.
- Look for results
When searching online, talking with real estate professionals, and scheduling appointments with prospective schools, make sure that they can prove to you that they have results. The best schools in Utah offer their students with guarantees on passing tests and earning their certification—and this is exactly what you need to know when entering an MLO online course yourself.
Why take MLO online courses
- Help people find their home
There’s nothing more gratifying than helping people achieve their goals and realize their dreams. Working as a mortgage loan officer allows you to do just that—just as people are ready to make that leap to buy the home they’ve always wanted. When you become a mortgage loan officer, you will work day in and day out assisting these people get exactly what they want out of life.
- Advance in your career
If you’ve already been working in real estate and you want to professionally develop yourself to make the next step up the ladder, then taking an MLO online course is one of the fastest and easiest ways to do so. What’s more, the best real estate schools will also offer entire continuing education (CE) programs, so that you can take other courses after your MLO online course to even further develop your skills.
Enroll in an MLO online course today
Your new career as a mortgage loan originator is waiting for you—all you have to do is enroll in an MLO online course and begin a real estate training program accredited by the state of Utah. Once you’ve found the school that provides you with the training you need, you can begin helping people achieve their dreams.