RETC Training has been the Leader in Real Estate & Mortgage Training in the New York Area since 1989. The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE ACT) requires that Mortgage Loan Originators (MLOs) complete 20 Hours of Pre-Licensure Education.


RETC Mortgage Training.com
NMLS Education Provider # 1400394
11 Hour Continuing Education - NLMS #2408 & 2424
Includes 3 Hour NYS Component and 8 Hour National

NMLS Approved MLO & CE Courses Available - Click Here

 
 
" Finally, a program that informs people about the correct way to perform in the Mortgage Industry."
~ Don Henig - Past President National Association of Mortgage Brokers
 
 
 
 


NYS MLO EDUCATION REQUIREMENTS

All applicants on or after 7/11/09 must complete 20 hours of NMLS approved pre-licensure education, including 3 hours of NY specific, by 5/31/2010.
Anyone who filed an application prior to 7/11/09 that has not been approved, withdrawn or denied must have completed 20 hours of NMLS approved pre-licensure education by 5/31/2010.
Existing licensees approved as of 7/11/09 must have completed 20 hours of NMLS approved pre-licensure education by 8/31/2010.
NY intends to participate in the NMLS pre-licensure education certification process. New York State approved courses taken after 11/30/2009 will not be accepted for certification as part of the NMLS pre-licensure education process.

SAFE MLO TEST
All MLO applicants who filed an application after 7/11/09 must pass the National and State Components of the SAFE MLO Test by 5/31/2010.
Anyone who filed an application prior to 7/11/2009 that has not been approved, withdrawn or denied must pass the National and State Components of the SAFE MLO Test by 5/31/2010.
Existing licensees approved as of 7/11/2009 must pass the National and State Components of the SAFE MLO Test by 8/31/2010.

CRIMINAL BACKGROUND CHECK
All applicants who filed an application after 7/11/2009 must submit fingerprints through NMLS for a criminal background check by 5/31/2010.
Existing licensees must submit fingerprints through the NMLS for a criminal background check by 8/31/2010.

CREDIT REPORT
All licensees must authorize a credit report through NMLS by 8/31/2010.

NYS MLO CONTINUING EDUCATION REQUIREMENTS
Further information will be updated as received.

 
 
 
 
 
 
 



 
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