20-Hr NMLS Course
All courses are NOT created equal! Chip Cummings is a NMLS Safe Act Education 28-year industry veteran who combines knowledge, experience and fun!
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8-Hr Continuing Ed
Looking for a convenient solution to meet you CE requirements? NMLS Test Preparation This online LIVE course is for you! SAFE Passage 2010 is an in-depth look at today's market!
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Online Test Prep!
Get ready for the NMLS exams - right online! HUNDREDS of actual NMLS Exam Cram test questions fed to you online. National or State exams... This tool will get you ready - FAST!
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Need To Meet
Your NMLS Safe Act Requirements?


Find out HOW... Start by
clicking on your state below:






 

Upcoming NMLS and Exam Prep Training Dates! Chip Cummings - NMLS #260029

We have several LIVE classroom and LIVE-online Safe Act NMLS-approved training events coming up around the country! Chip Cummings is one of the nation's leading mortgage and training experts...

  • JUST ADDED! California DRE's - DEADLINE & NMLS UPDATE

  • ONLINE! 20-hour NLMS SAFE Act Training - Sept 8-9

  • FLORIDA! National Exam Prep Class - Sept 15

  • CA, WA, TX, OR - 4-hr NATIONAL NMLS Exam Prep - Sept 15

  • MO, KS, IL, TN, MI - Online LIVE Equivalent 20-Hr. NMLS Safe Act Training - Sept 22-23

  • NEW YORK - Online 20-hour NY-specific NMLS Safe Act Training - Sept 8-9

  • Texas, Florida - Online 20-hour NMLS Safe Act Training - Sept 8-9

  • CA STATE NMLS PREP - LIVE 2-Hour NMLS CA Exam Prep - Sept 1

  • Continuing Ed 8-hr NMLS (CE) Class - NC, OH, GA - Sept 23

  • National NMLS Safe Act Exam Prep! - 4-hour online LIVE class - Sept 1

  • FHA Training for Loan Originators & Processors - Sept 13-14

  • NATIONAL EXAM CRAM - Online Test Prep Tool

  • STATE EXAM CRAM - Online Test Prep Tool

CLICK HERE TO LEARN MORE ABOUT CHIP CUMMINGS

Program Outline

 

The Secure and Fair Enforcement Mortgage Licensing Act (SAFE Act) created the NMLS Registry which requires ALL loan originators to register with the NMLS system. This includes all mortgage brokers, mortgage bankers, loan originators employed by banks, credit unions or subsidiaries of banks.

REGISTERED LOAN ORIGINATORS - This classification includes any employee of a national bank or federal depository institution. NMLS requires anyone who originates a residential loan application to acquire a NMLS unique identifier (UI#), and consent to a background (and credit) check.

STATE-LICENSED MORTGAGE LOAN ORIGINATORS (MLO's) - Any mortgage loan originator who is NOT an employee of a federal depository (bank), is required to obtain an NMLS unique identifier number, obtain a minimum of 20-hours of NMLS-approved pre-licensing (PE) education (unless pre-certified by your state), submit to background checks (including a credit check), and pass the NMLS National Exam, and the NMLS State exam.

Deadlines for Safe Act and NMLS compliance vary by state, and you can check your NMLS testing, training and education requirements by clicking on your state above. SafeAct-Training in conjunction with Abacus Mortgage Training provides a wide variety of NMLS-approved classes, both online and live EACH WEEK for your convenience.

In addition, we also provide NMLS Exam Cram online test preparation tools to allow to to "simulate" the test-taking experience before you take the test! We have had THOUSANDS of students use our Exam Cram products, and in our tracking, have found an almost 96% pass rate on the NMLS exams on the first try! Compare this to the national average of 67% pass rate (according to NMLS statistics as of Q2 2010)!

All of our NMLS-approved instructors are EXPERIENCED INDUSTRY EXPERTS! They have the practical experience and industry knowledge to make sure you receive the right education and NMLS tools for success. We're so confident, that...

We Guarantee Your Success!