Choosing an NMLS Mortgage License Education Course Provider | Education

Every Mortgage Loan Originator licensed in the United States must complete Pre-License Education in order to obtain a license and Continuing Education each year in order to renew the license. There is a federal mandate that each state require at least 20 hours of Pre-License Education and at least 8 hours of Continuing Education each year after the license is approved. And many states have decided to require additional “state-specific” Pre-License and Continuing Education on top of the federal mandated minimum requirement. If a Loan Originator obtains licenses in many states, there could be a lot of Continuing Education required each year, which brings us to our main topic. How do you choose a Mortgage License Education Course Provider that can make this process as simple and painless as possible?Availability of Courses – Each Mortgage License Education Course Provider must get their courses approved through the NMLS (Nationwide Mortgage Licensing System). Some Course Providers only get the main 20 hour Pre-License Education and 8 hour Continuing Education, so if you are licensed in any states that require state-specific education, you’ll have to do that part with another Course Provider. Most Course Providers only get some of the state-specific education approved for the larger states, because it is very time consuming to get approved and maintain if they don’t have enough customers taking the courses. Very few Course Providers get the state-specific Mortgage License Education Courses approved by the NMLS in every state that requires it. If licensed in many states, it is best to find one of these few Course Providers that offer all courses.Course Formats – The Course Providers are able to provide Pre-License Education in 3 formats: Classroom, Webinar, and Online Instructor-Led. Classroom is a live course in-person. Webinar is a live course via a webinar online. And Online Instructor-Led, which is by far the most popular, is an online course at your own pace with a small amount of instructor involvement to meet the NMLS requirement that there be interaction between the student and the instructor. Due to the instructor interaction, the Online Instructor-Led courses must be done within a certain window of time. Usually 2 days for a few hour course up to 12 days for a 20 hour course. For the Continuing Education, Course Providers are able to offer all of the same course formats as the Pre-License Education plus an Online Self-Study format. The Online Self-Study format is virtually identical to the Online Instructor-Led format, except that there is no window of time that the course must be completed in and there is no instructor interaction. For most people, the Online Self-Study format would be the best option for the Continuing Education. Not all Course Providers offer all Course Formats, so you will want to find a Course Provider that offers the formats you prefer.Technology Platforms – Specifically for the most popular Course Formats, Online Instructor-Led for the Pre-License Education and Online Self-Study for the Continuing Education, the technology platform of the Mortgage License Education Course Provider is critical to making the process smooth. The NMLS has specific guidelines on how the Education Course must operate regarding timing of the course, instructor interaction, timing out after a certain period of inactivity, verifying that the person taking the course is the actual Loan Originator, etc. However, the Course Providers have a lot of flexibility in making the compliance with these requirements as painless as possible. There is a huge difference between Course Providers so you may even want to ask to test their systems out before purchasing courses, especially if you are licensed in a lot of states or are making the decision of what Course Provider to use for many Loan Originators.Customer Service – In my experience, this is by far the most important factor. Issues will come up such as courses not reporting to the NMLS properly, course windows ending before the course is completed and the need to reschedule, questions about what Mortgage License Education Courses are required for a new license or continuing education to renew your Loan Originator Licenses, or even just issues navigating their website. When these issues come up, you want to have someone at their office that always answers the phone during normal business hours so you can quickly resolve these issues. I have found that not all Education Course Providers have the same excellent customer service that you would expect. This is critical. If you start finding that the responses from customer service are slow or inadequate, then it is probably time to start looking for a new NMLS Mortgage License Education Course Provider.

5 Fashion Styles That Can Make You Look Gorgeous | Fashion

Fashion is associated with women, they are the ones who actually want to beautify themselves. For fashionistas, to the corporate rulers, every woman loves dresses, makeup, accessories as these are the path towards phenomenal looks.There are various fashion styles, sometimes we think that today is to look trendy, or today for something traditional, or today let me dress up in a classic outfit or oh! It’s summer, let me look casual! Trendy, Vogue, Casual are all fashion styles that we take up in our daily routine. These are all different types of fashion styles which can make one look better.What does fashion mean to you?Fashion is all about expressing yourself, and your identity. It is about expressing yourself through your dresses or clothes. It is everything that deals with clothes, accessories, footwear, jewelry, hairstyle and etc. It is a habitual trend in which a person dresses up in her best, does her make up, wears her accessories and shoes. Looking good is the main aim of fashion.To some, fashion can mean good dresses, to some fashion can mean expensive clothing and accessories. But you must pair your dresses correctly to look chic and stylish. Failure to do so can be a disaster and make you embarrassed in front of everyone.Wearing the same dresses in the same style can make you a boring person. So before you go out wearing something look at yourself in front of the mirror, check yourself whether the particular dress goes with your body shape or the accessories. Ask yourself whether the accessories you are planning to wear match your dress. Ask yourself will I be able to carry myself?Check what kind of makeup match the dresses? The shoes, the hair! Everything must match each other perfectly. And you can make you a fashionable diva. If you love fashion, you must know the various types of styles which you can try, the next time you visit a party. Go through the various fashion styles.Trendy fashion style: It is always up to date. Girls following this style wear all kinds of dresses without keeping any constraints. Trendy means something that is in the trend. Ripped jeans, tank tops, long jackets, high heels, open hairs are examples of trendy fashion style. Celebrities like Jessica Simpson, Miley Cyrus, Paris Hilton, Jessica Alba follows this style. Well, attitude is everything when it comes to pulling off a trendy style.Chic Style: Chic mans a style that is highly fashionable. Chic is a statement that makes one look striking and exceptionally smart. This style is marked with well-tailored designs that are classy. Strong color, superior styles, that seems casual but also not too casual. So, basically chic style means something very classy, trendy, and also gorgeous. So if you are a part of the chic club, then your wardrobe is a symbol of style.Sophisticated Style: Style that is polished, quality, and posh are known as sophisticated style. Dresses like Skaters Dress, Brocade Dress, Sheath Dress makes the style statement. A sophisticated style is for the ones from higher status and high-class personalities. Culture and luxury mean most of them who chooses this style of fashion.Vogue Style: Vogue is something that comes back with time. Fashion that existed for the time, then again regained its popularity by combing some changes in its design, dress material, or styles are said to be vogue. A few vogue dresses are Skaters Dress, Brocade dress, Bandage Dress. These dresses regained its popularity over time and became one of the most fashionable dresses that are loved by women.Preppy Style: The school or college look is the tag name that denotes a preppy style. Dresses that are collared and are matched with skaters dress or A-line skirts with girly blouses are preppy styles.To stand out of the crowd you must choose such styles that make you look gorgeous. Just do not keep copying from others, explore the world of fashion, experiment the possibilities and find out what makes you look gorgeous. Women are the finest creation of God. They are borne diva but divas also need to be fashionable. Therefore, choose the style that suits you the most. Good Luck!

Real Estate Investing – Using Options to Purchase Property | Real estate

Did you know that by using real estate options you can legally take control of valuable properties to generate quick income with only a small amount of money. Learning to understand and use this valuable technique can be extremely valuable to the success of a new or seasoned real estate investor.In order to take full advantage of this great technique, you only need to understand how the technique works and become familiar with, and follow, your local state laws. Having learned how to use this technique and the law, you will soon be on your way to a great return on your investing efforts.Here are some very important questions concerning real estate options…What is a real estate option? Is that the same as a Lease Option? I thought real estate options were illegal! What are the steps in a real estate option transaction? And – How are options used to purchase real estate at discounted prices?What is a real estate option?A real estate option is a unilateral agreement:Between an optionor (The Seller) and an optionee (The Buyer, for the rest of this article I will refer to them only as the Buyer and Seller)Binding only on the SellerWhere the exclusive, unrestricted, and irrevocable option to purchase is exchanged with the Buyer for valuable considerationThe purchase of the option does not impose any obligation upon the Buyer to exercise the option and or purchase the propertyHowever, the Seller is bound by the agreement to sell the property at the agreed price to the Buyer should the Buyer choose to purchase the property within the option time periodThe elements that must be spelled out in an option agreement are:o Price (consideration) to be paid for the optiono Time-when will the option start and when will it expireo Strike Price-the mutually agreed purchase price or property during the option periodo Other terms and conditions of the option agreementIs a real estate option the same as a Lease Option?Yes and No! The option part of a lease option agreement could be exactly the same as the option agreement we are discussing but the lease option includes a lease for the property.
I thought real estate options were illegal!Real Estate Options of some kind are legal in most free countries in the world. It is the lease part that may cause some legal problems in certain American States. In order to avoid any problems, be sure to consult with a real estate attorney before entering into any real estate agreement.
What are the steps in a real estate option transaction?Here is a step by step overview of an option transaction:1. The Buyer and the Seller enter into an agreementAnd the Buyer pays an option consideration to the Seller The Seller grants the Buyer the exclusive, unrestricted, and irrevocable option to purchase property at a fixed purchase price
during a specified period of time.2. The Buyer eitherSets up a closing and purchases the real estate during the option perio sells the option to another investor or Lets the option expire by not purchasing the property during the option period
How are options used to purchase real estate at discounted prices?Investors may use options to gain control of a property for short time. During that time, the investor can seek out another buyer to sell to for a higher price than the option amount. The profit is the amount of difference in the amount of the option and the sale price.But a more creative use of an option would be to locate a seller having a hard time selling their property. Then convince that seller to sell you an option to purchase but with the right to sublease it immediately. The investor may then rent out the property on a rent to own agreement. This will allow the investor to generate some income while helping their renter get into the position to purchase the property from them at a substantial profit.Options are a great way to tie up property for a small amount of money. Some of the benefits of using options to purchase property are:Saving the closing costs of purchasing and selling the propertySaving the holding costs involved in purchasing a propertySaving the maintenance and many other holding costs of owning a propertySaving time by avoiding the loan process–setting up and going to closingsPutting time to use on more productive efforts like finding more optionsOne other thing to keep in mind is that a real estate option will expire when a Buyer fails to exercise the real estate option within the option period of the agreement. At that point the Buyer will not only lose their control of the property but also their original option payment.