Broker Education was originally founded by mortgage professionals to help other mortgage professionals in their studies to obtain required continuing education for mortgage license renewal. Our website was designed with brokers and loan officers in mind
Our courses cannot be guaranteed to be compliant with your specific state requirements. We endeavor to keep our free courses for the mortgage industry as current as possible, but state-specific compliance is not validated.
Any user may launch the courses or view the other resources on this site as often as necessary. Additionally, there is no time limit on course completion. These resources are provided as on-demand educational resources for your convenience. 'Self-Checks' within the course may also be taken as many times as necessary to pass each course without costs or registration. The scores and progress within each lesson are not tracked and each launch will start over.
Our courses are free! There is no time limit or access restrictions. Take the courses when convenient for you. When you're ready, look to certified CE programs and pass those exams with confidence.
Also, through our website we bring mortgage professionals updated industry news, deadlines for license renewal and articles on issues that effect mortgage brokers both at state and national levels.
A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses.
Traditionally, banks and other lending institutions have sold their own products. However, as markets for mortgages have become more competitive, the role of the mortgage broker has become more popular. Today in most developed mortgage markets ..., mortgage brokers are the largest sellers of mortgage products for lenders.
Mortgage brokers exist to find a bank or a direct lender that an individual seeks with a specific loan the individual is seeking. Mortgage brokers in Canada are paid by the lender and do not charge fees for good credit applications.
The majority of mortgage brokers are regulated to ensure compliance with banking and or finance laws in the jurisdiction of the consumer; however, the extent of the regulation depends on the jurisdiction. Only one state within the U.S. has no laws that govern mortgage lending.