$349.00
If you intend to work for and residential lender or mortgage broker, you are required to take and pass a 20-hour pre-licensing course as part of your licensing requirements. Learn in a classroom environment and retain your training experience.
Next Class Date April 5-6-7th
We only offer this classroom training once a month so register early.
$349.00Add to cart
Amber Reeves Amita Sood Bruce Epperson Christopher J. Norrell Porschia Smith
NMLS # 1893095 NMLS # 1899632 NMLS # 145526 NMLS # 1893212 NMLS # 1872505
Anthony Johnson Correy Richards Kurt Cassidy Kristy Cassidy Marvin Bethea
NMLS # 1899289 NMLS # 1892747 NMLS # 1899293 NMLS # 1893212 NMLS # 1884772
Minh Mai Muneesh Sharma Na’Gel Brock Randy Bristol Manju Jacob
NMLS # 1890874 NMLS # 1897983 NMLS # 189929 NMLS # 1893212 NMLS # 1887151
Sherry Dennard Srinivasa Kodela Vinh Nguyen Adebowale Adebimpe Sara Condito
NMLS # 1896897 NMLS # 1899627 NMLS # 1890723 NMLS # 1885053 NMLS # 1882224
Basirat Olagunju April Prentiss Dontrell Ross Veronica Aguiar
NMLS # 942479 NMLS # 887876 NMLS # 1878760 NMLS # 711382
From: April Usher
Sent: Monday, November 11, 2019 7:12 PM
To: Garry F Trost <GarryT@capinst.com>
Subject: NMLS Test
Good evening Kathy & Garry
Hope all is well with you. I just wanted to give you an update on my NMLS Test that I took today. I PASSED! I’m super excited. I scored an 83 on the test
Hah!!
———————————–
Jim Davidson, Bluffton, SC
NMLS #1876599
After researching and evaluating numerous online, self-paced, and in-person classroom education options for the National MLO Exam, and the 20 Hours of prerequisite SAFE training, I chose our region’s most highly reviewed and well-respected provider — The Capstone Institute of Mortgage Finance in Atlanta, GA. I spoke with graduates of Capstone’s course, and confirmed that they had indeed, passed the National Exam on the FIRST TRY. This was a very significant factor in my decision, as I have no prior experience in home mortgage origination, and success rates for first time exam-takers is only around 60%!
After completing the weekend-long class, and spending the following week reviewing the course work, the 600+ page manual, and the case-study materials … I am set to take my National Exam this upcoming Monday. Will I pass it first try? … Capstone’s owner, Kathy Lewis gave us a mindset that I believe characterizes the mentality I have going in. That is … “I will pass this test easily, and effortlessly, on the FIRST TRY”.
I cannot fathom anyone adequately preparing themselves for the National MLO Exam, absent training and preparation such as I have received from Capstone. The people involved are all lifetime professionals, with years and years of combined experience. They know mortgage lending, and they know how to prepare students for success … for the National Exam, and for a career in the industry.
I highly recommend them to anyone considering a path toward licensing in this industry, and appreciate the quality knowledge and experience they have shared with me.
Jim Davidson
Bluffton, SC
NMLS #1876599
Our NMLS pre-licensing training is totally dedicated to assisting you to do only one thing, and that’s for you to pass the first time. The quick and easy NMLS Pre-License Education training offered at Capstone is beneficial for many reasons!
Learning in a classroom environment is vastly superior to learning online. Very few companies offer live classroom training because of the expense of maintaining the training facilities and they need to go after a larger group of people. The problem with online training is its not as effective versus a classroom… This a documented scholastic fact.
Scotsman’s Guide is the mortgage industry’s bible of authority and they reported years ago that the best way to prepare for the National Test & Unified State Test is not with online training but by sitting in a real classroom with your instructor and NMLS Education materials in front of you.
See The NMLS Test Topics You’re Required To Know Prior To Testing
The NMLS national test of 100 questions is combined with the UST ( Unified State Test) of 25 questions.
The required passing score for both parts is 75%. The testing is administered by Prometrics with testing locations throughout the US.
Click Here For Information About Prometric And Buying Your Test.
We only offer NMLS approved MLO training once a month in Atlanta and our future training dates are listed below. We only allow students to register for the current training date. You’ll have access to access for the next class after our current class has concluded.
We recognize that NMLS 20 hour online training is very convenient but the advantages of that should be weighed
out carefully before making a decision.
Asking questions?
Is it easier to ask your questions by raising your hand and have your instructor answer your questions
on the spot?
Or
Is it easier to formulate your question in your head; then type it into a chat box and then
wait for the instructor to answer you?
Some companies like to brag about their student’s passing ratios. Some even boast they have a
90% or higher passing ratio. Yes; they may have a 90% passing average on the required school test.
But no one has a 90% or better first time student passing average on the NMLS National Test !
Run from any school that says they have a 90% or better passing avaerage on the NMLS National test.
The last time we saw any statistics from the NMLS was a statement that the national average only about
68% of students pass their national test the first time.
For our students who don’t pass their national the first time, we offer a free refresher course within the first year if we have seats available.
Refresher training is free for the first 9 months or $175.00 there after
All Capstone instructors have 25 or more years of industry experience and 5 or more years teaching this course.
Our training manual, homework assignments, and supplements are the most comprehensive available today. The author of all our materials is Kathy Lewis; who has 38 years of experience in residential mortgage and training industry and has published over 112 publications. Kathy is also the founder and President of Capstone.
You saw above in the NMLS test topics how much information you’ll be expected to know before your test. Open our manual and see for yourself the amount of detail we cover to assist you in preparing for your national test.
You can register here online or call us at the school. If calling after business hours please leave your contact # or e-mail address with our live answering service. Our staff will contact you the next day to answer any questions or assist you in registering over the telephone.
NMLS requires as a precondition of being licensed as a loan originator, that all individuals have their personal NMLS personal ID #. This is very important because without your ID # , we will not be able to give you credit for completing
your training.
FYI: Reading your NMLS handbook is highly advisable.
Learn how to get your personal NMLS user account
View your NMLS Originator’s Handbook
Capstone Institute is the only provider approved under the GI bill covering mortgage education.
Upon completing the training Capstone will furnish the Veteran with a Certificate of Completion and
VA forms 22-1999c and 22-8794. Vetrans are encouraged to call us for information under the GI Bill.
After training you’ll need to pay for the following items which are all paid directly through the
NMLS Resource Center website. That’s why obtaining you ID # and login creditials are so important
These fees do not have to be paid all at the same time:
$110.00 National Test Including the Unified State Test
$130.00 NMLS processing fee
$ 15.00 Credit report
$ 36.25 Criminal Background check
After registering for class the student will receive a welcome letter. It will contain pertinent information covering directions, how to get your NMLS ID #, what to bring to class and your link to your online manual.
Students are advised to start reading their online manual and concentrate on becoming familiar with mortgage terms /definitions and Sections 7 & 8 which cover taking a detailed application and loan processing. Students will receive their printed manual and materials when they arrive on their first day of class.
After registration you’ll recieve your welcome letter by email with directions and a google map to assist you.
Students are expected to be at the school’s location and in our classroom by 8:30 Am on Friday the first day of class.
Upon entering the Board of Realtor front entrance; you’ll see a large promter sceen showing you the location of the classroom.
Coming late for class is frowned upon and can result in the student being moved to the next month’s training date.
Please allow for traffic on Friday and typically you shouldn’t have any difficulties with traffic on Saturday and Sunday.
Upon arriving you’ll present your proof of identity ( drivers License – Passport) and then receive your printed training manual, homework, practice tests, and course handouts.
You’ll have homework assignments to complete each night which will be reviewed the next day in class.
On Sunday afternoon you’ll take your school test. The NMLS requires that you pass the school test to receive your Certificate of Completion.
(HINT) If you pay attention and do your to your homework the school test shouldn’t be a problem
Are you a licensed GA Realtor and need 20 hours of CE ?The GREC has approved Capstone and this training for 20 hours of continuing education credit.
There’s a $50.00 fee to transfer your CE hours into the GREC database.
To recive your GREC 20 hr credit you’ll need to turn in a duplicate of homework assigments, We will give you a duplicate papers of your homework to complete and turn in on Sunday afternoon.
Visit the GA Real Estate & Insurance Commission and check Your CE standings. This training is approved by the GREC and can be used to credit bank 20 of CE to your account There’s a $50.00 fee to transfer 20 hours to your GREC account. View your GREC for your educational credits
