If you intend to work for a 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. We only offer this live-in classroom Loan Originator Training once a month.
NMLS Pre-licensing 20 Hr – Classroom – Instructor Led – January 5-6-7th
NMLS Loan Originator
In classroom –Instructor led
Class is limited to 20 students
Loan Originator Pre-licensing 20 Hr. Comprehensive PE
Please call us for any training or licensing questions
Class is limited to 20 students
Register now and reserve your training seat
Is the NMLS Test Difficult?
According to the Nationwide Multistate Licensing System & Registry (NMLS), the national NMLS test pass rates are 55% for the first attempt. For those who do not pass on their first attempt, NMLS test pass rates fall to 43% for later attempts.
Capstone’s Students Passing Results:
Capstone students who pass our in classroom training are experiencing between a 78% and 83% first time pass rate
Includes all training , case studies, and practice tests.
Registration doors open at 8:00 AM and close at 8:30 AM
You must be here no later than 8:30 Am. Students who are not present
for roll call will not be allowed to join this class late.
Students who miss roll call on the first day are not eligible for any refunds.
Please bring your printed and completed school registration and NMLS code of conduct forms to class on Friday morning.
Upon receiving your online payment we will send you your welcome letter.
Our welcome letter will explain how to get your NMLS ID # , directions to our training facility and what to bring to class.
You will receive all your books and training materials prior to the beginning of classes.
Future Training Dates
Congratulations To Our Graduating Students
For Passing Their NMLS National Test
We gratefully thank everyone who has recommended our training programs
to their managers, family and friends.
Recent Students Feed Back
From Andy Taylor:
Thanks so much to Garry for encouraging me, and Don for teaching the class. I wanted to let you know I passed the exam with a 92% first time. You guys are great, and I DID study a lot !
From: Kacee Payne
I attended your class last week and I took my exam today and passed with an 86%! Thanks for all your help
Why choose Capstone Institute
for your NMLS classes?
1st: We take all the learning pressures away that are inherent with online training.
Our instructors do not rush through the lessons and materials.
2nd: Have a question during training? Just raise your hand!
You don’t have to wait and open an online chat box and wait and pray your instructor will reply before the next break.
3rd: How well do our foreign students do on their NMLS national test.?
We don’t rush students through training like many online schools. Due to the quality of our materials Capstone has had 4 students to receive a pertest 100 score on their national test.
Live-in-classroom training is always superior to online.
Our training classes are never rushed. | Having printed course materials in front of you; is vastly superior to downloading.
Have a question during our training – JUST raise your hand! You don’t have to type your questions and pray your instructor has the time or the inclination to answer you.
If English is not your primary language you really need to consider our classroom training, and proven teaching materials.
We are the only NMLS approved school that includes a copy of our
Power Point with your training materials.
See our independent reviews from our students on the
Coming in from out of town?
Alternative Directions To Our Training Location:
Click to view map: Atlanta Realtors Association Facility in Sandy Springs, GA
About Capstone Institute of Mortgage Finance Training
Our NMLS pre-licensing training is totally dedicated to assisting you to do only one thing, and that’s for you to pass the national exam 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 difficulty with online training is that it’s not as effective as a classroom.
Read the Scotsman guide article on the best ways to prepare for the NMLS test
Open and read the truth from the Scotsman Guide The Industry’s leading authority on Mortgage Lending
Information on your NMLS Testing
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.
Take Advantage of Our Classroom Training Style
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 here at Capstone Institute ?
It’s much easier to ask questions in a live classroom. Just raise your hand in your classroom.
Asking questions online?
By the time you formulate and type your question into your chat box your online instructor is 3 pages ahead of you. And! Your online instructor may choose to ignore your question as not being relevant
to the lesson. It happens.
Not everyone passes their NMLS National test the first time.
Some companies like to brag about their student’s passing ratios. Some even boast they have a 90% or higher passing ratio.
No schools have 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 average on the NMLS National test. The last time we saw any statistics from the NMLS was a statement that the national average passing rate was only about 68%.
From our students reporting back to us and those students taking our refresher classes; we estimate our first-time passing ratio varies between 78% and 84% .
For our students who don’t pass their national test the first time, we offer a free refresher course within 90 days after completing their initial class.
If you wish to repeat the class after 90 days there is a $100.00 discount off the regulars price.
Please call Garry or Kathy if there are extending circumstance which prevented you from taking advantage of your refresher within your 90 days.
About Our Instructors
All Capstone instructors have 25 or more years of industry experience
About Our Training Materials
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 the 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.
Getting Your Free NMLS Personal ID #
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 Loan Originator handbook is highly advisable. Learn how to get your personal NMLS user account View your NMLS Originator’s Handbook
What Happens After A Student Registers For Class
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. Everyone receives their printed manual and other materials on the first day of class.
Arriving on The First Day Of Training
After registration, you’ll receive 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 8:15 AM on Friday the first day of class. Upon entering the Board of Realtor front entrance, you’ll see a large prompter screen 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 (driver’s License – Passport) and then receive your school materials, homework, practice tests, and course handouts. On Sunday afternoon you’ll take your school test. The NMLS requires that you pass the school test to receive your Certificate of Completion.
What happens after competing your training?
After receiving your Capstone Institute certificate of completion, we suggests you immediately log into your NMLS account to purchase your national test and schedule it 2 to 3 weeks out. Generally individuals who quickly set a testing
date for themselves have better scores than those who delay.
Preparing and study habits for passing your NMLS national test.
Be prepared to invest another 15 to 20 hours after successfully completing your Capstone course.
This should be accomplished by breaking up your review sessions into 30 minute periods.
Take a 15 to 20 minutes breaks between sessions and maximize your comprehension levels.
Research shows studying no longer than 30 minutes at a time produces better results.
Studying repetitively for hours after hour with no breaks does not heighten comprehension levels.
FYI – Paying your other NMLS fees
Other than purchasing and scheduling your national test;
“DO Not Pay Any Additional NMLS Fees Yet”
We strongly advise you wait until you have passed your NMLS national test and have been offered
a loan originator position with a licensed Broker or Lender.