How to Get a Florida Mortgage License

Applicants for the Florida Mortgage Loan Originator License must complete these steps:

  • Obtain Unique ID number from NMLS – no cost
  • Complete the 20 Hour SAFE Comprehensive Course – $329
  • Pass the SAFE Act Test
    • National Test – $110
  • Submit License Application
    • Application Fee – $195
    • Mortgage Guaranty Trust Fund Fee – $20
    • NMLS Processing Fee – $30
    • Credit Report – $15
    • FBI Criminal Background Check – $36.25
    • Florida Dept. of Law Enforcement Background Check – $33
  • How much does it cost to get a Florida Mortgage Loan Originator License? 
    • $768.25

Step-by-Step Licensing Guide

Step 1: Obtain your Unique Identification Number with NMLS

Creating an account with NMLS (Nationwide Mortgage Licensing System) only takes a few minutes. After creating your account, NMLS will notify you by email with your Unique Identification Number. Click below to do this now. Please bring this number with you to class so we can provide you with completion credit.

Create my NMLS Account

Step 2: Complete the 20 Hour Florida SAFE Comprehensive Course

The 20 Hour Florida SAFE Comprehensive Course is the required pre-licensing education for Mortgage Loan Originators as mandated by the 2008 SAFE Act. Classes are available in Fort Myers and Naples. Click below to view our course information. *Please bring your NMLS ID number with you to class so we can provide you with completion credit.*

View Course Schedule

Step 3. Pass the SAFE Act Test

You are required to take and pass the SAFE Act National Test with Uniform State Test (UST). Our recommendation is to take the test within 10 after you’ve completed the 20 hour pre-licensing course. A score of 75% or better is required to pass the SAFE Act test.

  • TEST ENROLLMENT: First you must create a TEST ENROLLMENT on the NMLS website. You will pay a $110 fee for the National Test with Uniform State Test (UST) upon the enrollment. Creating the enrollment is what will give you permission to schedule the test.

How To Pay For A Test Enrollment

  • SCHEDULE YOUR TESTS: **You must pay for the tests in the step above BEFORE you can schedule a test date.** The tests are given by Prometric Testing Centers, and they have centers located throughout the state of Florida and across the country. In Southwest Florida, the nearest facility is located at 2891 Center Pointe Drive Suite 201 – Fort Myers, FL 33916.

Schedule Test

Do you already have your MLO license in another state and just need to attend the 2 Hour Florida Specific Course?

View our 2 Hour Florida Specific Course schedule.

Step 4: Application

*Complete after you’ve attended the 20 Hour Florida SAFE Comprehensive Course and passed the National exam*

  • SUBMIT THE MU4 APPLICATION: Loan Originator applicants must submit the “Uniform Individual Mortgage License/Registration & Consent Form,” also known as the MU4 APPLICATION on the NMLS website.

How To Submit MU4 Application

  • FEES: You must pay a $195 nonrefundable application fee, a $20 nonrefundable Mortgage Guaranty Trust Fund fee and a $60 NMLS processing fee when you apply.
  • CREDIT REPORT: You are required to authorize a credit report with the submission of your MU4 Application. The cost of the credit report is $15.

How To Submit Credit Report

  • FINGERPRINTS and CRIMINAL BACKGROUND CHECK: You are required to have your fingerprints scanned electronically at an NMLS-authorized fingerprint vendor for an FBI Criminal Background Check (CBC) with the submission of your MU4 Application. The cost of the CBC is $36.25.

How To Submit Criminal Background Check

If you are obtaining your MLO License in Florida, you must also have your fingerprints scanned electronically at a Florida Department of Law Enforcement (FDLE) location. We recommend using PearsonVUE. The cost of the FDLE fingerprint is $33.

You may make an FDLE fingerprint reservation by calling PearsonVUE at 1.877.238.8232.

Step 5: View your Application Status

Criminal Background Check Status

During your license approval process, you can view the status of an existing Criminal Background Check (CBC) request or retrieve a copy of your CBC Certificate.

How To View Criminal Background Check Status

Application Status

You may view the status of your MU4 Application and review any deficiencies that your state regulator has set. A deficiency is placed by the state regulator to notify you of any missing information that is still required in order to issue a licensing decision.

Each time the status is updated by the Regulator in NMLS, you will receive a system generated email indicating the status change.

How To View Application Status

For further assistance, please contact the
NMLS Call Center at 855.665.7123

5 EASY TIPS TO PASS YOUR FLORIDA REAL ESTATE EXAM

Capture

The key to passing your state exam is preparation. Preparation involves working through the key components of every one of the 100 questions on the exam. Let’s go over a few quick testing strategies that will immediately boost your chances of passing.

1. Take your time.
You have three and a half hours to answer the questions, which means there is no need to rush. Just take a deep breath and trust your preparation.

2. Read all the darn questions…2 times.
It’s too easy to skip over key words in the question. Our brain has this nasty habit of filling in the the blanks of sentences when we haven’t even seen every word. For example, did you notice the repeated word “the” in the last sentence? Give yourself a chance of getting the questions right by reading them each 2 times.

3. Read all the darn answers…2 times.
Before choosing an answer – even if you are 100% positive it’s right – read through all the choices. It may be that you have prematurely selected a response that is correct, but there could be another answer that is more correct. If you fail to read through all the answers there’s a chance you may mark the wrong one.

4. Longer is better.
If you come to a question that has you completely stumped, usually the longest choice is the most likely to be correct. This is not a hard rule of thumb, but rather an indicator to go off of when you don’t have any idea what the answer could be.

5. Treat each multiple choice question as 4 true-false questions.
Each multiple choice question will have 4 answers, each of which you should regard as a true-false question. This will help you ensure that you aren’t missing any details when responding to each question.

Hopefully these quick tips help you pass your Florida real estate exam. Remember, you can miss 25 of the 100 questions and still pass the exam. There’s no need to be perfect, just pass. For a more thorough look at how to pass your exam, sign up for the Larson Educational Exam Preparation course at our Fort Myers and Naples real estate school here: https://larsontrak.larsoned.com/Sales-Associate-State-Exam-Prep-Course or call us at our Fort Myers office at 239-344-7510.

BEST Naples Real Estate School

BEST Naples Real Estate School

Campus Tour – Naples Real Estate School

Naples Real Estate SchoolLarson Educational Services, is a family-owned and operated professional education company. We are approved by the Florida Department of Business and Professional Regulation to offer the following Florida real estate courses online and in the classroom in our Fort Myers and Naples facilities.

Our Naples classroom is located at Marquesa Plaza –
13040 Livingston Rd #12, Naples, FL 34105

Real Estate Pre-Licensing

The Sales Associate Pre-License Course is required if you have not previously had a real estate license. The Broker Pre-License Course is required if are already licensed as a Sales Associate, have at least 2 years of experience, and wish to upgrade to the Florida Broker License.

63 Hour Sales Associate Pre-License Course

72 Hour Broker Pre-License Course​​

Real Estate Post-Licensing

After obtaining a Florida real estate license, you are required to complete post-licensing education prior to your first license renewal date. Your first renewal date will be between 18 and 24 months after your licensure date. The post-licensing education requirement is 45 hours for Sales Associate and 60 hours for Brokers.

45 Hour Sales Associate Post-License Course​​

60 Hour Broker Post-License Course​​

Real Estate Continuing Education

After your first license renewal, whether a Sales Associate or Broker,  you must complete 14 hours of Florida Real Estate Continuing Education every 2 years for the rest of your real estate career. When you choose Larson Educational Services to complete your continuing education, know that you are choosing the best in the industry.

14 Hour Continuing Education Course ​​

Our Approach to Professional Education

There are only a few Naples Real Estate Schools to choose from, but there is one that goes beyond merely filling seats and issuing credits.

It’s called Larson Educational Services. And if you’ve given up on the idea that professional education could include interesting instructors and relevant course work, you’re in for a very pleasant surprise.

Because LARSON goes to great lengths to be the BEST Naples Real Estate School:

  1. The BEST Classrooms
  2. The BEST Course Materials
  3. The BEST Instructors in the Business
  4. The BEST Customer Service

In short, the best of everything.

And, as we all know, nobody ever became a success by settling for second best. Our friendly staff will be happy to assist you in any way possible. Real estate education is what we do and it’s what we are passionate about.

If you have any questions please call (239) 344-7510 or Contact Us today and we’ll take good care of you!

 

Certified Florida Residential Manager Designation Course

CFRM Logo

Are you currently a property manager wanting to increase your knowledge of leasing and managing residential properties? Are you a real estate licensee looking to add property management to your professional toolbelt? Well we have the class for you…the “Certified Florida Residential Manager Designation Course”.

NEXT CLASS DATE:
• March 28 and 29, 2018
• 9am – 5pm
• Fort Myers Campus (1400 Colonial Blvd, Suite 44)
• $169 Tuition
• 14 CE Hours

Registration Link – https://larsontrak.larsoned.com/purchase-class.php…

The CFRM Designation from Larson Educational Services is the best 2-day program to learn the practical and legal aspects of leasing and managing single-family and small residential investment properties. The course includes detailed coverage of 15 property management laws, including – Residential Landlord and Tenant Act, Property Management Escrow Accounts, and Vacation Rentals.

Additionally, this program will help students with the issues of leasing and managing residential properties. You will be introduced to the roles of a property manager including:

• Planning and analysis
• Advertising and marketing
• Screening tenants
• Negotiating leases
• Collecting rent
• Maintaining the premises
• Supervising security
• Obtaining insurance
• Keeping accurate records

Any questions? Call us at (239) 344-7510.

As always, thank you for making Larson Educational Services Your School of Choice! ~ Brad Larson

How to Choose a Broker–Naples Real Estate School

 

It’s easy to think that you’ll be okay at any broker or brokerage firm.

You’re so excited to start your real estate career that you might be willing to go with the first broker to offer you a position on their team.

But if you want your real estate career to start off on the right foot, you’ll need to find the right broker.

Not all brokers are created equal.

Some may be very mentorship-focused, taking pride in helping new agents start their new career.

Others may not be interested in nurturing a new recruit at all, leaving you to fend for yourself until you learn on your own.

Though each style may fit some agents and not others, you need to articulate to yourself what exactly you’re looking for in a broker so you’ll be more ready to disqualify the ones who don’t fit your needs.

Consider these 5 things when looking for a broker.

how to choose a broker

1. Are they making deals?

Before you choose a brokerage, try to find out how business is going. Talk to other agents in the brokerage.

Are they making sales?

Could you see any of them as mentors?

You may be doing a lot of work on your own as an agent, but your brokerage is meant to be a support system.

If you don’t see yourself fitting in with the culture of the office, then you may want to keep looking.

 

2. What’s their reputation?

Like any other business that operates on word of mouth—like dentists, lawyers, and doctors—a brokerage firm will have a reputation that they need to cultivate and protect.

Snoop around online to see what other people are saying about the brokerage. Find their negative reviews on Google, see if they have any issues on the Better Business Bureau—if any red flags stick out, trust your gut.

But remember that some online complaints are anomalies and may have more to do with the complainer than the company.

 

3. Go with your instincts

Disqualifying a broker may be as simple as not getting the right vibe from the people you meet. Trust this feeling. You are under no obligation to stick it out with the first brokerage you find and keep the following in mind:

You are the one interviewing the brokerages for a good fit, not the other way around.

 

4. Location, location, location

Not all brokerages deal in selling the same kind of properties.

If, for example, the prospective brokerage deals a lot in expensive waterside properties, you may get some big commission checks. However, the opportunities to sell such homes may be few and far between.

And those luxury properties may not go to the “runt of the litter” like you—the newbie at the brokerage.

Consider whether or not the brokerage is in a luxury area and if selling more expensive homes is the particular kind of challenge you’re looking for, rather than selling more homes at a lower price.

 

5. Listen through the grapevine

Asking other agents about a broker is one of the best ways to get the inside scoop on a brokerage and how they do business.

Does the brokerage provide good leads?

What are their fees like?

How do they split their sales between agents?

The best fit for the people you talk to may not be the best fit for you.

Brokerages that provide offices, advertising and excellent training may take higher fees.

If you’re an agent who prefers to do more on your own, you may want a more hands off brokerage. It’s all up to your particular disposition as an agent.

If you’re looking to get your Florida broker or agent license (or if you just need continuing education), then visit our website, Larsoned.com, or give us a call at 239-344-7510.

 

naples real estate school

About Larson Educational Services:

Utilizing 40 years of real estate training and professional education experience, Florida real estate school Larson Educational Services is the premier provider of Florida real estate licensing, exam preparation, post-licensing, CAM licensing, mortgage loan originator licensing, and continuing education in Southwest Florida. Classes are available in Fort Myers, Naples, Sarasota, and online. We are an approved Florida Real Estate School (License #ZH1002299), Florida CAM School (License #PRE31), Florida Insurance School (License # 370501) and NMLS Approved Course Provider.

Larson Educational Services

13040 Livingston Rd. #12

Naples, FL 34105

info@LarsonEd.com

239-344-7510

LarsonEd.com

#TBT to Our Days on the Sandlot

Found these dusty old bad boys in the archives today. You could probably trade both of these for a Babe Ruth rookie card. #TBT#ThrowbackThursday

About Larson Educational Services:

Utilizing 40 years of real estate training and professional education experience, Florida real estate school Larson Educational Services is the premier provider of Florida real estate licensing, exam preparation, post-licensing, CAM licensing, mortgage loan originator licensing, and continuing education in Southwest Florida. Classes are available in Fort Myers, Naples, Sarasota, and online. We are an approved Florida Real Estate School (License #ZH1002299), Florida CAM School (License #PRE31), Florida Insurance School (License # 370501) and NMLS Approved Course Provider.

Larson Educational Services

13040 Livingston Rd. #12,

Naples, Florida

34105

239-344-7510

LarsonEd.com

LarsonEd’s Got a Full Slate of Summer Courses!

Check out what’s coming around the bend…it’s LarsonEd’s full slate of summer courses, including a boatload of continuing education!

See our schedule here: https://www.larsoned.com/realestate/

larsoned summer courses

About Larson Educational Services:

Utilizing 40 years of real estate training and professional education experience, Florida real estate school Larson Educational Services is the premier provider of Florida real estate licensing, exam preparation, post-licensing, CAM licensing, mortgage loan originator licensing, and continuing education in Southwest Florida. Classes are available in Fort Myers, Naples, Sarasota, and online. We are an approved Florida Real Estate School (License #ZH1002299), Florida CAM School (License #PRE31), Florida Insurance School (License # 370501) and NMLS Approved Course Provider.

Larson Educational Services

13040 Livingston Rd. #12,

Naples, Florida

34105

239-344-7510

LarsonEd.com