Lenders One Mortgage Cooperative, a national alliance of community mortgage bankers, correspondent lenders and suppliers of mortgage products and services, has announced it has a new preferred vendor, MortgageEducation.com. The firm will offer access to pre-licensure and state-specific continuing education to Lenders One members.
MortgageEducation.com, a provider with a 10-year track record, offers courses nationwide and in four formats: online instructor-led, classroom, online self-paced study and classroom equivalent. Pre-licensure and continuing education can be taken at any time and includes state-specific education. The pre-licensure education is divided into courses that can be taken in any order and can be completed in an online format in as few as five days.
“More and more mortgage professionals are required to have a higher level of expertise and licensing that demonstrates their commitment to excellence in the industry,” said Scott Stern, Lenders One Mortgage Cooperative chief executive officer. “Our relationship with a proven and experienced provider such as MortgageEducation.com affords our members easy access to the training they need for licensing and continuing education at every level.”
As regulatory changes bombard the industry, “lenders need to know they have a partner who is familiar with the shifting landscape of licensing and education requirements, who can optimize the time needed to license new, well-qualified loan originators and who can outsource the education process. Lenders One is a premier participant in the banking and lending industry and the partnership allows us to diversify our customer base and introduce our outsourced product to this community.”
Stern added that now is the time to be vigilant about education.
“In this ever-changing, regulatory-centric climate, it is imperative that we ensure our members’ loan originators have access to everything they need to continue to provide the same quality, compliant service they always have, if not better.”
“With our flexible and comprehensive course options, we can ensure that mortgage companies can meet their varied educational needs,” said Tycho Rosenfeld, chief executive officer and president of MortgageEducation.com.