Mortgage Loan Originator

Affordable courses in your area.
Get started on the right path with Kambuck.

About Kambuck

(a subsidiary of IFREC Real Estate Schools)


For decades, the Kambuck name has been synonymous with quality mortgage education.

Kambuck Resources, LLC, a wholly owned subsidiary of IFREC Real Estate Schools, continues to offer live instructor led classroom presentations where the students are able to interact with the instructor. Ask any mortgage professionals and you will find that they recommend Kambuck as their mortgage business school of choice for the federal mandated MLO, exam prep and continuing education live or online.  Kambuck’s goal is to deliver the highest level of education to those qualified candidates who are dedicated to becoming professionals in the field of mortgage lending. LEARN MORE • EARN MORE!

How to Get Started in Real Estate – Quick Tips

  1. First and Most Important – Select your school and your class schedule.
  2. Before or as soon as you register for class, apply to NMLS for your ID number.
  3. Think positive!  PREPARE – Get your text and read, read, read before your class begins.
  4. Do not miss class time. Pay attention. Ask questions. Find a study pal.
  5. Use your study guide. Take your end of course exam. PASS IT!
  6. Purchase your State and National online exam prep courses. Whew – you are ready.
  7. Sit for the State and National exams. PASS IT!  Congratulations.


Mortgage Loan Originator’s License Requirements

Mortgage Loan Originator’s License – required for an individual who, directly or indirectly solicits or offers to solicit a mortgage loan, accepts or offers to accept an application for a mortgage loan, negotiates or offers to negotiates the terms or conditions of a new or existing  mortgage loan on behalf of a borrower or lender, processes a mortgage loan application, or negotiates  or offers to negotiate the sale of an existing mortgage loan to a non-institutional investor for compensation or gain.

The most visible changes to the mortgage industry are the stringent licensing requirements today’s loan originators are held to and the SAFE Act which is  designed to enhance consumer protection and reduce fraud by encouraging states to establish minimum standards for loan originators.

Pre-Licensure Education Requirements

Information about Getting Started from the NMLS Resource Center

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This education must include 3 hours of Federal law, 3 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, plus 12 hours of undefined education (referred to as electives). Number of hours is 3/3/2/12 = 20

Florida does not have a requirement for instruction on state-specific law.


Continuing Education Requirements

Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning with the first year after they complete PE (see chart below). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, plus one (1) additional hour of education (referred to as an elective). Number of hours is 3/2/2/1 = 8

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.