How do I become a loan officer in Nevada?

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The Nevada Department of Business and Industry licenses mortgage loan officers in Nevada and requires 30 hours of pre-licensing education; The national 20-hour class and an additional 10 hours of which 4 hours must be Nevada state law. All states require a national exam for licensing.

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Similarly, it is asked, how do I become a mortgage loan officer in Nevada?

Any applicant for an initial license as a mortgage company or loan originator must complete at least 30 hours of pre-licensure education (PE) in approved courses from the subjects set forth in NAC 645B. 363. The required pre-licensure education (PE) can be accessed through the NMLS website.

Likewise, how do I get an Nmls? All 50 states use the NMLS system to process licensing requests.

Associate your NMLS account with an employer.

  1. 1 Create an NMLS Account. This part is easy and you can do this right now.
  2. 2 Complete Your California Pre-License Education.
  3. 3 Pass a Licensing Exam.
  4. 4 Apply for a License.
  5. 5 Background Checks.
  6. 6 Get Hired.

In this manner, what do you need to do to become a loan officer?

Loan officers typically need at least a bachelor’s degree, preferably in a business-related field such as finance, economics or accounting. Mortgage loan officers need a mortgage loan originator license, which requires passing an exam, at least 20 hours of coursework and background and credit checks.

What skills do you need to be a loan officer?

Loan Officer Skills You Need

  • Reading comprehension – medium (Level 5)
  • Active listening – medium (Level 5)
  • Writing – medium (Level 3)
  • Speaking – medium (Level 5)
  • Mathematics – medium (Level 3)
  • Critical thinking – medium (Level 4)
  • Active learning – medium (Level 3)
  • Monitoring – medium (Level 3)

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