How To Become A Mortgage Broker In Florida

 

One of the most satisfying careers in Florida is to be a mortgage broker. You help others buy their dream homes by processing their financial documents and arranging for a mortgage loan. In the process, you can quite easily make six figures annually. Hence it is a win-win profession that is not to be missed.

This post will briefly outline how to become a mortgage broker in FL to launch a very lucrative career.

Click here to learn more about how to become a mortgage broker in FL.



# You must be at least 18 years old and a citizen of the USA to apply for a mortgage broker license. A high school diploma or an equivalent such as a GED is also required.

# Create an account on the Nationwide Mortgage Licensing System (NMLS). An ID will be issued whose number has to be mentioned in any correspondence or transaction you undertake as a mortgage broker in Florida.  

# Go through the pre-licensing coursework consisting of the 20-hour national section and the 2-hour state-specific section. Check out the NMLS-approved online mortgage pre-licensing courses from RealEstateU. While being of the highest quality, they are very affordable too.

# Submit your fingerprints for verification of past criminal record. A clean chit is a step towards how to become a mortgage broker in Florida.

# Visit the NMLS portal and schedule a Safe And Fair Enforcement (SAFE) licensing test. Score at least a 75% grade to pass this 190-minute licensing exam. After passing the exam, apply for a license on the NMLS portal.

# Find a licensed brokerage firm in Florida to sponsor you.

You will now be issued a mortgage broker license in the state.      

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