John R. Thomas passed National Mortgage Licensing Test with a 93% Score
January 24th, 2010 by John Thomas
I took the NMLS Licensing test on Friday January 22, 2010 and passed with a score of 93% on the first try at the test. This is a new requirement for all mortgage originators of residential mortgage loans that they must pass the national licensing test as well as complete a 20 hour licensing education course. You should ask your loan officer for their national licensing number so that you can look them up on the national registry to verify they are licensed. If someone works for a Federally chartered Bank like Wells Fargo, Bank of America, Chase, etc. they are exempted from the licensing and the educational requirements. This means the person who is helping you with your home loan can only have a high school diploma and not licensing or educational requirements. So you may want to consider carefully who you choose to work with.
My National License Number is 38783.
John R. Thomas - Certified Mortgage Planner – Primary Residential Mortgage, Inc.
302-703-0727 DE Office 610-906-3109 PA Office 410-412-3319 MD Office
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years. Call me at 302-703-0727
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