(Jeff Sorg, OnlineEd) – The NMLS annual license renewal season begins tomorrow, November 1, 2014. As a condition to file for renewal MLO’s must complete their annual continuing education.
In order to allow enough time for CE to be reported into the system and for the MLO to file for renewal, NMLS sets Smart Deadlines each year. These 2014 Smart Deadlines are:
SMART: Course(s) reported by your provider to NMLS by Friday, December 19
AT RISK TO MISS: Course(s) reported by your provider to NMLS by Friday, December 26
GUARANTEED TO MISS: Course(s) reported by your provider to NMLS on Wednesday, December 31
Many agencies have unique state-specific education requirements and/or CE deadlines sooner than those listed above:
October 31 GA
November 1 DC
November 30 KY, WV
December 1 DE, IA, KS, PR, VT
December 15 ID, UT-DRE, WA
Your License is Your Business! NMLS reports that 94% of renewal applications submitted by November 30 are approved by December 31. If you haven’t completed your annual education, get enrolled now and we’ll be sure to get you credit banked with NMLS on the same or next business day from course completion. OnlineEd is NMLS Sponsor ID #: 1400327 and is offering 8-hour NMLS Course ID: 4548.
For more information about OnlineEd and their education for real estate and mortgage brokers, visit www.OnlineEd.com.
This article was published on October 31, 2014. All information contained in this posting is deemed correct and current as of this date, but is not guaranteed by the author and may have been obtained by third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.