NMLS Annual Renewal Period Starts Nov. 1- It’s Time to Renew!

(c) Can Stock Photo(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.

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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.

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About Jeff Sorg

Jeff Sorg is a co-founder of OnlineEd®, an online real estate, mortgage broker, and vocational school founded in 1997, where he also serves as Chief Executive Officer, and School Director. Sorg holds vocational and post-secondary school instructor licenses in several states and has authored numerous real estate continuing education and pre-licensing courses and has been awarded the International Distance Education Certification Center's CDEi Designation for distance education. Memberships include ARELLO (Association of Real Estate License Law Officials), the National Association of REALTORS®, Oregon Association of REALTORS®, and Portland Metro Association of REALTORS®. Awards and service include REALTOR® Emeritus in the National Association, Life Member award in Portland Metro Association and Chairperson of the Oregon Real Estate Forms Committee. OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.