How to Become a Licensed Underwriter in Connecticut
- 1). Review the issuance standards to ensure you meet all requirements in Connecticut. You can find the current requirements through the Nationwide Mortgage Licensing System, which issues the test. Applicants cannot have had a mortgage loan originator license revoked, unless the revocation was overturned. You must not have any felonies in the seven years prior to your application submission date. You must also have demonstrated financial responsibility and submit your application without misinformation.
- 2). Authorize the issuance of your credit report by logging into the Nationwide Mortgage Licensing System Web site. Select "Filing" in the top-right corner of the page, and then click the "Individual" menu. Click "Create New Filing."
- 3). Complete at least 20 hours of pre-licensure coursework through the Nationwide Mortgage Licensing System. Complete three hours each in federal law and ethics, two hours in non-traditional mortgage lending and at least 12 hours of electives. Two 12-hour courses are offered, including "SAFE General Mortgage Knowledge" and "SAFE Back to Basics: Anatomy of Mortgage Lending." No electives are offered specific to Connecticut.
- 4). Take the national and state components of the Mortgage Loan Originator SAFE Test. You can take the test through the Nationwide Mortgage Licensing System. You must pass both components to receive your license. If you fail one or both sections, you must wait 30 days to re-take the test. After the fourth attempt, you must wait 180 days to take the test again.
- 5). Complete a criminal background check.
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