ฝัง
- เผยแพร่เมื่อ 13 พ.ค. 2021
- This may be our BEST EPISODE EVER! Bill Benson NMLS# 366842, a 30-year mortgage veteran, owner of MortgageCommander.com (an NMLS prep site), mortgage loan originator and instructor for the 20-hour SAFE pre-licensing course walks you through the process of acquiring your NMLS.
Bill provides insight on taking the 2-hour course, studying for the exam and passing. There are tips, tricks and important suggestions for anyone and everyone looking to pass their NMLS exam on the first try.
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This podcast is designed to educate, motivate, entertain and inspire all. Don’t let the name fool you - this is everything you should have learned in high school but were never taught. While there are episodes geared specifically towards mortgage professionals - the overall content will encapsulate the world of personal finance, career advice, sales training, business mentorship, paying off debt, increasing your credit score and much more.
Whether you’re a loan officer looking for training, career advice, a graduate looking to pay off debt or a C-Level executive looking to expand your business - this podcast has something for you.
So tune in, like, subscribe and share. By the way, we love your feedback - hit us up LinkedIn, Facebook, Instagram or TH-cam.
ABOUT THE HOST
Dustin Owen is a Certified Mortgage Banker and a 15+ year veteran of the mortgage industry - who started his career as a loan officer - and now helps run one of the largest regions for Waterstone Mortgage. In addition to working as a mortgage professional, Dustin also owns a real estate investment company and is a venture capitalist.
John Coleman is an Emmy award-wining content creator and producer with over 12 years of experience in digital media, social media and marketing. JC has collaborated with the largest brands in the world of sports and entertainment including, EA SPORTS, NFL, NBA, NHL, FIFA, Xbox, PlayStation and Nike.
DO and JC!!!! Passed with an 89 this morning!!!!
Congrats Chris - great news!
Congrats. 🎉
Me too!!! Congratulations Chris!
Congrats !
Dang wtf
How funny. Bill actually taught my class. A true expert.
FACTS
Senior in engineering, and this summer I thought it would have been fun to get my MLO license. If you told me how much I needed to work to pass, I do not know if I would have done it. Either way, took a 23 hour online course, a pre exam prep course, and in the course of two weeks of severely intense studying I passed. This is by far the hardest test I have taken, I believe this test is designed to trick you and challenge the integrity of your confidence. Now I am on my way for applying for the NMLS for my license! If you are studying, definitely do not underestimate the difficulty of the test, especially if you do not have a background in the mortgage industry like me. Although. if you thoroughly prepare, then you will be fine!
What did intense studying consist of brov
@@jamalrodriguez9683 search how to pass NMLS test in quora and you will get some 500 points. That should be more than enough
This transparency is so great. This is when I love social media.
💯
I took his class 3 years ago in Orlando. Really great instructor!
Just decided to pursue this career @60+, and you both are amazing, gave me a good understanding!
That's awesome to hear Mahesh! You're never too old to get it started!
I just want to say Bill was my teacher at stuart, Florida gold coast and he is truly an amazing mortgage professor. I'm taking my test October 28, 2022. He is a great teacher and very invested in his students. I would of purchase his material but I can't afford right now. I'm studying my butt off and watching alot of videos. I just want Bill to know he is amazing truly.
Hey! That was my instructor just a few months back in February. Him and Dan were great!!
Nice Stephen - Bill is awesome!
Team 3rd time was the charm👏🏽🙏🏾. Tysm for these episodes I’m binge watching on a Sunday.
Super grateful for this episode! Small correction, very minor: you can take the course first and when you’re bout to take the course test, you can get your NMLS number. But you do not need your NMLS number to START the course.
Happy TH-cam suggested your channel. Studying for my test. Enjoy hearing from folks in the industry
🙏
I passed 2 weeks ago, I found your channel while searching for study material. Have been catching up on your channel since.
Nice Andy! Be sure to spread the good word and welcome to the industry!
I’m currently studying do u have any good podcast and website for study material
@@libertarian787 This podcast is a great place to start!
That’s my Professor!!! I can’t wait to pass the test!!
LFG!!!
Notification gang. Let’s GOOOOO!! Love the content boys. Super helpful for a new LO
You already know what time it is when you see that pop-up haha! Thanks for the support Anthony!
Another great guest!!
Thanks
I have been using Compu cram to study, on May 13th I'll be taking my national test for the 3rd time.
Hey guys! Just wanted to come and show some love! I started watching your channel months ago with the intention to become a licensed MLO.
You guys inspired me to put my boots to the ground and grind out the SAFE material. I passed with an 89% and just wanted to say thank you to you guys for setting the ground work for me to be better prepared for 20hr and ultimately to pass SAFE.
This is AWESOME to hear Heather - thanks for sharing and congrats! Glad we could help!
I take my test next week, this video came out just in time! Great videos, keep it up!
Good luck Ed - glad we could help!
Good stuff as usual.
Just started listen about 2 weeks ago and I’ve been obsessed!!
That't what's up Jamal - appreciate the support! 🤙
This was Fantastic
🙏
DO my name is Edwin I’m 24 years old from AZ and I just want to thank you for doing what you do. I will be interviewed on your podcast soon!! Keep it up man 🔥🦅
Thanks for the feedback and support Edwin - we do it for folks like you!
How it is that everyone knows the NMLS site is horrible and all the other issues and yet it’s not fixed?
Thak you
Just finished my pre-licensure ! Great time for this video.
Congrats Walleysha and thanks for tuning in!
When are you talking your test?
@@paid2talk298 I’m taking the test in August.
@@WalleysWorld same. Good luck❤️❤️ what’s your ig
@@paid2talk298 Thank you! And same to you, my Instagram is sharklove9.
Passed the test on the first attempt. Still haven’t received it after 2 months lol California licensing sucks. Goodluck to anyone studying for the test
Just submitted my MU4, also in California guess wait I shall.
Congrats on passing! 👍
Also in the CA waiting period lol
Hey is there any book that you would recommend me to buy to study for the test myself? Thank you
@@eosjoy6815 there is no book. The course you take is enough to master the materials
21:20 Answer: Sisyphos 🙂
Taking my class in a few weeks! Little nervous. Hoping to pass the first time 🙏🏻
Don't worry D - you'll crush it! 💪
I’m going to do it! And I’m going to pass! I’ve been watching your videos since yesterday. I’m on episode 4 the 12 week challenge
LFG! Only 200 episodes left!
@@TheLoanOfficerPodcast don’t remind me🫠🥴….but it’s definitely worth it! Thank you for this amazing, brilliant content🥰🎉
Really eager to prepare and take this test. But I'm curious with technology advancing. How long will LMO's last until AI credit companies take over this sector
Hey Brandon - great question! We actually did an episode on this topic, check it out: th-cam.com/video/ARJSuYvCtpg/w-d-xo.html
Once you understand the real role of an MLO you will be concerned less...Yes, technology will help make obtaining a loan easier. It will be easier on the LO, it might make the Processor obsolete and it will be easier on the Underwriter. However, a great MLO is an advisor, a consultant. You have to ask all the right questions of your borrowers and help people figure out how to qualify and once they qualify which of the 10+ financing options is best for them and then explain why. These folks will have anxiety, fears and frustrations you as the MLO have to be there with them walking them through this process and helping them cope with the magnitude of emotions. In general, people's back story / financial history is sticky. Meaning, loans are not easy. Real people with real life real situations need real people to help them navigate said situations.
@@dustinowen1191 Thank you for taking out the time to address my concern and also thank you for these great videos. I kept a straight forward view towards the concept of mortgage loan origination but with 350 Mn people in this country and each with a different story, it will take at least 20 yrs+ and many more data points for AI lending companies to buy/acquire all the data they need to automate MLO (unless a big company Amazon jumps in the game, they're already dealing with turnkey sales and with huge capital and data, can easily jump into loan origination) and predict every outcome to establish a certain limit. I hope your podcast reaches all aspiring people to give this career path a try. Meanwhile, keep up the great content and knowledge you're giving to us children 18+ :)
I am in CT, any recommendations for the class in my area? Thank you so much!!
Hey Kimberly! We don't have any off hand, but we suggest reaching out to Bill - we're sure he knows a few folks 👍
@@TheLoanOfficerPodcast thank you!!!!
I just finished my SAFE coursework last week and I'd love to connect with Bill Benson to gain access to that 12-hours of video content!
His website doesn't have a finished "Contact Us" page.
Any chance team TLOP would be able to help me get in contact with him to purchase that content of him?
TIA!
Ah! Just found his email dropped at 41:09
For sure Brandon - congrats! Check out his bio page here: tloponline.com/meet-our-guests/bill-benson/
Hello,I love your podcasts. I'm trying to study for the test myself. Which is the best book that you recommend me to buy? Please let me know. Would really appreciate it!!
Check out MortgageCommander.com!
What's Bills website again? I was driving and couldn't write it down. I've went through the whole transcript and still can't find it. If I may give some constructive criticism, please put the links in the description.
mortgagecommander.com/
Let Bill speak for Christ's sake!
What course book should I read to study for nmls exam?
i need bills study guide im going to take the full 60 hours to study, even more if i have to im in the midset of my 20 hour course now
Just watching as I look to educate myself before betting on myself. The Greek myth referenced was that of Sisyphus.
Bruh this was my professor 😂😂😂
👍🏻
1 pilot
I am Maria Martinez,Do you know abaut Nana?
Incredible information, thank you so much for sharing this. Also, as a HUGE Buffalo Bills fan, I love your Bills Mafia story about Andy Dalton and the money raised for his charity after he threw a touchdown pass to beat the Ravens that subsequently sent the Bills to the playoffs. You should look up what they did for Josh Allens mom at the local hospital.
Appreciate the support Matt! Make sure you check out www.TLOPonline.com for more helpful content! 🙏
Around 18:35 . For some reason it makes my Google Assistant go off. Does anyone else?
So one question why is the passing rate decrease after the first attempt????🤔🤔🤔
Hey, may have missed it but Bill was talking about purchasing the videos and study material via themortgagecommander.com ; I see on the website an option to become a member with access to the website, does that include the videos and flash cards, or do you need to become a member first, then purchase the videos and flash cards separate?
or is that material on the gold coast website?
Hey Michael - thanks for the question. We'll follow up with Bill and get back with you!
@@TheLoanOfficerPodcast the website only has practice questions , no videos.