Thousands of our students have gained the knowledge necessary to obtain a mortgage broker license in Florida.

We hold classes in nine locations covering all of Florida.

You can attend our classes any number of times without paying any additional charges.

We have created additional tools such as audio cassette and video tapes to assure your full knowledge of the information presented in our live classes.

You can register today by dialing: 1-800-735-8565

State Website
Apply for state exam.
You may view Florida statutes, applicable Administrative Rules and Division of Finance licensing procedures on the internet by clicking above.

Part 1- Getting Started

• Q. What do I do to get enrolled for the class and the state exam?

• A. It's easy,#1- call us toll free at (800) 735-8565 or in Tampa at (813) 886-8565,
  #2- CLICK HERE TO REGISTER FOR THE STATE EXAM

Part 2- Tell Me More About The Course

• Q. Where, when and how long is it?

• A. Statewide, once per month and 24 hours, Fri. 6:30pm-10:30pm, Sat. 8am-6pm, Sun. 8am-6pm.

• Q. What's covered in the class?

• A. Florida Statute 494 & Federal Laws, Fannie Mae Underwriting Guidelines, Real Estate and Math.

• Q. What is the cost?

• A. All cities are $195

• Q. What does that include?

• A. All the books, all questions, all materials, FREE AUDIO CD, in other words...everything.

Part 3- State Exam

• Q. When is it given?

• A. All the time. Once you register and pay the state for the exam, you'll receive an "access code" from the state in 5-7 days. Once you receive the "access code" from the state, you'll be able to schedule the test for any day that's convenient for you. Once you receive the "access code" you will be instructed to go to www.vue.com to schedule the test. The test is offered on various days and times, just pick the date and time that's convenient for you

• Q. Where is it given?

• A. Go to www.vue.com. Then click on "Florida Office of Financial Services". Then click on "Test Center List". This will list all of the test centers in Florida.

• Q. When does the application need to be completed?

• A. There is no specific date or deadline. Complete the application a couple weeks prior to the date you'd like to test. Again, you'll get an "access code" from the state 5-7 days after you apply. With this "access code" you can schedule your test for any day that's convenient for you.

• Q. What's on the state exam?

• A. Law and contracts i.e. State and Federal law 35%, The mortgage loan application process 15%, The underwriting process 15%, The commitment and Secondary market 5%, The closing (based on Fannie Mae criteria) 20%, Basic concepts of mortgage financing 10%

• Q. How many questions?

• A. 100 (All multiple choice, each worth 1 pt.)

• Q. What's passing?

• A. 75%

• Q. What if I fail or do not take the exam?

• A. You'll have to schedule another test with Pearson Vue paying their fee of $43. A passing score must be attained within the 90 day period. Your able to test as many times as you need, but a $43 fee is required each time you schedule an exam

• Q. When will I receive the license after I pass the test?

• A. The state will no longer issue actual licenses, everything will be done electronically. Proof of licensure will be available on the states website within a week after all deficiencies have been cleared.

• Q. When and how will I get my results?

• A. You will be given your test results before you leave the testing center. A print out of your score will be given to you at the end of the testing session.

Part 4- License Questions

• Q. Why should I get a license?

• A. In Florida, those persons who arrange loans tied to real estate with another's money must be licensed to be paid. Also, to be paid a referral fee, finders fee, bird dog fee, etc., you must be licensed otherwise it's a kickback.

• Q. Once I am licensed, what must I do to be paid?

• A. As an "Associate" Broker you must place your Associate license with a licensed mortgage broker business office. (It's just like a real estate salesperson who works for a real estate broker)

• Q. Can I take the class and/or exam without knowing where I am going to place my license?

• A. Yes!

• Q. Is this class approved for Real Estate Continuing Education & CPA's/Certified Financial Planners?

• A. Yes...11 hr. R.E./ 24 hr. CPA's & CFP's.

The Four License Categories Under the Mortgage and Lending Act    (Effective Date 10-1-91)