VanEd Newslog

Colorado Mortgage Broker Education available online at VanEd

Van Education Center is proud to offer the mandatory

We have begun offering the entire Mortgage Broker Program online that all currently licensed mortgage brokers are required to complete prior to the end of 2008. For Real Estate Licensees who also have mortgage broker licenses, VanEd's courses will count towards your Real Estate Continuing Education as well!

VanEd has also extended our introductory discounted price ~ get started today for only $425 for the entire program! Mortgage Brokers will also be required to pass a state mandated exam, and VanEd has already had students pass this exam! We include the candidate information bulletin for all of our students, and we will allow you course access for the entire year!

Requirements for Mortgage Broker Licensing:

1. www.vaned.com/MortgageBrokers.

Van Education Center celebrates our 10th Anniversary!

Today Van Education Center (www.vaned.com) celebrates our 10th anniversary, and we wanted to take just a moment to thank all of our students, members, association partners, affiliates and YOU! You have helped make VanEd a nationwide leader in distance education for real estate, appraisal and mortgage brokers.

VanEd opened in 1998 as the first online real estate pre-license school in Colorado, and was one of the first online real estate education providers in the country. VanEd followed by teaching Continuing Education online. The next few years saw the online Appraisal program develop and VanEd became the online home to the Colorado Association of REALTORS® GRI, Graduate REALTOR® Institute program.

Today VanEd offers courses in more than 30 states, and is a recognized leader in online education. We  are proud to have been able to serve the industry for the past decade, and we are excited about the opportunities ahead. We will continue to provide the highest quality education and service to the highest caliber students.

And from all of us who have had the privilege of assisting our students over the years, we thank you for your support and look forward to the coming decade. And remember, whether you are currently a student or are planning a career in real estate, appraisal or the mortgage industries, we want you to know that our commitment to you remains the same. As always, we are here to help!

Colorado Mortgage Broker Licensing requirements

Van Education Center is proud to offer the mandatory Real Estate Continuing Education as well!

VanEd is also offering an April discount ~ get started this month for only $425 for the entire program! Mortgage Brokers will also be required to pass a state mandated exam, and VanEd will be informing our students of the exam details as they become available.

Requirements for Mortgage Broker Licensing:

1. www.vaned.com/MortgageBrokers.

VanEd Presents: First online Colorado Mortgage Broker Education courses ~ available today!

Van Education Center, the leading online provider for real estate and appraisal education courses online in Colorado, today announced that it had begun offering the first approved online education program for Colorado Mortgage Brokers. VanEd, now celebrating our 10th year in distance education, will begin offering the required mortgage broker education as online, or self-study, classes immediately.

Students will have the opportunity to complete the program at their own pace, working from home or office. VanEd includes all materials with the complete mortgage broker qualifying education package. All currently licensed or new pre-license students will be required to pass a state mandated exam after completing the required mortgage broker education. The individual classes, which range from 4.5 to 16 credit hours, will be offered either individually or as a package. VanEd has announced Introductory discounts running through the month of April of up to $75 on the complete 40 hour qualifying or pre-license package.

For information on the newest program offered online exclusively by VanEd, or for more information on the state requirements for all Licensed Colorado Mortgage Brokers, visit http://www.vaned.com/mortgagebrokers.

Colorado Mortgage Broker Education requirements

Colorado mortgage broker education requirements have been established by the Colorado Division of Real Estate. The Mortgage Broker Education Task Force, established in 2007, has determined the necessary pre-license or qualifying education requirements. At this time all Colorado mortgage brokers will be required to complete the mortgage broker courses and a state mandated exam before the end of 2008.

Mortgage brokers are encouraged to get an early start on their required mortgage broker courses. Mortgage broker education in Colorado will be offered by VanEd beginning at the end of March, and VanEd is currently awaiting approval for the new curriculum. For more information and to view all of the new Colorado Mortgage Broker Licensing requirements, visit our new Colorado Mortgage Broker Information page online at http://www.vaned.com/mortgagebrokers.

Van Education Center to offer Military discounts on real estate and appraisal licensing courses

Van Education Center announced today that it will begin offering discounts on real estate licensing courses and appraisal licensing courses to active and retired military personnel and their spouses. Discounts of 10% off the full program price will be available online beginning today, and students will be able to register with the discount directly on the VanEd web site.

For those interested in learning more about the required coursework for real estate or appraisal courses, visit the VanEd web links below. Veteran discounts are available directly on the enrollment page. VanEd also continues to offer a 5 day Free Trial to all enrolling students. Have questions? Send us an eMail! We're here to help!

>>> Real Estate Licensing

>>> Appraisal Licensing

Nebraska to join Nationwide Mortgage Licensing System

The Nebraska Department of Banking Finance (NDBF) announced in September plans to join the NMLS, or Nationwide Mortgage Licensing System. The system was created by a joint task force with members from over 20 states. The task force met regularly for more than two years to develop the groundwork for the program. The group then contracted with the National Association of Securities Dealers (NASD) to develop and manage the system.

The system allows a mortgage licensee to complete one set of application forms to apply to all participating states. The forms are all uniform and include a Biographical Statement, Branch office and even an individual registration and consent form.

The new system is also web-based, which will allow Nebraska mortgage brokers and lenders to apply, update or renew their license online. Regulators will have access to all licensing information. There is a two-part process to set up a record on the NMLS for licensees, according to a press release from the NDBF. The forms and notifications are available online at the NDBF web site.

Colorado Division of Real Estate clarifies position on Mortgage Broker Contracts

On November 2nd the Division of Real Estate issued a Position Statement on Mortgage Broker Contracts. In the statement, Position Statement MB 1.2, the Director of the Division answered questions related to 12-61-913(1), C.R.S. and 12-61-913(2), C.R.S.

The first issue was the section in the law that states every contract shall be in writing. The industry question was if that meant that a contract was required in every transaction. The Director has determined that is not the case, but rather that any contracts that exist must be in writing. The second question was if individual mortgage brokers need to maintain written correspondent or loan broker agreements with a lender prior to soliciting a contract with a member of the public. MB 1.2 clarifies the requirements for compliance with regards to written correspondent or loan broker agreements between mortgage brokers and lenders.

         >>>Click Here to view the entire Position Statement notice