- How do I obtain a replacement certificate, if I have misplaced the original?
For entry-level certificates: Replacement certificates from AMP for proctored test completed after May 1, 2007 can be obtained by contacting AMP directly at http://www.goamp.com or calling 800-345-6559. Replacement certificates from Serebra/CompUSA for Proctored testing between January 1, 2006 and April 30, 2007 can only be obtained by contacting Tech Support at: Timothy.Toth@serebra.com or by calling 604-676-5480 x 234 during normal business hours. A proctored test was not required prior to December 31, 2005 for entry-level courses. For duplicate certificates contact the course provider directly, if the course was completed prior to January 1, 2006.For Continuing education certificates: Replacement certificates can only be obtained by contacting the course provider directly.
- I am a mortgage loan originator and need to get my education to originate loans in Oregon. What do I do?
To determine whether you need, Entry Level or Continuing Level Education, for a list of approved courses Click here .
- What are the cost of the entry level and/or continuing level education courses in Oregon?
MLEB is not a course provider, we do not have charges. Contact the individual course providers to answer your question. Click here for approved courses and providers.
- What courses will satisfy my education requirements for Oregon?
Only those courses which have been certified by MLEB as Entry-Level or Continuing Education will meet the requirements. For a list of certified courses Click here.
- I need education requirements for loan officer education. What are the specific requirements such as credit hours, course requirements, etc.?
You will need to go to the website of the State of Oregon at http://www.cbs.state.or.us/dfcs/faqs/faq_pages/mortgage.html
- My Mortgage Broker/employer says I have to do the entry-level course even though I've got 3.5 year experience as a loan originator. How can he/she force me to do this?
Technically speaking the law requires you to complete 20 hours of continuing education every 24 months. However, as long your mortgage broker /employer is requiring more stringent compliance than the law, it becomes "company policy" which is determined by your company's management.
- I have taken several classes over the past two years. May I apply any of those courses to the entry-level requirement or the continuing education requirement?
No. Unless the courses were certified by MLEB they cannot be applied toward Oregon education requirements.
- There is a company which is offering an FHA/VA training course. Can I take their course and get credit later?
Only those courses and course providers which have been certified by the MLEB can be applied toward your education requirements. If the company offering this course has not been certified at the time you take the course, it cannot be used as credit toward the education requirements even if they are certified at a later date.
To determine if the course is approved by the MLEB click here.
- My Mortgage Broker/employer gives loan originators classes weekly. Can I use those courses to meet the entry-level or continuing education requirements?
You may use those courses only if your Mortgage Broker/employer and the courses have been certified by the MLEB.
To determine if the course is approved by the MLEB click here.
- What should I look for in the advertisements of classes being offered to assure that they will go towards my education requirements?
Look for the MLEB Approved Course Number. To verify if the course is approved by the MLEB click here.
- Where can I get more information about Education for mortgage originators in Oregon?
Visit the State of Oregon, Department of Consumer & Business Services website at:
http://www.cbs.state.or.us/dfcs/faqs/faq_pages/mortgage.html
