 | The new Loan Officer Achievement Certificate is the first level of a nationally recognized certification for Residential Loan Officers that demonstrates to consumers and the industry alike that the holder is a qualified, proven, high-quality professional.
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Candidate Profile
- Individuals new to the mortgage industry.
- Individuals just beginning their education or training in residential mortgage loan origination.
CLO Learning Path
The Loan Officer Achievement Certificate is the first level (Level I) in the Certified Loan Officer (CLO) learning path.
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| | Achievement Certificate
| Professional Certificate
| Specialist Designation
| Professional Designation
| Master Designation
| | Loan Officer
(CLO Level I)
| Loan Officer
(CLO Level II)
| Certified Loan Officer (CLO)
| Certified Mortgage Banker (CMB)
| Master CMB
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Achievement Certificate Requirements
| Experience Level: | A minimum of one year industry experience is recommended. | | Prerequisites: | If you have less than one year of experience in the residential real estate finance industry, it is recommended that you complete a mortgage banking overview course, such as our web-based Mortgage Banking Primer, prior to beginning the program. | | Education Requirement: | Yes | | Participation Requirement: | No | | Written Exam: | Yes, at the completion of each course. In addition, you must take and pass the CLO Level I comprehensive exam. | | Oral Exam: | No | | Continuing Education: | No |
The Process
1. Enroll in the Loan Officer Achievement Certificate program. You can enroll online, or via mail, or fax.
Registration Fee
MBA Member: $100
Nonmember: $150
Online Registration
Loan Officer Achievement Certificate
Fax, Mail, or Express Mail Registration
Download the PDF Certificate Enrollment Form to register by fax, mail, or express mail. Fax to (202) 721-0194.
The cost of courses is not included in the enrollment fee. Certificate and designation enrollments fees are non-refundable and non-transferable.
2. Complete the coursework. Complete the following five web-based courses:
- Ethics in Mortgage Lending (IA)*
- Fair Lending Essentials (GA, IL, IA, KS, MT, NV, NY)*
- Fraud Detection and Deterrence (IL, NV, NY)*
- Mortgage Banking Primer (AL, IL, ID, KS, KY, MN, MI, NY, SC)*
- Origination Basics (GA, KS)*
*State abbreviations listed next to required courses (above) indicate where those courses have been approved for state continuing education.
3. Pass the test. When you have completed the required courses, you may take the CLO Level I comprehensive exam.
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