Part 1 - This course meets the federal mortgage loan originator pre-licensing education requirement and prepares students to take the federal licensing exam component. Attendees interact with materials through presentation and live streaming broadcast of the instructor. The course is presented as a live webinar (classroom equivalent) format. The course teaches the loan originator how to take a thorough, high-quality loan application and explain required disclosures to applicants. Students will learn essential terms, concepts, and math utilized in the mortgage industry. This course includes three hours of training on federal law, three hours of ethical training, two hours of training on non-traditional mortgage products, and twelve hours of additional instruction on mortgage origination. Part - 2 This course is approved by the Nationwide Mortgage Licensing System (NMLS) to meet the N.C. mortgage loan originator pre-licensing education requirement and prepare students to take the N.C. state licensing exam component. This course is required, in addition to the federal component MTG 7200.