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Mortgage ACE Program: Empowering Mortgage Professionals

The Mortgage ACE Program is designed to help businesses focus on their core operations by providing comprehensive mortgage education and exam preparation. Our blended learning approach combines online self-study, classroom equivalents, and interactive sessions to ensure success in the National Licensing Exam.

Your Benefits from Working with Us

Comprehensive Training

Access to a full range of study materials and interactive learning tools.

Expert Guidance

Live instructor-led sessions and office hours for personalized support.

Flexible Learning

Blend of online self-study and classroom equivalent options to fit your schedule.

Exam Preparation

Tailored practice tests and simulations to ensure exam readiness.

Program Overview

1

Planning

Develop a structured study plan focused on test-taking skills and exam content.

2

Blended Learning

Combine online self-study, classroom equivalents, and physical textbooks.

3

Interactive Sessions

Engage in live training, office hours, and discussion rooms.

4

Reinforced Learning

Benefit from instructor interaction coupled with assessments and activities.

5

Monitoring and Feedback

Receive ongoing instructor feedback and progress tracking.

Our Unique Approach

Planning the Process

We focus on studying with the test in mind, developing crucial test-taking skills.

Blended Learning

Our program combines online self-study, classroom equivalents, and physical textbooks for comprehensive learning.

Interactivity

Engage in live training, office hours, discussion rooms, and interactive flashcards.

Parallel Reinforced Learning

Experience instructor interaction coupled with assessments and activities for deeper understanding.

Path to Completion

1

Enrollment

Sign up for the Mortgage ACE Program and access our comprehensive materials.

2

Study

Engage in blended learning through online modules, live sessions, and textbooks.

3

Practice

Take advantage of practice exams, flashcards, and interactive challenges.

4

Assessment

Participate in bootcamps and simulations to gauge your readiness.

5

Certification

Successfully pass the National Licensing Exam and become certified.

Course Syllabus Highlights

Video Presentations

Comprehensive explanations on exam preparation and strategies.

Interactive Learning

Engage with flashcards, games, and challenges for enhanced retention.

Live Instructor Help

Access live office hours and discussion boards for personalized assistance.

Practice Tests

Take 125-question practice tests with immediate feedback and no time limits.

Education Components

Instructor Interaction

  • Overview Webinar
  • NMLS PE: Four 5-hour live sessions
  • Office Hours for personalized help

Exam Preparation Materials

  • General Study Guide (450 pages)
  • Online Activities: Flashcards, Brain Olympics
  • Practice Exams: 125 questions with explanations

Assessments

  • Bootcamps: Five practice exams
  • Final Exam: 625-question database
  • 95% Pass Requirement for readiness

Two-Week Program Schedule

1

Week 1

Focus on core concepts, online modules, and initial practice tests.

2

Weekend

Review and catch-up period, additional study time available.

3

Week 2

Advanced topics, bootcamps, and final exam preparation.

Closing the Loop: Monitoring and Feedback

Formalized Schedule

Structured timeline for progress tracking and assessments.

Online Dashboard

EMS Corporate Portal for real-time progress monitoring.

Instructor Commentary

Regular feedback and guidance from experienced instructors.

Test Material Usage

Track engagement with study materials and practice tests.

EDashEMS - Comprehensive Monitoring

Our EDashEMS system provides a detailed overview of student progress, allowing for real-time monitoring and intervention when needed. This powerful tool helps ensure that every student is on track for success.

Beyond "Pass Rates": Ensuring True Readiness

1
2
3
4
1

Exam Success

Passing the National Licensing Exam

2

Comprehensive Knowledge

Deep understanding of mortgage concepts

3

Practical Application

Ability to apply knowledge in real scenarios

4

Continuous Learning

Commitment to ongoing professional development

Should You Reschedule? Data-Driven Decision Making

Our comprehensive tracking system helps identify when a student might need to reschedule their exam. By analyzing performance across multiple practice tests and simulations, we can provide data-driven recommendations for optimal exam readiness.

Chapter 1: Introduction to Mortgage Lending

SAFE Act Overview

Understanding the key legislation governing mortgage lending.

Key Mortgage Terms

Building a strong foundation with essential industry vocabulary.

Interactive Flashcards

Reinforce learning with engaging digital flashcards.

Chapter 2: Mortgage Lending Basics

Legal Documents

Explore key documents and concepts in real estate ownership.

Industry Structure

Understand how the mortgage lending industry is organized.

Popular Loan Programs

Learn about the most common and important loan options available.

Chapter 3: Federal Lending Laws I

RESPA Overview

Real Estate Settlement Procedures Act essentials.

TILA Overview

Truth in Lending Act key points and implications.

TRID MAP

TILA-RESPA Integrated Disclosure and advertising rules.

LO Comp Rule

Understanding Loan Officer Compensation regulations.

Chapter 4: Federal Lending Laws II

1

ECOA and HMDA

Equal Credit Opportunity Act and Home Mortgage Disclosure Act.

2

FCRA and FACTA

Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act.

3

Privacy Laws

Gramm-Leach Bliley Act and Do Not Call/Fax/Email Laws.

4

Consumer Protection

Homeowners Protection Act and National Flood Insurance Act.

Chapter 5: The Loan Approval Process

1

Application

Assembling the loan application and required documents.

2

Credit Check

Reviewing the Residential Mortgage Credit Report (RMCR).

3

Underwriting

Assessing Credit, Capacity, and Collateral (3 C's).

4

Approval

Final review and loan approval decision.

Chapter 6:
The Appraisal and Loan Closing Process

Appraisal Approaches

  • Cost Approach
  • Sales Comparison Approach
  • Income Approach

Appraiser Independence

Understanding Appraiser Independence Requirements (AIR).

Closing Process

  • Title Insurance
  • Final Documentation
  • Funds Transfer

Chapter 7: Ethics in Mortgage Lending

1
2
3
4
1

Ethical Practice

Upholding the highest standards in mortgage lending.

2

Core Concepts

Understanding fundamental ethical principles.

3

Legal Compliance

Aligning ethics with federal lending laws.

4

Continuous Improvement

Striving for ethical excellence in all interactions.

Chapter 8: Mortgage Math and Finance

Basic Calculations

Understanding principal, interest, and payment structures.

Advanced Concepts

Exploring amortization, APR, and loan-to-value ratios.

Financial Analysis

Interpreting financial statements and credit reports.

Practical Applications

Applying math concepts to real-world mortgage scenarios.

Hopeful Hands of Jesus for Kids!

At Loormax Overall Agent Marketing System, we believe in giving back and making a positive impact in the lives of others.

That’s why 10% of the net proceeds derived from our program are donated to support Christian Children’s Charities.

These contributions help provide hope, resources, and brighter futures for children in need, guided by faith, compassion, and the teachings of Jesus Christ.

Through your support, children are empowered to live their lives embraced by the LOVE of JESUS, learning His values of kindness, forgiveness, and hope.

Thank you for partnering with us to make this mission possible.

Together, we’re creating opportunities that truly matter, while inspiring young lives to grow in FAITH and LOVE.

"Whoever welcomes one such child in my name welcomes me" 
Matthew 18:5

""I can do all things through Christ who strengthens me,"
Philippians 4:13