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Updated over 1 year ago,
MLO License Check List
To all the lenders out there (In California) --- I'm looking for some advice
I'm want to get into the world of investing in real estate. But first, I want to fix my income. And by fix, I mean earn a decent one that allows me to begin the journey. I figure since I love learning and talking about real estate so much, I might as well have a career in it. So I've decided to pursue an MLO license. Seems to fit my skill set. However, I'm finding it difficult to find out what exactly is necessary to earn the license at all.
I've, so far, figured out that I can either be licensed through the DRE (which requires I first hold a realtors license) or the DFPI (which doesn't seem as lucrative license to hold compared to DRE). Can anyone confirm? Is there any advantage of one over the other here in California?
What would be the steps needed to complete whichever is recommended?
I appreciate any and all help that is provided. Thank you!