Mortgage loan originator license / exam prep course

[Demjan Van Der Kach]

I wonder if it is worth investing time to get the license or at least to take the exam prep course (20 hrs, $400) if you are planning to "become a private bank" and invest in debt.

I also see the loan processing course is offered locally for $250.

It seems to be a good opportunity to network and better understand the industry.

Well... please share your experience and if it is worth time/money.

On the other hand it would probably be unethical to write personal mortgages/loans being licensed mortgage originator....

Thank you.