TrainingPro Mortgage Education Approved in Maine

TrainingPro, the national leader in mortgage education, recently announced it is now an approved education provider in the state of Maine. TrainingPro now offers state-approved mortgage training material in all 26 states that require continuing education.

TrainingPro will provide initial and continuing education for mortgage professionals conducting business in the state of Maine. Both courses satisfy the new education requirement that went into effect on February 10, 2007. The Maine Office of Consumer Credit Regulations set the education requirements.

• Individuals seeking licensure as a loan officer after January 31, 2008 must complete 16 hours of approved initial education. These individuals must also complete an additional 12 hours of approved continuing education during each following year.
• Individuals already licensed as a loan officer prior to January 31, 2008, must complete 12 hours of continuing education each year, beginning with 2007. The 12-hour course must be completed prior to January 31, 2008.

TrainingPro’s initial education course, "Understanding Mortgage Fundamentals: The Starting Point for Success" includes topics such as modern mortgage practices, ethical principles, predatory lending and Maine mortgage law. TrainingPro’s continuing education course "Enrich Your Business, Elevate the Industry: Profit from Ethical Mortgage Practices" addresses ethical principles, predatory lending, fraud, privacy, TILA and Maine law.

"We are proud to become one of the first approved education providers in Maine," said Christopher Nickerson, CEO of TrainingPro. "As more and more states introduce licensing and education requirements, TrainingPro is positioned to help mortgage companies manage the transition, ensure compliance and provide high quality courses to all mortgage professionals."

TrainingPro is also approved in Alabama, California, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Montana, Nevada, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Utah, Washington, West Virginia and Wisconsin.