Becoming a Alabama mortgage loan officer can open the door to an exciting and lucrative career. The more successful you are, the more referrals you'll get from satisfied customers, until you've spiraled into the Million Dollar Club. And there aren't a lot of careers that provide the opportunity for tax-deductible vacations to exotic places. So get licensed and get going!
You are the elite! You deal with financial calculations that agents and brokers usually shy away from. But you thrive on it. Our self-paced online College Tutor for Alabama Real Estate mortgage loan officer will indulge you. We present math problems with detailed workouts for general Real Estate, financial-, and appraisal math. Our competitors charge extra for this. You will be studying these Topics:
Alabama requires that anybody dealing with the money part of Real Estate transactions must have a license. The mortgage broker designation requires an advanced license. Real Estate licenses are divided into three parts: Sales Assistant, Agent (Realtor), and Broker. The difference lies in the number of courses one has to pass. The Sales Assistant designation usually requires the passing of one course, often called the Real Estate Principles course. It is akin to the one used by Timeshare sales people. If you go to one of their presentations, they are the ones that tell you all about the property, but when it comes to the money part they will never give you the price, they have to callin someone else -- by law.
No school or traveling seminar can claim that they have all their answers tailored just for you. It is not possible. Also, do not be misled by cleverly worded ads that appear to promise that an applicant can take the state exam at the school or over the Internet. Those are just summaries, akin to finals. All applicants must appear in person at a state testing center for the exam.However, with our college level, self-paced online interactive and student directed professional Alabama loan officer license preparation program you can pass your Alabama state exam on your first try because we went further than most classes and textbooks.
We added Legal Aspects and Code of Ethics, plus Community Property and Title Insurance for your appreciation of what other states are doing. Usually the first two are taught in later courses to make your license permanent but some sneak into the basic license exam to keep the pass rate at a 35% to 50% ratio. You will be prepared!
You will find math review questions dealing with acreage, financing and commissions, and a special section for appraisals. These math problems have been carefully worked out in detail and are displayed for you. Nothing is left to guesswork.
To top it all off, we also made sure that you will know when you are ready for your class final or state exam by watching our unique success indicating "Readiness Meter". This meter does not use the grade averaging method used by schools.
Who should use the self-paced online Alabama loan officer licensing College Tutor?
Whether you go to college, take a seminar, study by yourself at home or use our Alabama loan officer license preparation program, you have to set aside time to study. With the Amelox College Tutor you finish your assignments earlier. Saving two to four hours every week for other importantthings in your life can make a big difference, and you don't have to compromise.
Since the Alabama loan officer license program works so fast this is bonus time on top of the better grade and the money saved. Because of the intensive, interactive experience (did you ever fall asleep while being interactively involved with the Internet?), the material is easier and longer retained in memory. It may also pay to look at our
References.
A good time saver is to study correctly. We recommend that you look over our
Study Guide. It has tips for really effective studying that most people are not aware of. If you have kids in school or college — this is a must read.
Using your computer has unique advantages over exam preparation books, audio tapes or videos assuring that you pass the state exam on the first try, saving considerable time, effort and money in the process.
| Feature | College Tutor | Other Methods |
|---|---|---|
| Grouped by Topic | 20 Topics, plus the Final. Fully supplements your course | Exam Prep Books: Only for Final or State Exam without chapter selection |
| Number of Questions | More than 1,000 for unlimited practice exam variety | 8 to 10 per chapter, about 150 to 250 total |
| Environment A | Adapts to your textbook | Restricted to the textbook |
| Environment B | Bonus Topics, usually found only in follow-up classes. Click on topics button | Restricted to the textbook |
| Format | Sequences change continuously. Never a dull moment |
A fixed sequence |
| Practice Finals | Unlimited for number of retakes, and each and every one is different |
A fixed number, usually 10 |
| Explanations | If you don't know the answer. (See our demo) | Back of the book — sometimes |
| Wrong Answer | Correct answer shows up immediately | Back of chapter — sometimes |
| Accidental Correct Answer | Explanation shows with click of mouse | Nothing — not possible |
| Math Questions | All worked out with detailed explanations.
Includes a short math primer for calculating interest rates and amounts. |
Answers without details. Some companies require additional purchase. |
| Key-Word Search | Instantly find pages that contain a specific word or phrase | Back of book |
| Feedback | Immediate | Back of chapter — sometimes |
| Success Indicator | Our unique Readiness Meter | You are on your own |
| Tracks Scores | Yes: Elapsed time, #correct, %correct | No: Not possible |
| Speed | Up to 200 questions per hour, or as fast as you can read |
Considerably slower, requires manual scoring |
| Missed Questions | Redo only the ones you don't already know | Always restarts from the beginning |
| Certificate of Accomplishment | Print yourself a nice certificate. Hang it on the wall or send it to the state as evidence of your work |
No waiting. Prints right from your computer |
| For the Final: Anxiety Reduction | Interspersed interesting facts in TimeOut panels that require no answer. Relax for a spell. | Nothing |
| Rote Memorization | No: Random selection of questions | Possible: Small quantity, easily memorized |
| Retention | Our interactive program keeps you alert. Know anyone who fell asleep at the computer? Information is retained more efficiently. |
Lie on the couch — read a book — fall asleep! |
| Special Information | In Read-me file. Info not found in textbooks | None |
This classroom tested, teacher approved Alabama loan officer license program (College Tutor) features 1,000 quality questions with answers, sorted into 13 professional topics. All questions are selected at random, so each exercise is different. Once the various topics are mastered a student goes through the full trial exams in record time. Only the previously missed questions are offered for an efficient retake. The number of 'final' reviews is practically infinite. No two review sequences are alike. You are not limited to a fixed number of finals. Take as many as you want. To experience the flavor of the College Tutor and to see examples of Alabama loan officer/Real Estate license preparation questions click here:
Income Property Evaluation
If you come across loan requests for income property in your portfolio, such as multi-dwelling apartment houses, small shops, restaurants, stores, and the like, there is extra income to be had. However, that also presents much work for evaluating and presenting the findings to prospective clients. Take heart, you are at the right address for help.
Amelox has created a sophisticated spreadsheet program that runs in Window’s Excel, or Corel’s Quattro Pro. Not only does it organize all the numbers so you do not forget anything important, this program also does all the calculations, such as loan amortizations for up to 15 years, depreciation schedules, and before and after tax savings. But most importantly, you are presented with three rows of Discounted Return-On-Investment (DROI) figures that bring your various income property evaluations on equal footings for fair comparisons. We also did not forget to compare it against secure Government Bonds. This program does the work only a seasoned CPA would undertake. On the open market it is worth many times what you are paying for your Broker Tutor. However, as our valued customer it is free to you. Grab it while it lasts!
If you value your time — here is what to do:
Order your professional Alabama mortgage loan officer license preparation program now for that warm feeling of accomplishment. That swimming pool in the backyard for the kids may be just a few (re)financing commission checks away if you act now and follow through!
The College Tutor may be installed on several computers such as in your home, office, and on a laptop for travel.
Whether you are only 7 years old or are pushing 70, learn superior study insights and skills with the Study Guide available on this web site.
Questions?
For general questions about the Real Estate Tutor please click on
Tutor Questions
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ISBN 978-0-9712358-0-9
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