Pioneers of Real Estate Education Since 1982

ALABAMA
MORTGAGE LOAN OFFICER PRE-LICENSURE PROGRAM

Course Pricing and Packages

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We have the most industry driven and market trusted courses, accredited by the Alabama State

20 Hour SAFE Comprehensive: MLO Pre-Licensure Course Packages

Bronze Package

20 Hour SAFE Comprehensive: MLO Pre-Licensure Course Packages

Bronze Package

  • Uniform state content
  • General mortgage knowledge
  • Mortgage loan origination activities, including loan inquiry and application process requirements, qualification, closing, and financial calculations
  • The course brings the content to life through a variety of videos and activities allowing students to learn the content, discuss it with an instructor and other students, and apply it to a range of exercises, real-life scenarios, and case studies.

$561 Save
$821

Pass the test or your money back!

Silver Package

20 Hour SAFE Comprehensive: MLO Pre-Licensure Course Packages

Silver Package

  • Uniform state content
  • General mortgage knowledge
  • Mortgage loan origination activities, including loan inquiry and application process requirements, qualification, closing, and financial calculations
  • The course brings the content to life through a variety of videos and activities allowing students to learn the content, discuss it with an instructor and other students, and apply it to a range of exercises, real-life scenarios, and case studies.

$561 Save
$821

Pass the test or your money back!

Gold Package

20 Hour SAFE Comprehensive: MLO Pre-Licensure Course Packages

Gold Package

  • Uniform state content
  • General mortgage knowledge
  • Mortgage loan origination activities, including loan inquiry and application process requirements, qualification, closing, and financial calculations
  • The course brings the content to life through a variety of videos and activities allowing students to learn the content, discuss it with an instructor and other students, and apply it to a range of exercises, real-life scenarios, and case studies.

$561 Save
$821

Pass the test or your money back!

20 Hour SAFE Comprehensive: MLO Pre-Licensure Course Packages

Get your Alabama Loan Officer License

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ALREC APPROVED COURSES

Includes mandatory training courses required by the Alabama Real Estate Commission

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85% FIRST-TIME EXAM PASS RATE

We’ve maintained the highest first-time pass rates in Alabama for the last four decades. Pass the state exam on your first attempt or get your money back — guaranteed.

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4 UNIQUE TRAINING DELIVERY METHODS

Choose from among our unique learning methods — in-person classroom, online zoom and online self-paced, or our new online interactive method to accommodate any lifestyle convenience.

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24/7 EXPERT HELP & STUDENT SUPPORT

Connect with an on-demand real estate professional whenever you need answers or information. We’re available 24/7 via phone, email, text or chat to support your real estate career success.

Master Mortgage Loan Officer Course whenever, wherever

Our instructor-led classes provide complete support and equip you with the right information for your license acquisition.

In-Person Learning

The best education option for students who prefer a traditional, in-person learning format where instructors and students share a learning environment.

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Virtual Learning

Learn Real Estate at a comfortable pace, in an online environment where you can access learning materials and examinations.

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NEW: Online Interactive Learning

Complete quizzes, submit assignments and learn from tenured Real Estate experts in an integrative online classroom experience.

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Online Self-Paced Learning

View on-demand video lessons from virtual Real Estate instructors and receive 24/7 email support for help completing assignments.

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Need More Information?
Reach out to our Student Advisors at (800) 922-2245

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Why Fortune Academy?

300,000+ Trained Professionals
300,000+ Trained Professionals

Fortune Academy is the fourth-ever real estate school approved in South Carolina. We’ve continued to help real estate professionals meet new challenges since pioneering the real estate education space in 1982.

100% Money-Back Guarantee
100% Money-Back Guarantee

Your success is our success. We’ll fully refund your initial costs if you don’t pass your real estate license examination on your first attempt, after graduating from a Fortune Academy program.

State-High Pass Rates
State-High Pass Rates

We’ve helped 85% of our 300,000+ program graduates pass their real estate licensure exam on their first attempt. Our certified instructors make complex curriculums easy to understand, regardless of your real estate experience.

Ease and Convenience
Ease and Convenience

We offer a variety of convenient class schedules with day, evening and weekend classes. Our classes and training courses are accessible anytime anywhere through our mobile friendly education. Our training delivery methods provide flexibility to meet all lifestyle needs.

Our Instructors

The tenured and experienced instructors at Fortune Academy are committed to providing students with the best possible education and are dedicated to helping them succeed. They go above and beyond in their efforts to ensure that every student is well-prepared for a successful career after graduation from our school.

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What Our Students Have to Say About Us

Frequently Asked Question

Have questions regarding the Alabama Mortgage course? We got you covered

a) In General. The term "Mortgage Loan Originator": 3 (i) Means an individual who for compensation or gain or in the expectation of compensation or gain: (A) Takes a residential mortgage loan application; or (B) Offers or negotiates terms of a residential mortgage loan. Read Alabama’s statutes dedicated to the Mortgage Licensing Act for more information. Note: The titles “Mortgage Loan Officer” and “Mortgage Loan Originator” are often used interchangeably, including in the summary above.

According to ZipRecruiter, Alabama Mortgage Loan Officers make approximately $75,000 per year on average as of November 2021. The 75th percentile of earners makes above $87,000, while the bottom 25th makes under $26,000. Just under 10% of MLOs make more than $105,000 in Alabama.

The state of Alabama has experienced growth in recent years, and some metro areas like Mobile have seen an increase of 14% year-over-year. Gains are expected to continue, particularly in cities, as people continue to move for work and resources. This is good news for MLOs as higher home prices translate into larger commission checks.

Established MLOs can make a very good living as an MLO in Alabama. At a commission rate of 1%, MLOs receive an estimated $2,000 payment when working with a house worth at least $200,000. Here are the average commission payouts in a few Alabama locations:

If you’re looking to get in contact with mortgage loan companies to ask about the profession, services, or employment opportunities, you can contact any of the following local businesses:

6 Simple Steps to Get your Alabama Mortgage Loan officer License

According to the real estate license AL requirements, complete the following steps

  • 1

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    REQUEST AN NMLS ACCOUNT

  • 2

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    COMPLETE NMLS-APPROVED PRE-LICENSURE EDUCATION

  • 3

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    PASS THE SAFE MORTGAGE LOAN OFFICER TEST

  • 4

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    COMPLETE STATE AND FBI CRIMINAL BACKGROUND CHECKS

  • 5

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    COMPLETE THE NMLS APPLICATION

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REQUEST AN NMLS ACCOUNT

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COMPLETE NMLS-APPROVED PRE-LICENSURE EDUCATION

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PASS THE SAFE MORTGAGE LOAN OFFICER TEST

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COMPLETE STATE AND FBI CRIMINAL BACKGROUND CHECKS

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COMPLETE THE NMLS APPLICATION