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Illinois Mortgage Broker Pre-License

Mortgage Lending Principles and Practices

This is the right course for you if BOTH are true ...

  • You plan to own or operate an Illinois state-licensed mortgage brokerage company.
  • You DO NOT have the required three years of experience in residential finance.

IMPORTANT NOTE: This is not the NMLS-approved mortgage loan originator pre-license course. Click here if you'd like to become a state-licensed loan originator.

The mortgage broker pre-license course satisfies the experience requirements outlined by the Illinois Residential Mortgage License Act of 1987.

This self-study course covers:

  • Economics of Mortgage Lending
  • Types of Loans and Mortgage Instruments
  • Origination
  • Processing
  • Government Insurance and Guarantee Programs
  • Private Mortgage Insurance
  • The Secondary Mortgage Market
  • Fair Housing and Equal Credit Opportunity
  • And More. . .
Enroll Now
24 Hour(s) Pre-License Education
Tuition: $285.00


  1. Your course tuition includes the following at no extra charge:
    • Course instructions, procedures, and policies.
    • Your username/password that is required to access online course materials.
    • Course textbooks, lesson assignments, proctored final exam and certificate.

Mandatory Regulatory Fee(s):

The regulatory agency to which we report your course completion(s) may require a credit reporting or other processing fee. Fees are often calculated per-course or per-credit-hour.

Students are required to pay any state-mandated fees in addition to our course tuition.

We do not add any other shipping, processing, or hidden fees.

Download these materials now for free: