1. Call us at 888-341-7767 and one of our knowledgeable staff will be happy to register you over the phone and answer any questions you may have.
   
2. Click on the date you wish to attend class on the calendar featured on this page. It will take you to a registration page for that specific date. There you can get venue and time information as well as register yourself for a class.
   
3. Mail in a copy of a completed registration form. Click on the Registration Form button to the left of the calendar, print the form, fill it out and mail it to us at the address on the form (PO Box 780, Summerfield, NC 27358).
   
4. Fax in a copy of a completed registration form. Click on the Registration Form button to the left of the calendar, print the form, fill it out and fax it to our secure fax 800-773-4187 (all faxed registrations are destroyed once the information is put into our secured database).
   
   

exclusive testing and grading mechanism

1. Either go to www.psiexams.com or call them at 800-733-9267 to register.
   You must specify that you are interested in taking the North Carolina Commissioner of Banks Exam. Do not say mortgage or real estate exam as it will cause confusion.
   
   Occasionally the dates are available on their web site, but generally you will NOT be given any information about the times, dates or availability until you have paid the $100 examination fee.
   
   
2. Register for the date, time and city that is most convenient for you.
   Note: Make sure that you register yourself in the same name that you have on two forms of identification, one of them being your photo ID (Must be exactly the same on both).
   
   
3. You will need to tell them that the school code is 0120. You must also tell them you need to take the "North Carolina Commissioner of Banks Exam." (NOTE: Until November 30th, 2008, there may be some confusion as they will be offering both the old 60 question exam as well as the new 100 question exam. If you took your education prior to October 1, 2008, your school code is 0106. After October 1st, 2008, you must use school code 0120 and take the longer exam.)
   
   
4. Make sure that you are on time for your exam. You will lose your examination fee if you no-show or if you do not cancel or reschedule a full 48 hours prior to your scheduled test date.
   

• You will not be able to take anything into the test except your mortgage calculator. You will be given a pencil and some scrap paper which you will have to return to the test proctor before you leave the center.
  
  
• Arrive early so that you can familiarize yourself with the computer you will be taking the exam on. They will allow you to go in up to 15 minutes early to go through some practice questions to familiarize yourself with the way the system works.

"Other than an exempt person, it is unlawful for any person in this State to act as a mortgage broker or mortgage banker, or directly or indirectly to engage in the business of a mortgage broker or a mortgage banker, without first obtaining a license from the Commissioner under the provisions of this Article."

"Exempt entities are primarily banks, thrifts, credit unions and their wholly owned subsidiaries. The various bases for claiming exemption are setout in the Mortgage Lending Act, Section 53-243.01(8). Note that employees of exempt entities are also exempt from the MLA's loan officer licensure requirement and will be treated as exempt without filing individually to claim exempt status."

"A Loan Officer is an individual who, in exchange for compensation as an employee of another person, accepts or offers to accept applications for mortgage loans. Employees whose responsibilities are limited to clerical and administrative tasks for his or her employer and who does not solicit borrowers, accept applications, or negotiate the terms of loans on behalf of the employer are not considered Loan Officers and do not require licenses."

"Applicants are subject to investigations of their criminal, civil, educational, employment/business and credit histories. Attach a credit report from one of the following three credit reporting services: Equifax, Experian, or TransUnion. Provision of social security numbers is mandatory and authorized under the provisions of NCGS Chapter 53 in order to conduct these investigations."

"The North Carolina Office of the Commissioner of Banks has contracted with PSI Examination Services (PSI) to conduct the North Carolina Mortgage Loan Officer License examination. PSI provides examinations through a network of computer examination centers in North Carolina. The Commissioner of Banks works closely with PSI to be certain that the exam meets state as well as national requirements in basic principles and examination development standards."