Did you know that your credit score (as a loan originator) will play a huge part in whether or not you'll be able to get your National Mortgage License?

To be more blunt - you won't be in the mortgage business if your credit score sucks!

One of the "provisions" of the S.A.F.E. Act is the "financial responsibility" rule - and States are required to set a mandatory credit score in order for you to get or maintain your state and national license. They have also added an individual "surety bond" provision and the bond price you pay is based on your credit score! A one point difference could mean thousands of extra dollars - just for your surety bond.

You know it takes TIME to get those credit scores increased to an acceptable level. If you have had credit problems in the past, you need to be proactive and start the process now - or you'll be out of a job. Even if your credit score is great, there are "Red Flag Triggers" that may still trip you up.

Here's what you will learn:

• The difference between a "registered" and "licensed" loan originator.
• How the Unique Identifier Number will be used.
• How Background Checks will be conducted.
• What "Red Flags" on your credit report that will trigger a manual review.
• How your credit score will affect what you pay for your surety bond.
• Tips on how to improve your credit score.
• Resources to help you increase your credit score.

Free Downloads:

• S.A.F.E. Act (Federal Register Version)
• S.A.F.E. Act (Summary Version)

About Linda Ferrari

Linda Ferrari is a leading nationwide expert in the credit education and scoring industry. Focused on education first, Linda's company, Credit Resource Corp. has provided credit information and in-depth repair to thousands of individuals. In doing so, Linda has orchestrated higher credit scores and better financial opportunities and futures for American families - and she can do the same for your readers & audience.

Linda is the author of "The Big Score: Getting It & Keeping It - Buying Power for Life". View the chapter list.

Linda has dug into more than 14,000 credit reports. Her comprehensive knowledge of the credit reporting industry reveals that a full 100% of credit reports contain errors - and 80% of those errors are severe enough to cause a drop in the credit scores costing consumers $20 billion dollars of unnecessary interest and penalties every year.

Linda is a regular guest on San Diego's 1700AM Biz Fit radio show. She has also appeared on 97.1 KLSX Making Money, Talking Dollars and Making Sense, and Vegas Investors Edge. She also provides expert credit advice at seminars and conferences, nationwide, for both the public and private sectors. Linda's broad depth of knowledge and ability to respond quickly enable her to respond quickly and effectively to a wide spectrum of credit concern. Linda's unique approach sheds light on many misconceptions about credit scoring, frequently with quick real-life remedies that can instantly make credit scores shoot up 50 to 100 points or more. This skill makes Linda Ferrari a true crowd pleaser.