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CCTB Primerica Your Rvp You

We Are Not Responsible for the Problems in the Mortgage Industry and The Changes with the Licensing. CCTB Primerica Your Rvp You. BUT……. WE HAVE TO DEAL WITH IT Our Market ,Our Clients , Our Families,Our Teams They are all counting on us! Don’t let the Industry WIN!. What are the effects.

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CCTB Primerica Your Rvp You

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  1. We Are Not Responsible for the Problems in the Mortgage Industry and The Changes with the Licensing • CCTB • Primerica • Your Rvp • You

  2. BUT…….... WE HAVE TO DEAL WITH IT Our Market ,Our Clients , Our Families,Our Teams They are all counting on us! Don’t let the Industry WIN!

  3. What are the effects Positive Negitive New Assoc. (NONE!) Current Rep’s (Change) (Confusion Product) (Confusion Licensing) • Less Licensed Reps to handle a massively growing market • Harder to jump in and out • Better products • Fill the void, build a business

  4. Mortgage Licensing ( New Assoc. ) New Old Prelicensing Class 20 hrs $175 $125 National License App. Fee$ 30 ------ State Exam $ 59 $150 National Exam$ 96 ------ State License Fee $250 $250 Continuing ED 1st Cycle ----$150 Total Cost$610$675 $65 Savings New--No CE is required for your 1st Renewal Cycle Old Licensing procedure CE Required 12-16 hrs -for your 1st Renewal Cycle Note : These figures are based on our interpetation of the new Licensing Laws for Wisconsin and May Change

  5. Current Mortgage Licensed Rep At Renewal time or by Dec 31st 2010 • Complete CE or Take PreLic 20 hrs $175 • Complete National Application ( By March 1st ) $ 30 • Take National Exam ( Aug 1st – Dec 31st ) $ 96 • Pay State Renewal Fee $250 • Possible Take State Exam $ 59 • Extra Cost Don’t Need State Exam -- $126 • Need State Exam -- $185

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