Spring 2020 classes have resumed online.
Please visit dcccd.edu/coronavirus for additional information and to learn how to prepare for online classes.

Mortgage Banking at North Lake

The Mortgage Banking program at North Lake will prepare you for a wide range of career opportunities. Our faculty draw on their knowledge and experience to ensure student success.

Why study at North Lake? Ours is the first and oldest Mortgage Banking associate degree program in the country. Created in 1991, the program was the result of requests from industry leaders to provide specialized education for entry- and higher-level positions in the mortgage-lending field.

Thanks to faculty with decades of industry experience, North Lake students have access to national scholarship programs, job databases, career resources, and free online courses from the Mortgage Bankers Association.

Professional Scholarships

The Dallas Mortgage Bankers Association Scholarship is a permanent endowment administered by the DCCCD Foundation that awards up to $625 each Spring or Fall semester or $312.50 per Summer semester (Summer I and Summer II) to students planning to major in Mortgage Banking at North Lake College. See the Dallas Mortgage Bankers Association Scholarship Web page for specific criteria and an application form.

Related programs and more information

Financial Services Professional Certification  

Start your journey towards becoming a successful financial service professional with our Financial Services Certification program. Professionals with years of experience in the finance industry teach courses such as: 

  • Introduction to Financial Advising
  • Principles of Real Estate
  • Mortgage Lending
  • Money and Financial Matters
  • Selling Bank Products 

Convenient Options for Busy Professionals 

Too busy to attend class on campus? All Mortgage Banking courses are offered online at some point during the academic year. You could earn your entire degree or certificate online.

For busy professionals who want course knowledge without the pressure of earning grades, North Lake also offers Mortgage Banking classes as concurrent Continuing Education classes.

Transfer Information

Earning a Mortgage Banking associate degree or one of the program's certificates can jump-start your entry into the workforce, so that you can begin earning money right away.

However, the associate degree can also serve as a stepping stone to a four-year degree. The DCCCD has an official transfer agreement with Texas A&M University-Commerce, in which the entire Mortgage Banking associate degree transfers to its bachelor's degree of applied science, providing a minor in mortgage banking.

If you are interested in earning a degree at a four-year institution, please visit the Transfer Services website for guidance on the transfer process or check with the institution where you plan to earn a bachelor’s degree.

Earn or Renew a Texas Mortgage Broker or Loan Officer License

The Texas Department of Savings and Mortgage Lending, an agency of the Finance Commission of Texas, regulates licensure of mortgage brokers and loan officers doing business within the state.

In Texas, a mortgage broker is defined as any individual who receives an application from a prospective borrower to attempt to obtain a mortgage loan. All licensed mortgage brokers and loan officers in Texas must be also be registered with the National Mortgage Licensing System as well as any of those wishing to pursue a license in Texas.

Real estate brokers and salespeople are not exempt from the MBLA. If you are brokering first lien mortgage loans, you must apply for and establish that you meet all of the multiple criteria for a mortgage broker license. Under the statute, a real estate broker’s license fulfills the experience requirement, but a real estate sales license does not.

If you are not currently licensed as an active real estate broker in Texas (for instance, if you are licensed in another state or your Texas license has lapsed), you would not meet the experience requirement for a Texas mortgage broker license.