OnCourse Learning

What OnCourse Learning does

OnCourse Learning, operating as OCL Financial Services LLC, is a U.S.-based professional education provider specializing in NMLS-approved mortgage pre-licensing, continuing education, and compliance training. Founded in 2007 and headquartered in St. Louis, MO, the company operates as a subsidiary of Colibri Group, a private parent focused on professional education for regulated industries. Its primary audience is individual mortgage loan originators (MLOs) seeking initial licensure and annual CE credit, with secondary audiences in commercial banks, credit unions, and non-bank financial services institutions.

Name

OnCourse Learning

Legal name

OCL Financial Services LLC

Website

https://oncourselearning.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

251–500 employees

Short description

OnCourse Learning, a subsidiary of Colibri Group (OCL Financial Services LLC), delivers NMLS-approved mortgage pre-licensing, continuing education, and compliance training to U.S. mortgage loan originators, banks, credit unions, and non-bank financial services via an AI-augmented online learning platform.

Ownership category

akta.pro rank

Product category

Professional Education and Compliance Training

NAICS

Exam Preparation and Tutoring (611691), Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Course Bundle Subscriptions & Learning Membership Marketplaces (EDAFAIAI)

akta.pro secondary industries

Remote & Live Online Proctoring Platforms (EDAFADAB), Asynchronous Tutoring (Q&A, Essay Review, Homework Help) Platforms (EDANAGAC), Corporate/L&D Course Licensing from Creators (B2B Upskilling) (MPACALAH)

Keywords

• Compliance training
• Mortgage education
• Pre-licensing courses
• NMLS approved
• Professional development

Headquarters

HQ city

Brookfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Individual Course Sales: One-time purchases of NMLS-approved pre-licensing and continuing education courses for mortgage loan originators. Courses are purchased individually or in packages.
2. Subscription Services (Mortgage HQ): Recurring subscription model for Mortgage HQ providing ongoing access to mortgage training content. Annual billing with automatic renewal.
3. Exam Prep Tools (Prep xL): Exam prep tool sold as optional study companion, providing 12 months of access to practice questions, flashcards, and practice exams.
4. Webinar Courses: Live and on-demand webinar courses for continuing education and professional development. Instructor-led format with scheduled sessions.
5. OnCourse Rewards Loyalty Program: Customer loyalty program where users earn 1 point per dollar spent on purchases. Points can be redeemed for discounts on future purchases ($10 reward per 400 points).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

OnCourse Learning provides NMLS-approved pre-licensing, continuing education, and compliance training courses for mortgage loan originators, banks, credit unions, and non-bank financial services organizations. The company delivers its content through an online learning platform featuring self-paced courses, live webinars, an AI-powered study assistant (Rubi AI), and an adaptive exam prep tool (Prep xL), with automated credit reporting to the Nationwide Multistate Licensing System.

Product overview

OnCourse Learning is a multi-product education platform offering training solutions across financial services industries. The core portfolio includes mortgage training (NMLS-approved pre-licensing and continuing education via Mortgage HQ), bank training, credit union training, and non-bank financial services training. AI-powered features include Rubi AI learning assistant and AI study partner integrated into Prep xL exam prep tool. Additional offerings include Mortgage HQ subscription service, OnCourse Career Pathways referral program, OnCourse Rewards loyalty program, and MLO Test Ready with pass guarantee. The platform is part of Colibri Group and has trained over 300,000 mortgage professionals.

Differentiator

Problem solved

Functional benefit

Brands

• Rubi AI: AI assistant built specifically for mortgage education and compliance. Helps with course selection, licensing requirements, and serves as a study partner in Prep xL exam prep platform.
• Prep xL
• Mortgage HQ
• OnCourse Rewards
• OnCourse Career Pathways

Products and services

• Mortgage Training NMLS-approved pre-licensing, continuing education, compliance, and professional development courses for Mortgage Loan Originators, including the 20-hour SAFE Comprehensive course and state-specific education.
• Bank Training 950+ compliance training and professional development courses for banking professionals covering regulatory requirements and industry best practices.
• Credit Union Training 925+ compliance training courses designed specifically for credit unions, addressing credit-union-specific regulatory compliance and professional development.
• Non-Bank Training Online compliance training and professional development courses for the non-bank financial services (NBFS) lending industries.
• Prep xL Exam Prep Personalized exam preparation tool with adaptive learning technology, 3,000+ practice questions, 800+ flashcards, and 11 practice exams for the NMLS SAFE MLO Exam, with 12 months of access from purchase.
• Mortgage HQ Subscription Annual subscription providing mortgage professionals ongoing access to training content within a personalized Mortgage HQ portal with automatic renewal.
• Rubi AI AI-powered learning assistant built for mortgage education and compliance. On the website it guides course selection and licensing requirements; inside Prep xL it acts as a study partner generating practice questions, flashcards, and personalized study plans.
• AI for MLOs Certificate Certificate program designed to help mortgage professionals apply AI in their business operations.
• OnCourse Career Pathways Career referral program connecting newly licensed MLOs enrolled in the 20-hour SAFE Comprehensive course with approved mortgage lenders and brokers for potential employment opportunities.
• MLO Test Ready Comprehensive NMLS exam training experience with pass guarantee, including 12 hours of Prep xL self-study across a 10-day period, group sessions, and a $50 rebate on sharing exam results.
• OnCourse Rewards Customer loyalty program where users earn 1 point per dollar spent on purchases, redeemable for discounts on future purchases, with bonus points for social engagement, birthdays, and Mortgage HQ subscription.

Quantifiable outcome

• 300,000+ mortgage professionals trained nationwide
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Colibri GroupcoreStrategic or Co-development Partner · 27 May 2026OnCourse Learning is a subsidiary of Colibri Group, a professional education company. The launch of AI tools in May 2026 is part of Colibri Group's broader strategy to integrate artificial intelligence into professional education across regulated industries.
• WeSaluteminorGTM or Marketing PartnerWeSalute partnership provides veterans and military personnel with 33% discount on mortgage courses. Veterans can verify military affiliation through WeSalute to access exclusive pricing on NMLS-approved pre-license and state-specific courses.
• ZoomcoreTechnology or IntegrationOnCourse Learning uses Zoom to host all their webinars. The platform provides the webinar infrastructure for live instructor-led mortgage education courses with webcam requirements and identity verification.
• NMLS (Nationwide Multistate Licensing System)coreTechnology or IntegrationNMLS is the regulatory database for mortgage loan originators. OnCourse Learning is an NMLS-approved course provider that transmits completion records to NMLS within 7 days (typically 24-48 hours) of course completion. Course completions are credited and banked with NMLS.
• Mortgage Lenders and Brokers (OnCourse Career Pathways)minorChannel Partner/ Reseller/ DistributorBusiness partners (mortgage lenders and brokers) participate in OnCourse Career Pathways program. Students who opt in have their contact information shared with approved lenders and brokers for potential job opportunities. Participation is free and voluntary with purchase of the 20-hour SAFE Comprehensive course.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Kaplan Financial Education: Kaplan's financial services education arm provides NMLS-approved mortgage pre-licensing, CE, and FINRA exam prep. Directly competes with OnCourse Learning in MLO licensing and continuing education with overlapping content and AI-augmented study tools.
• 360training: 360training is a major online provider of regulatory and continuing education for financial services, mortgage, banking, and other regulated industries. Competes head-on with OnCourse Learning's bank, credit union, mortgage and NBFS tracks via similar self-paced and enterprise channels.
• WebCE: WebCE provides online continuing education and exam prep for insurance and financial services professionals. Compares on regulated-industry CE delivery, state-specific content, and enterprise compliance training sold to carriers and financial institutions.
• ExamFX: ExamFX delivers online study materials and pre-licensing prep for insurance, securities, and mortgage professionals. Closely overlaps OnCourse Learning's license-prep, practice-question, and adaptive study product suite.
• Career WebSchool: Career WebSchool offers online pre-licensing and exam prep courses for real estate, mortgage, and home inspection. Directly competes with OnCourse Learning on NMLS-approved mortgage and home inspection education with similar online delivery and partner programs.
• Real Estate Express: Real Estate Express is a Colibri Group sister brand offering online real estate pre-licensing and continuing education. Comparable business model, content library, and AI-augmented study tools within the same regulated professional education vertical.
• Compliance Training Group (ABA / Compliance Resource Center): CTG provides online compliance, regulatory, and ethics training for banks, credit unions, and financial services institutions. Comparable content library and enterprise compliance training motion to OnCourse Learning's Bank and Credit Union tracks.

Broad incumbents

• Colibri Group: Colibri Group is the parent of OnCourse Learning and operates a diversified portfolio of regulated professional education brands across financial services, real estate, and healthcare. Relevant as the strategic owner driving shared AI/identity-verification investments across all subsidiaries.

Emerging players

• Pass the Mortgage Exam (NNMLS / Platinum Capital): Niche NMLS-approved mortgage exam prep specialists with focused SAFE MLO test prep content. Overlaps with Prep xL and MLO Test Ready on exam-prep use cases for first-time MLO candidates.
• SAFE Credit Certification: Smaller NMLS-approved mortgage education provider offering pre-licensing and CE courses with a direct-to-consumer focus. Competes with OnCourse Learning on price and content within the same regulatory framework.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/quickcert
• Facebookfacebook.com/OCLearning

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OnCourse Learning