1 Hour MN SAFE: Minnesota State Law Continuing Education (#12571)
1 Hour Minnesota SAFE: Minnesota State Law Continuing Education [NMLS #12571]
Course Format: Online / Self-Paced
Credit Hours: 1 Hour CE
NMLS Approval #12571
This brand new continuing education elective course is approved by the Nationwide Mortgage Licensing System (NMLS) (#12571) and meets Minnesota’s requirement for one (1) hours of Minnesota-specific education. Licensees must complete a minimum of eight (8) hours of certified continuing education (CE) in order to renew licenses. The education must include at least:
- Three (3) hours of federal law and regulations;
- Two (2) hours of ethics which includes fraud, consumer protection, and fair lending issues;
- Two (2) hours of non-traditional lending;
- One (1) hour of Minnesota-specific education.
As this course is brand new, anyone looking to renew their Minnesota MLO license for 2021 can take this course regardless of which Minnesota CE course you may have completed last year. This Minnesota 1 Hour CE course meets Minnesota’s requirement for 1 hour of instruction on Minnesota Mortgage Law and will cover such topics as Residential Mortgage Loans, Required Conduct, Prohibited Acts and Practices, and Penalties.