CATEGORY: Minnesota CE Courses

2024 1 Hour Minnesota SAFE: CE Update for Minnesota MLO’s (#15697)

Course Access: Lifetime
Course Overview

1 Hour Minnesota SAFE: CE Update for Minnesota MLO’s [NMLS #15697]

Course Format: Online / Self-Paced
Credit Hours: 1 Hour CE
NMLS Approval #15697

 

 

This brand-new continuing education
elective course is approved by the Nationwide Mortgage Licensing System (NMLS)
(#15697) 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 in 2024 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, Standards of Conduct, Disclosures, and Advertising, as well as Prohibited Acts and
Practices, and Penalties.