3 Hour New York SAFE: Understanding New York Mortgage Law (ID#10973)
3 Hour NY SAFE: Understanding New York Mortgage Law Online Self-Study Pre-Licensing Education [Course #10973]
Course Format: OSS (Online Self-Study)
Credit Hours: 3 Elective PE Credit
NMLS Approval #10973
This 3-hour New York Mortgage Law pre-licensing education course is conducted in an online setting. Students are able to move through online courses at their own learning pace. My Mortgage Trainer, Inc. uses their Learning Management System (LMS) which supports multiple browsers.
Additionally, this course is delivered in three (3) modules of content and can be accessed at any time. The course will utilize case studies and practice quizzes to help you better comprehend the course material. As required by the NMLS, the class completes with a final exam and survey.
This course will cover key topics such as High Cost and Subprime Loans, and MLO Licensing and Required Behaviors. By the end of the course you will be able to:
- Understand licensing requirements in New York;
- Be familiar with New York compliance in the mortgage industrty;
- Know and understand prohibited conduct and practices in New York;
- Understand New York’s disciplinary actions for the mortgage industry