4 Hour OR SAFE: Understanding Oregon Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10977]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10977
This 4-hour Oregon 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 four (4) 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 Licensing and Renewal Requirements, Required Conduct and Prohibited Acts, Mortgages and Trust Deeds, and the Oregon Mortgage Fraud Prevention Act. By the end of the course you will be able to:
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- Know Oregon’s definition of residential mortgage loan, and how it differs from TILA;
- Describe when a company may allow a MLO to originate Oregon loans.
- Explain Oregon’s restriction on originating for more than one mortgage banker/broker.
- Recognize the licensee’s obligations for keeping the NMLS record up-to-date and responding to deficiencies timely.
- Discuss Oregon’s rate-lock disclosure form;
- Identify the disclosures that are required to be provided in a language other than English;
- Describe the limitations on negative amortization loans;
- Discuss the special disclosure for reverse mortgage loans;
- Know that MLO is required to sign initial and final loan applications;
- Explain the requirements for handling of client funds, including determining when funds are considered trust funds, refunds of funds as well as manner of deposit and disbursement of trust funds.
- Know the requirement to keep copies of correspondence with applicants;
- Demonstrate the advertising requirements and prohibitions;
- Explain the definition of dishonest, fraudulent, unfair and unethical practices and prohibited activities for loan originators.
- Discuss the use of assumed business names as set forth in OAR 441-860-0025.
- Identify the limitations on the use of certifications or professional designations for mortgage loan originators included in OAR 441-870-0081.
1 Hour OK SAFE: Understanding Oklahoma Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10958]
Course Format: OSS (Online Self-Study)
Credit Hours: 1 Elective PE Credit
NMLS Approval #10958
This 1-hour Oklahoma 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 including but not limited to Internet Explorer, Netscape, and Firefox. We do recommend using Google Chrome with the latest Adobe Flash Player enabled.
Additionally, this course is delivered in two (2) 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 1-hour Oklahoma 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.
This course will cover key topics such as Uniform Consumer Credit Code and the Oklahoma SAFE Act. By the end of the course you will be able to:
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- Understand the provisions of the Uniform Consumer Credit Code;
- Understand licensing requirements, prohibited acts, and required behaviors
4 Hour OH SAFE: Understanding Ohio Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10979]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10979
This 4-hour Ohio 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 five (5) 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 Ohio Law and Regulations, License Law and Regulation, Compliance, Disciplinary Action, and the Ohio Consumer Sales Practices Act. By the end of the course you will be able to:
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- Understand the role and authority of the DFI in Ohio;
- Be familiar with licensing, renewal, and education requirements;
- Develop an awareness of the prohibited acts and practices outlined in the Ohio Residential Mortgage Lending Act;
- Understand the record retention and reporting requirements of a licensee
4 Hour NC SAFE: Understanding North Carolina Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10945]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10945
This 4-hour North Carolina 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 four (4) 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 License Law and Regulation, Compliance, Disciplinary Action, and North Carolina Mortgage Product Options. By the end of the course you will be able to:
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- Understand what requirements must be met to obtain a license;
- Understand the importance of the Commissioner and what powers are afforded to them;
- Understand that licensees must meet certain expectations to maintain their license
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:
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- 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
3 Hour NM SAFE: Understanding New Mexico Mortgage Law Online Self-Study Pre-Licensing Education [Course #11089]
Course Format: OSS (Online Self-Study)
Credit Hours: 3 Elective PE Credit
NMLS Approval #11089
This 3-hour New Mexico 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 five (5) 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 Massachusetts License Law and Regulation, Consumer Protection, and Unique State Areas. By the end of the course you will be able to:
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- Become familiar with the regulations and authority associated with mortgage licensing in NM;
- Understand how to obtain and maintain a mortgage license in NM;
- Learn the financial responsibilities associated with having a license;
- Understand prohibited acts and practices and the penalties associated with non-compliance
4 Hour NJ SAFE: Understanding New Jersey Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10971]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10971
This 4-hour New Jersey 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 four (4) 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 the NJ Department of Banking and Insurance, State Law and Regulation Definitions, License Law and Regulation, Compliance, and Disciplinary Action. By the end of the course you will be able to:
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- Be familiar with mortgage oversight regulation and authority in NJ;
- Know how to obtain and maintain a license in New Jersey (both individual and company);
- Understand the impact of prohibited acts and noncompliance penalties
2 Hour NH SAFE: Understanding New Hampshire Mortgage Law Online Self-Study Pre-Licensing Education [Course #10943]
Course Format: OSS (Online Self-Study)
Credit Hours: 2 Elective PE Credit
NMLS Approval #10943
This 2-hour New Hampshire 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 two (2) 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 Licensing Law and Regulation, as well as Prohibited and Required Conduct and Practices. By the end of the course you will be able to:
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- Know that if an individual loses sponsorship, he or she only has 15 days to obtain a new sponsor or have the license terminated;
- Know that employment history should reflect licensed branch location;
- Explain that NH has a period of 10 years for felonies or financial misdemeanors, which is stricter than SAFE which has a period of 7 years;
4 Hour NV SAFE: Understanding Nevada Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10939]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10939
This 4-hour Nevada 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 four (4) 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 the Nevada Division of Mortgage Lending, Nevada License Law and Regulation, Compliance, and Disciplinary Action. By the end of the course you will be able to:
Understand how the enacted Nevada SAFE Act provisions thoroughly evaluate licensee eligibility;Understand the licensing, testing, and educational requirements of holding a Nevada license;Be aware of the strict prohibitions enacted to protect Nevada consumers;Be familiar with the compliance, disclosure, and advertising requirements associated with holding a license.
2 Hour NE SAFE: Understanding Nebraska Mortgage Law Online Self-Study Pre-Licensing Education [Course #10955]
Course Format: OSS (Online Self-Study)
Credit Hours: 2 Elective PE Credit
NMLS Approval #10955
This 2-hour Nebraska 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 four (4) 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 Definitions, Exemptions from Licensing, MLO Licensing, Qualifications, Bonding, Renewal, Inactive Status, Duties and Prohibited Acts, as well as Administrative Penalties, Civil Enforcement Actions, and Criminal Penalties. By the end of the course you will be able to:
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- Know definitions and exemptions found in the NE RMLA;
- Know about bonding, MLO licensing qualifications, renewal, and inactive status;
- Know administrative penalties, civil enforcement actions, and criminal penalties;
- Know the duties and prohibited acts found in the RMLA;
- Understand application abandonment by the Department;
