1 Hour CT SAFE: Understanding Connecticut Mortgage Law Online Self-Study Pre-Licensing Education [Course #10969]
Course Format: OSS (Online Self-Study)
Credit Hours: 1 Elective PE Credit
NMLS Approval #10969
This 1-hour Connecticut 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 the Connecticut Abusive Home Loan Lending Practices, General Mortgage Statutes, and Other Mortgage and Loan Practices. By the end of the course you will be able to:
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- Understand the license and application requirements for Connecticut;
- Learn how to maintain a license in Connecticut;
- Be able to identify prohibited acts and practices;
- Understand what conduct is required.
2 Hour CO SAFE: Understanding Colorado Mortgage Law Online Self-Study Pre-Licensing Education [Course #10953]
Course Format: OSS (Online Self-Study)
Credit Hours: 2 Elective PE Credit
NMLS Approval #10953
This 2-hour Colorado 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 the Colorado Department of Regulatory Agencies, Colorado Law and Regulation Definitions, Colorado License Law and Regulation, Compliance, and Disciplinary Action. By the end of the course you will be able to:
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- Understand the license and application requirements for Colorado;
- Learn how to maintain a license in Colorado;
- Be able to identify prohibited acts and practices;
- Understand what conduct is required.
4 Hour AZ SAFE: Understanding Arizona Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10940]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10940
This 4-hour Arizona 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 Arizona Unique State Laws and Policies. By the end of the course you will be able to:
Articulate the prohibited acts for a mortgage loan originator licensed with the Arizona DFI (A.R.S. 6-991.02).
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- Understand the requirements for marketing and advertisements – A.R.S. 6-991.02(C), and (N) as well as marketing/advertisement requirements for mortgage brokers and mortgage bankers – A.R.S. 6-909(C); 6-903(P); 6-943(N); 6-947(D);
- Know the minimum loan amounts allowed under Arizona Revised Statutes Title 6, Chapter 9, Articles 1 and 2;
- Explain the requirements for license renewal. Define the Inactive Status and identify its use. Understand the requirements for address changes. – A.R.S. 6-991.04
4 Hour WA SAFE: Understanding Washington Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10980]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10980
This 4-hour Washington 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 the Washington Mortgage Brokers Act, the Consumer Protection Act, and the Escrow Registration Act, the Usury Act, and Unfair Practices. By the end of the course you will be able to:
- Understand the requirements for obtaining and maintaining a mortgage license in WA;
- Review and understand the prohibitions and expected behavior associated with maintaining a license;
- Review the requirements for reporting and notification of change in licensing status
4 Hour WV SAFE: Understanding West Virginia Mortgage Law On-line Self-Study Pre-Licensing Education [Course #10949]
Course Format: OSS (Online Self-Study)
Credit Hours: 4 Elective PE Credit
NMLS Approval #10949
This 4-hour West Virginia 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 six (6) 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 WV DFI, Licensing, Residential Mortgage Loans, Conditions and Limitations of Certain Mortgage Transactions, Disclosures and Advertising, and Disciplinary Action. By the end of the course you will be able to:
- Describe the tangible net benefit requirements and demonstrate proper completion of the WV statutorily required form;
- Know the late payment penalty maximum charge of $30, and describe the requirement that this be disclosed correctly on all loan disclosures;
- Explain the loan-to-value limitation of 100% unless program is specifically exempted by statute;
- Know that no application fees may be collected. Explain that third-party pass-through fees may be collected for the actual amount of the service provided.
2 Hour VT SAFE: Understanding Vermont Mortgage Law Online Self-Study Pre-Licensing Education [Course #10988]
Course Format: OSS (Online Self-Study)
Credit Hours: 2 Elective PE Credit
NMLS Approval #10988
This 2-hour Vermont 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, High Rate Loans, Financial Privacy, Debt Protection, Reverse Mortgages, and The Vermont Consumer Fraud Act. By the end of the course you will be able to:
- Understand how to become and maintain an MLO license under the VT Licensed Lenders Act;
- Understand what types of activities licensees are prohibited from engaging in;
- Be familiar with the mortgage broker agreement and what must be included in the agreement;
- Have an understanding of revere mortgages, financial privacy, and the VT Consumer Fraud Act
2 Hour TN SAFE: Understanding Tennessee Mortgage Law Online Self-Study Pre-Licensing Education [Course #10952]
Course Format: OSS (Online Self-Study)
Credit Hours: 2 Elective PE Credit
NMLS Approval #10952
This 2-hour Tennessee 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 The Tennessee Residential Lending, Brokerage, and Servicing Act, and the Tennessee Home Loan Protection Act. 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 lending in TN;
- Understand how to obtain and maintain a mortgage license in TN;
- Learn the financial responsibilities associated with having a license;
- Understand prohibited acts and practices and the penalties associated with non-compliance
3 Hour SC-DCA SAFE: Understanding South Carolina Mortgage Law Online Self-Study Pre-Licensing Education [Course #10962]
Course Format: OSS (Online Self-Study)
Credit Hours: 3 Elective PE Credit
NMLS Approval #10962
This 3-hour South Carolina DCA 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 South Carolina Regulation, Licensing and Operation, Compliance, and Disciplinary Action. By the end of the course you will be able to:
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- Understand the mission of SC-BFI and SC-DCA and be familiar with different business entities and license types each oversees;
- Know when to provide the attorney insurance preference form to consumers and ascertain the consumer’s preference as required by S.C. Code Ann. § 37-10-102;
- Know where NMLS ID numbers are required on documentation as required by S.C. Code Ann. § 37-22-110, et seq. and S.C. Code Ann. § 40-58-10, et seq;
- Understand how to comply with required provisions of section S.C. Code Ann. § 37-22-140(K) when licensed mortgage lenders act as a mortgage broker;
- Explain how to disclose fees properly on mortgage broker fee agreement and the timeline in which the mortgage broker fee agreement must be provided (S.C. Code Ann. § 40-58-75);
- Understand the consequences associated with failure to properly sign application forms;
- Articulate the requirements associated with the disclosure that identifies the agency designated to receive complaints or inquiries from the consumer (S.C. Code Ann. § 37- 23-70);
- Describe how state law is different from federal law regarding prohibited activities and mortgage broker fee agreement (S.C. Code Ann. § 40-58-70, 75 & 78; S.C. Code Ann. § 37-22-190);
- Understand the mortgage log requirement
3 Hour SC-BFI SAFE: Understanding South Carolina Mortgage Law Online Self-Study Pre-Licensing Education [Course #10960]
Course Format: OSS (Online Self-Study)
Credit Hours: 3 Elective PE Credit
NMLS Approval #10960
This 3-hour South Carolina BFI 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 South Carolina Regulation, Licensing and Operation, Compliance, and Disciplinary Action. By the end of the course you will be able to:
-
- Understand the mission of SC-BFI and SC-DCA and be familiar with different business entities and license types each oversees;
- Know when to provide the attorney insurance preference form to consumers and ascertain the consumer’s preference as required by S.C. Code Ann. § 37-10-102;
- Know where NMLS ID numbers are required on documentation as required by S.C. Code Ann. § 37-22-110, et seq. and S.C. Code Ann. § 40-58-10, et seq;
- Understand how to comply with required provisions of section S.C. Code Ann. § 37-22-140(K) when licensed mortgage lenders act as a mortgage broker;
- Explain how to disclose fees properly on mortgage broker fee agreement and the timeline in which the mortgage broker fee agreement must be provided (S.C. Code Ann. § 40-58-75);
- Understand the consequences associated with failure to properly sign application forms;
- Articulate the requirements associated with the disclosure that identifies the agency designated to receive complaints or inquiries from the consumer (S.C. Code Ann. § 37- 23-70);
- Describe how state law is different from federal law regarding prohibited activities and mortgage broker fee agreement (S.C. Code Ann. § 40-58-70, 75 & 78; S.C. Code Ann. § 37-22-190);
- Understand the mortgage log requirement
