1 Hour CA-DFPI (formerly DBO) SAFE: California State Law Continuing Education [NMLS #12561]
Course Format: Online / Self-Paced
Credit Hours: 1 Hour CE
NMLS Approval #12561
This brand new continuing education elective course is approved by the Nationwide Mortgage Licensing System (NMLS) (#12561) and meets California DFPI’s requirement for one (1) hours of CA-DFPI Defined Electives. 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 CA-DFPI Defined Electives.
As this course is brand new, anyone looking to renew their California-DFPI MLO license for 2021 can take this course regardless of which California CE course you may have completed last year. This California-DFPI 1 Hour CE course meets CA-DFPI’s requirement for 1 hour of instruction on California mortgage law and will focus on key provisions of the California Financing Law and the California Residential Mortgage Lending Act.