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2024 7 Hour CORE SAFE Continuing Education Online Self Study Course #16070

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7 Hour CORE SAFE CE NMLS #16070
NMLS Provider #1400062
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7 Hour CORE CE
$119.98
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Description

Course Information:

- Course is presented in an Online Self-Study video format. 

- Made up of 7 chapters, broken into 5 minute sections that require clicking to advance to the next slide and a handful of small quizzes.

- Each 5 minute section is followed by an activity, consisting of either short quizzes or case studies that focus on certain concepts.

- Quiz at the end of each chapter, with a final exam wrapping up the course.

- Must complete all presentation and activity sections, all quizzes and tests, and the final exam in order to receive course credit. 

- Certificate will be generated after course completion. 

 

7 Hour CORE SAFE State Law Continuing Education Course:

Chapter 1: Top 10 Violations 

Chapter 2: Unfair, Deceptive, Abusive Acts & Practices (UDAAP)

Chapter 3: Loan Originator Compensation (LO COMP)

Chapter 4: Mortgage Fraud & Money Laundering

Chapter 5: Fair Lending

Chapter 6: Renovation and Rehabilitation Loans

Chapter 7: Self-Employed Borrowers

 

National CE Requirements

Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the year they are licensed (unless PE was completed in the same year). 

- 3 Hours of Federal Law

- 2 Hours of Ethics (Including fraud, consumer protection, fair lending issues)

- 2 Hours of non-traditional mortgage lending

- 1 Hour of General Elective Instruction

 

*Total NMLS CE Requirement 8 hours.

(3+2+2+1)

*If you need additional state education, follow this link to view our available online self study state electives.

 

Please Note

- MLOs are advised that to comply with the SAFE Act's "Successive Years" rule, they may not take the same CE course two years in a row.

- MLOs are NOT advised to retake pre-licensure education (PE) unless directed to do so by a State Regulator. (PE education does not count towards meeting annual CE requirements)

- The NMLS requires that education providers report education credit hours within 7 calendar days. Mortgage Educators & Compliance generally reports education credits within 2-3 business days.

 

NOTE: THE DEADLINE TO COMPLETE National CE IS DECEMBER 31, 2024.