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2021 1 Hour MO Online Self Study Course #12881

1 Hour MO SAFE CE State Law Elective NMLS #12881

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$39.98
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Description

Course Information:

This 1-hour MO CE course is required by the NMLS for 2021 mortgage license renewal in Missouri.

This course is presented in an online self-study video format. The course is made up of 2 chapters broken into 5 minute sections that require clicking to advance to the next slide and includes a handful of small quizzes. After completing the introduction to the course, each section will start with an average duration of 5 minutes per section. Each 5 minute section will be followed by an activity. These activities can be either short quizzes or case studies focusing on certain concepts.

At the end of each chapter, there is a chapter quiz with a final exam wrapping up the course. Students must complete all presentation and activity sections, all quizzes and tests, and the final exam in order to receive credit for the course. After completing the course, students will receive a certificate of completion.

The course will be loaded into your MyMEC account immediately upon purchase.

NOTE: You will have 24/7 access to the course. IN ORDER TO PROPERLY BANK THE COURSE WITH THE NMLS, YOUR COURSE ACCESS WILL END AND THE COURSE WILL NEED TO BE COMPLETED BY THE END OF DECEMBER 29TH, 2021.

1 Hour MO SAFE State Law Continuing Education

Chapter 1: MO State Specific Rules

Chapter 2: Reverse and Second Mortgages

Course Credit Submission

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.

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). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, plus one (1) additional hour of MO specific education (referred to as an elective).

Number of hours is 3/2/2/ + 1hr of agency law = 8

 

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

REFUND POLICY: If you have not yet started the course, you may receive a full refund within 24 hours of purchase, or a partial refund of 75% within 30 days of purchase. If the course has been accessed and started within our system, we cannot grant refunds.

NMLS Course Provider #1400062