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Online Self-Study - 2 Hour California DBO NMLS Pre-License Course #11066

NMLS 2 Hour SAFE California Online Self-Study course. Required course to obtain a California license.
Course #11066
NMLS Provider #1400062
$59.98
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Description

Course Information:

This 2 hour California-DBO pre-license education course is required by the NMLS for obtaining a mortgage origination license in the state of California under the Department of Business Oversight.

This course will be available to you for three months from the date of purchase. You can login to your account at any time (24/7) to complete this course within those three months.

If you have not yet completed 20 hours of pre-license education, this course is also available in the following bundles: 

This course is presented in an online instructor-led video course with supplementary literature and content. 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 at the end of the course. Students must complete all presentations 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.

2 Hour CA-DBO Online Instructor Led PE Course Outline

Chapter 1: California Finance Lenders Law

This chapter covers the various definitions that mortgage loan officers will come across throughout their time in the industry. Also covered by this chapter is: industry mandates specific to the CA-DBO, legal disclosures that impact CA-DBO.

Chapter 2: California DBO Residential Lending Act

This chapter covers compliance with the CA-DBO Residential Lending Act. This chapter includes sections on: prohibited acts and practices, secondary loans, disclosure and advertising requirements.

Final Exam & Course Completion

This final exam will assess your understanding of the course. After passing the final exam you will have to complete the "Get Credit SCORM". An optional end-of-course survey may be filled out as well to provide feedback to Mortgage Educators & Compliance.

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 3-5 business days. If you do not see your education credits reflected within the 7 days, contact MEC Support..

 

Number of hours is 3/3/2/10 + 2 hr of CA-DBO law = 20

CLICK HERE to review the PE or CE requirements for California.

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.