7 Hour Course
Show Course ID: 1
Course ID: 10749
Approved By: NMLS
The seven hours of content in this course will train mortgage loan originators on the important aspects of mortgage lending including relevant federal laws, consumer protection, and loan products.
This course will provide the mandatory Core education towards the renewal of your Arizona license.
This course is broken down into 3 modules. Each module contains:
The first module of the course focuses on federal laws and rules that apply to mortgage loans and mortgage loan originators. The federal regulations addressed in this portion of the course include the SAFE Act and the TILA-RESPA rule.
The middle module of the course will cover ethics and consumer protection. Aside from ethics and ethical duties, this portion of the course will also talk about fraud in mortga.ge lending and fair lending practices.
The final module of the course will discuss non-traditional mortgage loan products like adjustable rate mortgages and reverse mortgages. Not only will this segment examine these types of mortgages, it will also look at some of the regulations governing them.
The course will end with a 25 question final exam designed to test students on concepts from across the course.