8 Hour Arizona SAFE Comprehensive MLO Continuing Education Course

$77.00

8 Hour Course

Course ID: 7358

Approved By: NMLS


Currently Unavailable (877) 724-6150

This class is great choice for mortgage loan originators in the state of Arizona. It covers all the requirements for the Arizona Department of Financial Institutions and for the NMLS as well, with 7 hours of topics that include all the federal content required and then the one hour of coursework specific to the Grand Canyon State as well.

The history of mortgage lending in America is explored in the first segment, focusing on the history of the regulations themselves. We will then detail the creation of the SAFE Act as it followed the mortgage crisis of the early 2000s. Part of this class time will be spent exploring the federal agencies that administer and oversee the SAFE Act and provide further oversight for mortgage loan origination in America and Arizona. TILA-RESPA integrated mortgage disclosure and its effect on MLOs is discussed also.

Ethics, fair lending practices and consumer protections are also covered. We will then examine at the concepts of ethics and fair lending on a broad level as they apply to mortgage loan originators in the field. During this segment we also cover the basics of what can constitute mortgage fraud and how MLOs can help themselves avoid some of these pitfalls. A portion of the course also provides an in-depth examination of lending standards for nontraditional mortgage loans that include Adjustable rate mortgages, subprime and high-cost loans, and reverse mortgages as well.

Finally, we will spend a significant portion of our time on the mortgage laws and practices of loan origination in the state of Arizona specifically. This will include discussion of the acts that are prohibited by the state, and information relating the Mortgage Recovery fund as well.

Our course will keep you involved with case studies and in-text quizzes so you’ll be able to spot-check your knowledge, and that will also help prepare you for the final exam that comes at the conclusion of the class.

  • Module 1
    • Federal Mortgage Law [7 Activities]
      • 01. A Brief History of Mortgage Regulation
      • 02. S.A.F.E. Act
      • 03. Federal Agencies that Administer the SAFE Act
      • 04. Federal Agencies that Administer the SAFE Act, Part 2
      • 05. Federal Agencies that Administer the SAFE Act, Part 3
      • 06. TILA-RESPA Integrated Mortgage Disclosure (TRID)
      • 07. TILA-RESPA Integrated Mortgage Disclosure (TRID), Part 2
    • Case Study #1 (6 questions)
    • Quiz #1 (8 questions)
  • Module 2
    • Ethics, Fraud, Consumer Protection, & Fair Lending [6 Activities]
      • 01. Introduction to 2-Hour SAFE Ethics, Fraud, Consumer Protection, and Fair Lending Class
      • 02. Ethics in Mortgage Lending
      • 03. Ethical Duties
      • 04. Fraud, Part 1
      • 05. Fraud, Part 2
      • 06. Consumer Protection and Fair Lending Practices
    • Case Study #2 (7 questions)
    • Quiz #2 (8 questions)
  • Module 3
    • Lending Standards for Nontraditional Mortgage Products [4 Activities]
      • 01. Nontraditional Mortgage Loans
      • 02. Lending Standards for Adjustable Rate Mortgages
      • 03. Subprime and High-Cost Loan
      • 04. Reverse Mortgages
    • Case Study #3 (6 questions)
    • Quiz #3 (5 questions)
  • Module 4
    • State Specific Module [6 Activities]
      • 01. Introduction to 1-Hour Arizona SAFE Laws, Regulations, and Standards for Mortgage Loan Originators
      • 02. Definitions for the Loan Originator
      • 03. Prohibited Acts
      • 04. Other Important Sections
      • 05. The Mortgage Recovery Fund
      • 06. End of the Class
    • Case Study #4 (1 questions)
    • Quiz #4 (5 questions)
  • Final Exam
    • Final Exam (25 questions)
  • Course Completion
    • Mandatory Questionnaire
    • MLO CE Feedback
    • Certificate of Completion

Instructor Bio


Mary Tillery real estate atyourpaceonline instructor
Mary Tillery, loan originator and Sales Manager at Guild Mortgage, in Grants Pass Oregon, has been actively involved in home lending since 1986. She has originated everything from first time homebuyers, to complex construction financing and reverse mortgages, besides all forms of more traditional lending. Mary combines her depth of knowledge with a sincere desire to know, love and serve her clients. She has been teaching home buying classes for 20+ years and loves to share her knowledge with not just her clients, but with people in the industry who are interested in growing.