AYPORealEstate.com

This 1 hour course on Idaho codes and rules fulfills the state elective requirement for annual renewal. Licensed mortgage loan originators in the state must take 8 hours of continuing education each year, with 3 hours being dedicated to Federal law, 2 hours of ethics, 2 hours of non-traditional mortgage lending, and this 1 hour of state-specific content. 

We'll begin with a review of Idaho's regulatory structure and MLO duties. Then, we'll discuss the Idaho Residential Mortgage Practices Act, and how Idaho has implemented its own advertising and disclosure rules similar to Regulation N.

In the second module is an overview of prohibited practices, Idaho Department of Finance's investigative and enforcement authority, and possible penalties for violations. Then we'll examine some real world cases and end with a look at how changes to Idaho's rules are implemented.

To promote comprehension, students will complete a 5-question quiz and short activity after each module. A 15-question final exam will wrap up the course.

  • Course ID(s): 12070
  • Approved By: NMLS

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.