8 Hour SAFE Comprehensive MLO CE Course

$45.00

8 Hour Course

Course ID: 7048

Approved By: NMLS


Currently Unavailable (877) 724-6150

This 8 hour class satisfies all the requirements for continuing education for Mortgage Loan Originators in the state of Illinois, as well as those same requirements for the NMLS.

Our course for Mortgage Loan Originators in the Land of Lincoln begins by providing the student with a segment covering the history of Federal Mortgage Lending laws, up to and through the real estate crisis of the early part of this century. We then review the SAFE Act in this portion also. Then we include an overview of the federal agencies responsible for oversight of mortgage practices in America. We also provide information on the TILA-RESPA Integrated Mortgage Disclosure (TRID).

The course then goes on to examine ethics for the mortgage loan originator, and consumer protections and fair lending practices as well. During this portion we will also look at the larger concepts of ethics and fair lending as they relate to mortgage loan originators in the field. This segment goes on to cover the basics of what can constitute mortgage fraud and what MLOs can do to avoid some of these pitfalls. Then the course 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.

During our course we will use tools to keep you involved such as in-text quizzes and case studies that you can use to spot-check your knowledge. The quizzes and case studies will also help prepare you for the final exam that you will take 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 [7 Activities]
      • 01. Ethics in Mortgage Lending
      • 02. Principles of Ethics
      • 03. Ethical Duties, Part 1
      • 04. Ethical Duties, Part 2
      • 05. Fraud, Part 1
      • 06. Fraud, Part 2
      • 07. 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)
  • Course Completion
    • Final Exam (25 questions)
    • 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.