AYPORealEstate.com

Minnesota MLO Continuing Education

We have been approved by the Nationwide Mortgage Licensing System (NMLS) to offer you all the hours you need to renew your MLO license in one easy to use package that can be completed At Your Pace Online. Once you complete your course we will report your completion to the NMLS for you automatically.

Licensed in multiple states? Feel free to enroll into any MLO CE course to start and contact us to set up a custom education plan for the remaining states where you are licensed.

$70 TOP SELLER

8 Hour SAFE Core and Minnesota Law 2020 MLO Package

clock hour icon 8h course

This package includes all of the training required to renew your MLO license. It includes these topics:

  • Federal lending laws such as the SAFE Act
  • ECOA and the TILA-RESPA Rule
  • Ethics, fraud, and consumer protection
  • Non-traditional mortgage loan products
  • Licensing law in Minnesota
  • Common MLO deficiencies
$70

Late CE MLO Package: 8 Hour SAFE Core and Minnesota Law 2019

clock hour icon 8h course

This 8 hour Late CE package for mortgage loan originators in Minnesota is designed to provide all of the mandatory education needed to renew your MLO license. This course will address a variety of topics including:

  • Federal lending laws such as the SAFE Act
  • ECOA and the TILA-RESPA Rule
  • Ethics, fraud, and non-traditional mortgage loan products
  • Overview of the SAFE Act
  • Responsibilities of mortgage brokers
  • Record-keeping
  • Advertising
  • Prohibited practices
  • Violations and penalties
$45

Late CE 7 Hour SAFE Core 2019 MLO Minnesota (10749)

clock hour icon 7h course

This 7 hour Late CE course of instruction for mortgage loan originators in Minnesota is designed to provide the mandatory Core education on mortgage lending, reverse mortgages, and the federal regulations governing MLOs. This course will address a variety of topics including:

  • Federal lending laws such as the SAFE Act
  • ECOA, and the TILA-RESPA Rule
  • Ethics, fraud, and non-traditional mortgage loan products
$45

7 Hour SAFE Core 2020 MLO CE Minnesota

clock hour icon 7h course

Mortgage loan originators can fulfill their continuing education requirements for Minnesota licensing with this 7 hour core series divided into Federal Law, Ethics, and Non-Traditional Mortgage lending. This course will address a variety of topics including:

  • Federal lending laws such as the SAFE Act
  • ECOA and the TILA-RESPA Rule
  • Ethics, fraud, and consumer protection
  • Non-traditional mortgage loan products
$30

1 Hour MN SAFE 2020 State Law Course

clock hour icon 1h course

Mortgage loan originators in Minnesota can satisfy their state-specific elective requirement toward the 8 hours of annual continuing education needed for license renewal with this course. Topics of interest include:

  • Review of State and National SAFE Acts
  • Recent changes to State law
  • Minnesota license laws (including license standards, renewal, fees)
  • The practices of loan originating (including standards of conduct, mortgage call reports, and unique identifier display)
  • Violations & enforcement.

This course also covers lender disclosures and broker agency, advertising for MLOs, rate lock, point agreements, and net tangible benefits analysis. 

$30

Late CE 1 Hour MN SAFE 2019 State Law Course (10811)

clock hour icon 1h course

Taking this Late CE course will satisfy the 1-hour state-specific elective requirement for licensed Minnesota mortgage loan originators. This class counts toward the total 8 hours of required annual continuing education. The course will review:

  • Overview of the SAFE Act
  • Responsibilities of Mortgage Brokers
  • Record-Keeping
  • Advertising
  • Prohibited Practices
  • Violations and Penalties

How To Renew A Minnesota NMLS License

MLO Continuing Education Requirements for Minnesota 

No matter which state issued your MLO license, you're subject to specific mortgage education requirements because of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act). This legislation requires that all state-licensed MLOs take 7 hours of approved NMLS CE, in addition to Minnesota specific course requirements.

You can't take just any NMLS course to reach those 8 hours.  Your Minnesota NMLS training needs to cover specific topics and you need to take your mortgage education with an NMLS-approved provider. 

For Annual CE, Minnesota NMLS licensed MLOs are required to complete:

  • 3 hours on relevant federal regulations and law
  • 2 hours of ethics training (including training on consumer protection, fair lending issues, and fraud)
  • 2 hours on lending standards for nontraditional mortgage products
  • 1 hour of Minnesota law-specific education


While the NMLS oversees the general CE requirements and helps with recordkeeping of your completed hours, it's important to know any Minnesota specific requirements that may apply to you. 

 

How Do I Know If I'm Required To Take My CE This Year Or Not?

Generally, if you obtained your license after 2009 but before this year, the above NMLS CE requirements apply to you. If you obtained your license this year (and assuming you completed the required pre-license education), you don't need to complete any additional mortgage education this year. 

 

Successive Year Rule

Per the SAFE Act, you cannot take the same NMLS course for two years in a row. To avoid this possible overlap, AYPORealEstate creates brand new NMLS-approved CE courses every single year to comply with this rule.

 

NMLS Late CE Courses - Making Up Your Continuing Education

Late CE is required during the annual reinstatement period:

  • If you missed the deadline to renew your MLO license this year, and you need to make up the 8 hours of approved Late CE 
  • If you have an MLO license that's been expired for a while, and you need to meet the NMLS continuing education requirements for the last year during which your license was active


To summarize, if you miss the deadline or you are returning to the industry, you will need 7 hours of NMLS course work, plus 1 hour of Minnesota Law, all as 'Late CE' -  aside from the current year CE requirement -  to renew your MLO license. 

These hours need to come from a specifically designated NMLS 'Late CE' course. The NMLS maintains a catalog of approved courses so you can find the Late CE class you need. 

AYPORealEstate is an approved Late CE provider and can help you get your Late Continuing Education done on time.

 

MN Mortgage Loan Originator CE Deadline

The deadline to complete CE is December 31st. 

Take note: MLOs in Minnesota are prevented from applying to renew their license if they have not completed CE. Since it may take as long as seven (7) days for a course provider to report a course completion into NMLS, MLOs are strongly encouraged not to wait until the last minute to try to complete CE or they may be prevented from submitting for renewal on time.

  • At-Risk-to-Miss Renewal Deadline: If you complete your class by December 18th or later, you are at risk to miss your MN Mortgage CE deadline.
  • Guaranteed to Miss Renewal Deadline: If you complete your class by December 31st or later you are guaranteed to miss your MN Mortgage CE deadline. 


Stay on top of the NMLS continuing education requirements so CE hours never stand between you & your renewal. Contact us or enroll today to beat the deadline!