8 Hour SAFE Core and Missouri Law 2021 MLO Package

  • 8 Hour Course
  • $79.00

This 8 hour package for mortgage loan originators in Missouri is designed to provide all of the mandatory education needed to renew your MLO license.This course is broken down into 5 modules. Each module contains:

  • A section of training
  • An activity in which students will read a short scenario and then answer questions about the scenario
  • A quiz that consists of five questions

The first module of the course is about sweeping laws and rules that apply to mortgage loans and mortgage loan originators across the country. A review of the SAFE Act, NMLS registration, an overview of state licensing standards, Regulation Z, and Integrated Mortgage Disclosures will make the bulk of the module. 

The second module deals with ethical considerations and consumer protection. Identity theft prevention and safeguarding client data start us off. Then, topics related to the Telemarketing and Consumer Fraud and Abuse Prevention Act take center stage. Several case studies will be presented, as will other recommendations on compliance with such laws as Regulation N. Fair lending practices and balancing one’s business aspirations with the health of the market are emphasized.

The third module examines non-traditional mortgage loan products like adjustable rate mortgages and reverse mortgages. Federal Housing Administration updates are first, then the Home Equity Conversion Mortgage program is featured, along with its changes. Various other types of loans and financing options are considered, including government programs, high-cost loans and their requirements, and portfolio loans.

A final exam will ask 25 questions randomly drawn from the general education portion of the package.

The state-specific course begins with a brief discussion about the system of oversight involving both federal organizations as well as state organizations. After that, we move on to the state statutes in RSMo Chapter 443 and the administrative code in 20 CSR 1140-30. These cover the rules and requirements for licensing and renewal, as well as annual reporting requirements, confidentiality rules, bonding requirements, and the rules for advertising, disclosure, and avoiding discrimination. 

Next, we will talk about the authority that the director of the Division of Finance has over licensees and applicants. Violations and penalties are also discussed. Then, we cover RSMo 408.231-241, which contains the statutes that apply to second mortgages, and finally, we will discuss reverse mortgages, which are governed by RSMo 443.901-930.

An additional 15 question final exam about the state modules will finish off this package.


  • Course ID(s): 12925 & 12934
  • Approved By: NMLS

Instructor Bio

Mary Tillery real estate atyourpaceonline instructor

Mary Tillery, an originating branch manager at Synergy One Lending in Grants Pass, Oregon, believes that buying a home is one of life’s true milestones. For more than 35 years, she has been teaching lending education classes and helping homebuyers achieve their dreams. Mary combines her love of knowledge with her passion for people in her roles as a loan originator and educator. From first-time mortgages to complex construction financing, she is happy to share her expertise with clients and industry professionals alike.