8 Hour Course
Course ID: 7048
Approved By: NMLS
This class will satisfy all of the requirements for continuing education for Mortgage Loan Originators in the state of Nevada.
Our Mortgage Loan Originator 8 hour license renewal course for the state of Nevada begins by providing the student with a module that covers the history of federal mortgage lending laws. We review the SAFE Act in this portion also. Then we move into an explanation 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 continues as we examine ethics, consumer protections and fair lending practices. During this portion we look at the larger concepts of ethics and fair lending as they relate to mortgage loan originators in the field. During this portion we also cover the basics of what can constitute mortgage fraud and how MLOs can 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.
Spaced throughout the course, we’ll provide in-text quizzes and case studies that you can spot-check your knowledge with. This also aids in preparing you for the final exam that comes at the conclusion of the class.