AYPORealEstate.com

Oregon 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

10 Hour SAFE Core and Oregon Law 2020 MLO Package

clock hour icon 10h course

Mortgage loan originators in Oregon can satisfy their full 10 hours of required continuing education for annual license renewal with this package. This package includes core and elective credit and will address 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
  • Renovation Mortgage Loans
  • The Oregon state and national SAFE Acts
  • Securities regulation and how it affects the mortgage lending professional
  • The use of assumed business names
  • Use of certifications
  • Prohibited practices
$70

Late CE MLO Package: 10 Hour SAFE Core and Oregon Law 2019

clock hour icon 10h course

This 10 hour Late CE package for mortgage loan originators in Oregon 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
  • what reverse mortgages are
  • reverse mortgage scams
  • licensing requirements
  • prohibited acts
  • handling client funds
  • reverse mortgages
  • trust accounts
4.4 7 Reviews
$45

Late CE 8 Hour SAFE Core and Elective 2019 MLO Oregon (10751)

clock hour icon 8h course

This 8 hour Late CE course of instruction for mortgage loan originators in Oregon is designed to provide the mandatory Core education on mortgage lending, reverse mortgages, and the federal regulations governing MLOs. Additionally, it provides 1 hour of elective content. 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
  • Reverse mortgages
$45

8 Hour SAFE Core and Elective 2020 MLO CE Oregon

clock hour icon 8h course

Tthis 8 hour ccourse offers 7 hours of core and 1 hour of general elective. 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
  • HomeStyle® renovation mortgage loans
$30

Late CE 2 Hour OR SAFE 2019 State Law Course (10809)

clock hour icon 2h course

Taking this Late CE course will satisfy the 2-hour state-specific elective requirement for licensed Oregon mortgage loan originators. This class counts toward the total 10 hours of required annual continuing education. The course will review:

  • the SAFE Act
  • licensing requirements
  • prohibited acts
  • handling client funds
  • reverse mortgages
  • trust accounts
4.7 7 Reviews
$30

2 Hour OR SAFE 2020 State Law Course

clock hour icon 2h course

Oregon mortgage loan originators can meet their 2-hour state-specific elective requirement toward their annual license renewal with this course. Topics include:

  • Mortgage lending regulatory scheme
  • Oregon State and National SAFE Acts
  • Securities regulation & how it affects MLO's
  • Use of assumed business names
  • Use of certifications
  • And prohibited practices

To mention a few of the subjects covered in this course. Sign up now to begin your 2020 renewal today!

How To Renew Your Oregon NMLS License

MLO Continuing Education Requirements for Oregon

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 Oregon specific course requirements.

You can't take just any NMLS course to reach those 10 hours, either. Your Oregon NMLS training needs to cover specific topics and you need to take your mortgage education with an NMLS-approved provider. 

For Annual CE, Oregon 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 elective on mortgage origination
  • 2 hour of Oregon 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 Oregon 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, 1-hour elective, plus 2 hours of Oregon 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.

 

OR Mortgage Loan Originator CE Deadline

The deadline to complete CE is December 31. 

Take note: MLOs in Oregon 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 OR Mortgage CE deadline.
  • Guaranteed to Miss Renewal Deadline: If you complete your class by December 31st or later you are guaranteed to miss your OR 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!