15 Hour SAFE Core, Utah Law, and Post-License 2019 MLO Package

$229.00

15 Hour Course

Course ID: 10751, 10744, 10021

Approved By: NMLS


Add to Cart (877) 724-6150

The 15 hours of content in this course will fulfill all of the education needed to renew your Utah license for the first time.

This course is broken down into 8 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
  • An assessment that consists of a five question quiz

The first module of the course focuses on federal laws and rules that apply to mortgage loans and mortgage loan originators. The federal regulations addressed in this portion of the course include the SAFE Act and the TILA-RESPA rule.

The second module of the course will cover ethics and consumer protection. Aside from ethics and ethical duties, this portion of the course will also talk about fraud in mortgage lending and fair lending practices.

The third module of the course will discuss non-traditional mortgage loan products like adjustable rate mortgages and reverse mortgages. Not only will this segment examine these types of mortgages, it will also look at some of the regulations governing them.

The final national module explains reverse mortgages, and provides the mortgage loan originator with a solid foundation of knowledge on the subject. Topics covered are what reverse mortgages are, the proceeds that come from them, the regulations that govern them, and the scams to watch out for.

This part of the course will end with a 25 question final exam designed to test students on concepts from across the course.

The second part of the class will focus on Utah laws and regulations, starting with recent changes to the Utah Administrative Code Rules 162-2c and the Utah Residential Mortgage Practices and Licensing Act. This includes the 2018 amendments to House Bill 243. 

The final state law module looks at the Utah High Cost Home Loan Act and Section 8 of the Real Estate Settlement Procedures Act, which prohibits the use of kickbacks or unearned fees. After this is a breakdown of the licensing and disciplinary actions of the last few years.

This part of the course ends with a 15 question final quiz.

Finally, the first section of the Post-License training will start with unique laws and procedures for Utah based MLOs. This section is approximately two and a half hours long, and will take the student/licensee through the necessarily information one slide at a time. Non-disclosure requirements and the differentiation of Utah as a non-community ownership state will be discussed. Then, rules about property tax collection in Utah and relevant information is divided out into multiple smaller sections. What may be most interesting to students/licensees is the next few headers on mortgage products available through various government organizations and how they help consumers. Next comes the importance of understanding proper advertising and marketing standards. And last is a brief overview of the regulatory powers, duties, and authority of the DRE over MLOs. 

In the second module is core definitions and recent rules changes MLOs should review, if not be newly made aware of. The bulk of the second half of this course is on licensing laws and regulations, exemptions to licensure, and how to maintain one’s good standing as a licensee. However, there are a few unique topics, such as qualifications for applying to be a primary lending manager, how to submit changes to the Nationwide Multistate Licensing System (NMLS), proper record handling, real world examples of mortgage loan entities (or the mimicry of) who committed crimes against consumers and what the decisions were against them, as well as information about sanctions for licensees who commit similar offenses or violations.

This last part of the course is completed with a final exam consisting of 25 questions randomly drawn from the class.

  • National - Module 1
    • Federal Law Update [12 Activities]
      • 01. Introduction to 3-Hour SAFE Federal Mortgage Law Class
      • 02. Outline of 3-Hour SAFE Federal Mortgage Law Class
      • 03. A Brief History of Mortgage Regulation
      • 04. S.A.F.E. Act
      • 05. Federal Agencies that Administer the SAFE Act
      • 06. Federal Agencies that Administer the SAFE Act, Part 2
      • 07. Federal Agencies that Administer the SAFE Act, Part 3
      • 08. Integrated Mortgage Disclosures
      • View Additional Activities
        • 09. TILA-RESPA Integrated Mortgage Disclosure (TRID)
        • 10. TILA-RESPA Integrated Mortgage Disclosure (TRID), Part 2
        • 11. Privacy of Consumer Financial Information
        • 12. End of the Class on Federal Mortgage Laws
    • Activity: Federal Law Update (1 questions)
    • Quiz: Federal Law Update (5 questions)
  • National - Module 2
    • BioSig Authentication - Middle #1
    • Ethics, Consumer Protection, and Fraud [6 Activities]
      • 01. Introduction to 2-Hour SAFE Ethics, Fraud, Consumer Protection, and Fair Lending Class
      • 02. Ethics in Mortgage Lending
      • 03. Ethical Duties
      • 04. Fraud, Part 1
      • 05. Fraud, Part 2
      • 06. Consumer Protection and Fair Lending Practices
    • Activity: Ethics, Consumer Protection, and Fraud (1 questions)
    • Quiz: Ethics, Consumer Protection, and Fraud (5 questions)
  • National - Module 3
    • BioSig Authentication - Middle #2
    • Nontraditional Mortgages [6 Activities]
      • 01. Introduction to 2-Hour SAFE Lending Standards for Nontraditional Mortgage Products Class
      • 02. Nontraditional Mortgage Loans
      • 03. Lending Standards for Adjustable Rate Mortgages
      • 04. Subprime and High-Cost Loans
      • 05. Reverse Mortgages
      • 06. End of 2-Hour SAFE Lending Standards for Nontraditional Mortgage Products Class
    • Activity: Nontraditional Mortgages (1 questions)
    • Quiz: Nontraditional Mortgages (5 questions)
  • Module 4
    • Reverse Mortgages [6 Activities]
      • 01. Introduction
      • 02. What is a Reverse Mortgage?
      • 03. Reverse Mortgage Proceeds
      • 04. Regulations Governing Reverse Mortgages
      • 05. Reverse Mortgage Scams
      • 06. Conclusion
    • Activity: Reverse Mortgages (1 questions)
    • Quiz: Reverse Mortgages (5 questions)
  • National - Final Exam
    • Final Exam (25 questions)
    • BioSig Authentication - End
  • Utah - Module 1
    • BioSig Authentication - Beginning
    • Regulatory Authorities and Changes in Legislation [3 Activities]
      • 01. Introduction to 2-Hour Utah SAFE Laws & Regulations Update Class for Mortgage Loan Originators
      • 02. Recent Changes to the Utah Residential Mortgage Practices and Licensing Act
      • 03. Recent Changes to Utah Administrative Code Rule R162-2c
    • Activity: Regulatory Authorities and Changes in Legislation (1 questions)
    • Quiz: Regulatory Authorities and Changes in Legislation (5 questions)
  • Utah - Module 2
    • Recent Concerns, Developments, and Disciplinary Actions [2 Activities]
      • 01. Other Rules and Laws & Disciplinary Actions
      • 02. Recent Developments and Issues Relevant to Mortgage Loan Originators
    • Activity: Recent Concerns, Developments, and Disciplinary Actions (1 questions)
    • Quiz: Recent Concerns, Developments, and Disciplinary Actions (5 questions)
    • Final Quiz (15 questions)
    • BioSig Authentication - End
  • Utah Post License - Module 1
    • BioSig Authentication - Beginning
    • Unique Laws and Procedures for Utah Based MLOs [10 Activities]
      • 01. 5 Hour UT-DRE: Post Licensure Continuing Education Course
      • 02. Non-Disclosure for Mortgage Loan Originators
      • 03. Right To Own or Non-Community Ownership
      • 04. Property Tax Collection for MLOs
      • 05. Mortgage Products in Utah
      • 06. The Utah Housing Corporation
      • 07. Who Signs - Authorization to Sign Documents
      • 08. Marketing and Advertising
      • 09. Joint Marketing and Marketing Services Agreements
      • 10. The State of Utah, Division of Real Estate
    • Activity: Unique Laws and Procedures for Utah Based MLOs (1 questions)
    • BioSig Authentication - Middle #1
    • Quiz: Unique Laws and Procedures for Utah Based MLOs (5 questions)
  • Utah Post License - Module 2
    • Licensing Laws Governing MLOs in Utah, and Basic Operation Standards [13 Activities]
      • 01. Regulation Definitions for Mortgage Loan Originators
      • 02. Rule Changes 2016, 2017, and 2018
      • 03. Utah License Law and Regulation
      • 04. Licensee Qualification and Application Processes
      • 05. License Qualifications and Applications for Businesses
      • 06. Exemptions to Licensure and Activities That Require Them
      • 07. Compensation and Personal Liability for Mortgage Loan Originators
      • 08. License Maintenance
      • View Additional Activities
        • 09. Recordkeeping and Reporting
        • 10. Sanctions for Licensees
        • 11. Consumer Protection in the Real World
        • 12. The Utah Residential Mortgage Loan Education, Research, and Recovery Fund
        • 13. End of Class
    • BioSig Authentication - Middle #2
    • Activity: Licensing Laws Governing MLOs in Utah, and Basic Operation Standards (1 questions)
    • Quiz: Licensing Laws Governing MLOs in Utah, and Basic Operation Standards (5 questions)
    • Post-License Final Exam (25 questions)
    • BioSig Authentication - End
  • Course Completion
    • Mandatory Questionnaire
    • National - Certificate of Completion
    • Utah State Law - Certificate of Completion
    • Utah Post License - Certificate of Completion
    • MLO CE Feedback

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.