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  20 Hour SAFE Comprehensive Mortgage Loan Originator Course, NMLS #1633 September 20, 21, 22, 23 and 24, 2010
 
 
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Description
 
NEW! For a limited time, get complimentary access to our SAFE Act Exam Study Guide when you register for AllRegs’ SAFE Act Classroom Equivalent course at the discounted price of $225!
 
20 Hour SAFE Comprehensive Mortgage Loan Originator Course
NMLS Course #1633, NMLS Provider #1400024
September 20, 21, 22, 23 and 24, 2010
 
Course Schedule:  
Monday, September 20, 1:00 p.m. – 5:00 p.m. EST (First day)
Tuesday, September 21, 1:00 p.m. – 5:00 p.m. EST
Wednesday, September 22, 1:00 p.m. – 5:00 p.m. EST
Thursday, September 23, 1:00 p.m. – 5:00 p.m. EST
Friday, September 24, 1:00 p.m. – 5:00 p.m. EST (Last day)
 

Course Description: 

 

Stressed out about meeting your SAFE Act requirements? Relax – we can help! With AllRegs’ 20 Hour SAFE Comprehensive Mortgage Loan Originator classroom equivalent course (NMLS #1633), you can now receive pre-licensing training at your convenience, whether at home, the office or any other location!

 

The Secure and Fair Enforcement (SAFE) for Mortgage Licensing Act of 2008 establishes minimum standards for pre-licensing mortgage education. AllRegs (NMLS Provider #1400024) now has a compelling value-proposition for every mortgage loan originator and broker required to meet this training requirement – the 20 Hour SAFE Comprehensive Mortgage Loan Originator Course. Based on a regular course schedule, students will complete this thorough and meaningful training to meet the entire 20-hour pre-licensing minimum requirement, as well as prepare for the licensing exam. This course has been developed by industry experts using proven instructional methodologies, and includes instructor presentation along with engaging hands-on activities designed to reach all learning styles.

 

 

Learning Goals & Objectives

Upon completion of this course, you will be able to:

  • Identify critical aspects of the history of the mortgage industry as a basis for today’s market
  • Define key terminology of the mortgage industry as applicable to today’s market
  •  List the laws and their key attributes that impact mortgage lending such as RESPA, TIL, SAFE Act, ECOA, etc.
  • List key characteristics of mortgage loan programs from the traditional Conventional products to Government, Reverse Sub-prime products, and the guidelines for each
  • Accurately Pre-Qualify a variety of borrowers and find suitable products for them
  • Outline “Best Practices” of loan origination
  • Recognize the purpose and procedures of loan processing
  • Identify closing procedures, including settlement, fees, title policies, funding and warehousing
  • Identify key concepts of underwriting, the guidelines in place and the risk analysis involved
  • Recognize the secondary market’s role and responsibilities
  • Identify issues surrounding Fair Lending
  • Define the ethics of mortgage lending as it relates to laws, fraud, marketing and ethical behaviors
  • Recognize fraud, its different types and its many sources

 

Target Audience
  •  Mortgage loan originators
  •  Loan officers
  •  Mortgage brokers

 

Course Delivery

This course combines a variety of AllRegs Academy learning assets and teaching styles. In this NMLS classroom equivalent course, you’ll participate in an instructor-led online course delivered via conference call and WebEx presentation on each of the five days of the course. Prior to beginning the course, you’ll access your learning materials in the AllRegs Academy online learning management system (LMS), and take an online pre-test to assess your knowledge as you enter the class. Upon completion of the five-day course, you’ll return to AllRegs Academy to complete the online final exam. The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course.

This is a 20 hour course with strict attendance requirements for this course; in order to earn pre-licensing credit for the course, you must attend all 20 hours of the classroom equivalent portion and pass the final exam with a score of 75% or better.

This course was designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles and real world examples, all with instruction from NMLS-approved instructors and interaction with your peers.

 

Tuition & Registration:
Registration is $225 per course per person, and includes the NMLS credit banking fee. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.
 
To learn more or to register multiple attendees, email academy@allregs.com or call (800) 848-4904.
 
Need to make additional multiple registrations? Click here for details.

 
 


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Eagan, MN 55121
                 
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