4 Hour OH-OMBA SAFE State Law PE OIL - #5204

$117.00

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Course Format
The student will complete a series of online Learning Modules, Activities, and Quizzes during a set period of time. The course must be completed in the scheduled time frame. A desktop or laptop computer is required for this course. The use of mobile devices, such as tablets or cell phones, is not permitted by the NMLS. 

 

 

Pre-Licensure Education Requirements

New state-licensed MLOs are required to complete 24* hours of NMLS-approved education. This education must include 3 hours of Federal law, 3 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, 12 hours of undefined education (referred to as electives) + 4 hours of OH OMBA law.

Number of hours is 3/3/2/12/+ 4hrs of OH law = 24

Ohio has a requirement for 4 hours of instruction on state-specific law which may be satisfied by either taking an OH comprehensive course or a state-specific elective course.

Note: Only applicants under OMBA must take the additional 4hrs of education. OMLA applicants only require 20 hours.

 

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