Welcome!

1 Hour DC SAFE CE: DC Mortgage Law and Updates (10828)

More Views

1 Hour DC SAFE CE: DC Mortgage Law and Updates (10828)
$39.00

Availability: In stock

1 Hour DC Online Self-Study CE Course. NMLS Approved Course #10828

* Required Fields

Description

Details

Continuing Education Requirements

Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the year they are licensed (unless PE was completed in the same year). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, plus one (1) additional hour of DC-specific education (referred to as an elective).

Number of hours is 3/2/2/+ 1hr of DC law = 8

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row. MLO’s are advised not to retake pre-licensure education (PE) unless directed to by a State Regulator. PE education does not count towards meeting annual CE requirements. 

Deadline

The deadline to complete CE is November 1, 2019. However, MLOs in DC are prohibited from submitting an application 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.

Reviews

Product Tags

Use spaces to separate tags. Use single quotes (') for phrases.