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1 Hour NM SAFE CE: NM State Mortgage Law and Updates (10897)

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1 Hour NM SAFE CE: NM State Mortgage Law and Updates (10897)
$39.00

Availability: In stock

NMLS Approved Course #10897. This is an online NM self-study course for the state of New Mexico.

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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)
  • 2 Hours of Non-Traditional Mortgage Lending
  • 1 Hour of NM-Specific Education

 

Number of hours is 3/2/2/+ 1hr of NM 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. and fair lending issues), and 2 hours of non-traditional mortgage lending, plus 1 hour of NMspecific education. Number of hours is 3/2/2/+ 1hr of NM law = 8

 

Format & Technology Requirements

This course must be taken from a desktop or laptop computer. The use of mobile devices is not permitted by the NMLS. 

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