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Continuing Education Online Self-Paced

1 Hour MN SAFE: Minnesota Mortgage Loan Originator 2024 CE (Online)

Consumers rely on the guidance of mortgage professionals as they navigate the loan process. Whether for a first-time home purchase or a refinance, most consumers only get a mortgage loan a couple of times over the course of their lives. As the industry changes, regulations emerge, and available products appear, adjust, or fade away, borrowers will turn to their mortgage loan originator to help keep them informed. Staying aware of the requirements that apply to loan transactions in their state is the best way for licensees to maintain a successful, compliant track record. This course will review the laws and regulations that apply to mortgage professionals doing business in Minnesota. This text will use requirements of the state’s laws as they are set forth in the Minnesota Residential Mortgage Originator and Servicer Licensing Act, found under Chapter 58 of the Minnesota Statutes (Minn. Stat.), and the Minnesota S.A.F.E. Act, found under Chapter 58A.

$39.00
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SKU 4303MN24500A00

  • 24/7 access to your course online
  • Certificate of Completion

What You'll Learn

  • Recognize the authority of the Department of Commerce over Minnesota mortgage professionals
  • Define key terms that are important to conducting mortgage business in the state
  • Discuss required conduct for licensed mortgage professionals in Minnesota
  • Consider mortgage laws and regulations that are unique to Minnesota
  • Discuss prohibited conduct for Minnesota mortgage licensees
  • Recognize the disciplinary consequences of failing to comply with the law

How it Works

This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. Please note this course is only supported for laptop or desktop computers, as NMLS requirements prohibit the consumption of licensing training on mobile devices, such as cell phones or tablets

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NMLS APPROVED ID 15616

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