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Pre-licensing Education Online Self-Paced

2 Hour MI SAFE Review of Michigan Mortgage Law (Online)

About this Course

Get up to speed on Michigan specific mortgage law!  This course addresses the lending statutes within Michigan law that specifically apply to how mortgage professionals conduct business.  You will review the Mortgage Loan Originator Licensing Act, as well as many other topics, including those listed below.  This Michigan state elective is NMLS-approved for the two hours of state specific education required for mortgage professionals to attain a Michigan mortgage license. NMLS Approval ID 11067
$89.00
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SKU 4309MI00450A00

24/7 access to your course online Certificate of completion

What You'll Learn

  • Understanding of the Department of Insurance and Financial Services, specifically the Office of Consumer Finance
  • Important definitions under Michigan mortgage law
  • Interpretation of primary licensing laws for Michigan mortgage professionals
  • The Secondary Mortgage Loan Act
  • The Consumer Mortgage Protection Act
  • The Mortgage Lending Practices Act

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.

FAQs

Have a question?  Check out our Frequently Asked Questions