Loading...
Pre-licensing Education Online Instructor-Led

20 Hour MI SAFE Comprehensive: Michigan Applying Mortgage Knowledge to Exam Preparation (OIL)

20 Hour MI SAFE Comprehensive Applying Mortgage Knowledge to Exam Preparation is a test-focused mortgage pre-licensing course, organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This course meets the federal mortgage training requirements found in the SAFE Act and helps to prepare students for the National Mortgage Loan Originator Test. This MLO pre-licensing online course also satisfies the required 2 hours of Michigan law.
$349.00
SKU 4301MI00000C00
24/7 access to your course online Certificate of completion

What You'll Learn

  • Federal and state regulatory authority over mortgage professionals
  • General required and prohibited conduct under federal mortgage laws and regulations
  • 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 instructor-led course that allows you to study the course material with the help of instructor interaction and checkpoints. 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