OnCourse Learning helps both professionals and companies navigate regulatory
training, certification and compliance
requirements to ensure success and manage risk in their chosen profession. Utilizing real world professionals,
subject matter experts and leading instructional designers, OnCourse Learning is focused on providing students
with
the most current and comprehensive curriculum in relevant and easy to understand formats. We help people get
started
and succeed in their chosen professions.
Adtalem Global Education Inc. is the owner of OCL Financial Services LLC DBA OnCourse
Learning and is an e-learning
partner that empowers companies and professionals to improve, achieve and aspire. For more than 40 years,
OnCourse
Learning has been delivering continuing education, pre-licensing and corporate training. The Financial Services
sector within OnCourse Learning is a national leader in mortgage education. Our mission is to elevate and enrich
the
mortgage industry through its innovative compliance solutions and comprehensive educational programs. Customers
and
partners can choose from proven online campuses/sites to meet their personalized needs.
OnCourse Learning is an approved course provider to deliver pre-license education
courses for professionals that meet
the requirements of the Nationwide
Mortgage Licensing System (NMLS).
Leadership
Lisa W. Wardell, JD, MBA
Chairman and Chief Executive Officer
Adtalem Global Education
Mehul Patel
Group President, Financial Services
Adtalem Global Education
BA University of Illinois
Administrative Faculty
Allison Selbo
Administrator, Compliance
OnCourse Learning
BA Carrol University
Nafi Gerber
Director of Sales
OnCourse Learning
BA Towson University
OnCourse Instructors
April Brandimarte, Online Mortgage Instructor
NMLS Licensed Loan Officer
Tania Walker, Online Mortgage Instructor
BA, Business
NMLS Licensed Loan Officer
Nancy Ballotta, Online Mortgage Instructor
NMLS Licensed Loan Officer
School Facilities
As our courses are conducted online, students have the ability to take the course
at a location and setting of
their choice. The materials for the course are all printable within the learning management system the
course is
taken on.
School Calendar
The OnCourse Learning staff office is closed for the following holidays: New
Year’s Day, Memorial Day,
Independence Day, Labor Day, Thanksgiving, and Christmas. On occasion, the administrative office may close
early
due to inclement weather or on the day before a holiday. When the office does close early, our phone system
will
be changed to announce the closure.
Admission and Enrollment
Students may enroll in our courses at any time by visiting our websites or
calling our enrollment office at
877-878-3600.
All students must be at least 18 years of age and have either a high school
diploma or its equivalent. Please
note that some states have shorter time frames for completing courses. Contact your state licensing
regulator to
ensure that you have the most up-to-date information.
Most of our training is distance education where students can take courses at a
location and setting of their
choice. Our enrollment policy allows students access to the materials for courses within our Learning
Management
System for 1 year from the enrollment date.
Occasionally, OnCourse Learning may offer private live classroom education
training at local mortgage loan
company offices. Please see our website for up-to-date live education schedules at
www.oncourselearning.com/mortgage.
All instructor led courses must be completed within the start and end date of the
scheduled training.
Non-Discrimination Policy
OnCourse Learning does not discriminate against any student on the basis of
gender, race, color, religion, sex,
sexual orientation, national or ethnic origin, marital status, age or disability. Students are encouraged to
use
the student grievance policy on page 9 to resolve any perceived discriminatory action by other students,
faculty
or staff.
Programs Offered
Mortgage Loan Originator Prelicensing
20 Hour SAFE Comprehensive
Applying Mortgage Knowledge to Exam
Preparation.
Course Description: 20 Hour 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 online -
instructor
led 14-day course meets the federal mortgage training requirements found in the SAFE Mortgage Licensing Act
of
2008 and helps to prepare students for the National Mortgage Loan Originator Test. There are four modules in
this course, each aligned with the Test Content Outline: Federal Mortgage-Related Laws, General Mortgage
Knowledge, Mortgage Loan Origination Activities, and Ethics. Topics in the Federal Mortgage-Related Laws
section
include RESPA, ECOA, TILA, the SAFE Act, and other federal laws and guidelines. In the General Mortgage
Knowledge module, students will review mortgage programs, mortgage loan products, and terms used in the
operation of the mortgage market. Focus areas in the Mortgage Loan 5 Origination Activities module are
application information and requirements, qualification (processing and underwriting), appraisals, title
reports, specific program guidelines, closing, and financial calculations. The final module will discuss
Ethics
as it pertains to federal mortgage laws, appraisal practices, fraud, and ethical behavior.
This course 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 4 hours of Oregon law. This dynamic
prelicense
course sets you up for success as an insurance professional and is designed to ensure you pass the state
exam.
OnCourse Learning's Mortgage prelicensing course is an entry-level, online
instructor-led course designed and
approved to meet the 20-hour Pre-licensing education requirement to obtain a Mortgage Loan Originators
license
in Oregon through the NMLS. Upon successful completion of this program the student will receive a completion
certificate. The student’s completion record is also reported electronically to the Nationwide Mortgage
Licensing System (NMLS) for licensing eligibility. The prelicensing examination is a separate requirement
from
education and may actually be taken prior to the education although this is not usually advisable.
Our Mortgage prelicense course is completed online and includes instructor
interaction; therefore, it is not
considered a self-paced course. Complete instructions are provided within the course Syllabus online which
detail the pace at which you must proceed through the content. Courses begin every week (and run for either
7-days or 14-days) but due to regulatory requirements we are not able to publish a full year’s calendar in
advance. You are encouraged to call us or visit our website for upcoming course dates. The maximum time to
complete the Mortgage Program is 12 months from the date of purchase. The NMLS requires that Online
Instructor-Led courses be completed within session start and end dates (14 days total).
Course Tuition and Fees
Tuition Policy
OnCourse Learning does not charge a tuition, the student will pay for each course
they would like to take. All
students are required to pay for the course in full before they start the course. OnCourse Learning does not
offer financial aid or any other type of financing. Course fee may be paid via credit cards: Visa,
MasterCard,
or American Express. A student contact OnCourse Learning at 877-878-3600 for direction on payment. If a
student’s credit card transaction is charged back by the bank after a certificate of completion is issued,
that
certificate will be invalidated.
FEE SCHEDULE
OnCourse Learning reserves the right to change course prices when necessary. Each
course has an all-inclusive
price that covers the cost (tuition) of the course, student handouts, tech support, service charges, and
completion certificates. Our fee schedule for courses is as follows:
- Distance Education:
- Pre-License Education (tuition) is $309
- NMLS Credit Banking Fee is $30 ($1.50 per contact h
- Total Program Cost: $339
Refund Policy for Alabama Residents
- If a consumer requests a cancellation within 72 hours of enrollment date, then the
consumer will be eligible for a full refund. If a consumer requests cancellation after 72
hours of enrollment date, but before start date, then the consumer will be eligible for full
refund except the registration fee. No refunds or credits will be issued after one year
from the date of purchase. All credits must be used within 12 months.
- If the consumer requests a refund after classes begin, then the consumer is eligible for a prorated refund of tuition and any unearned fees.
- If OnCourse Learning closes or discontinues 20 Hour SAFE Comprehensive: Applying
Mortgage Knowledge to Exam Prep, each currently enrolled student will be refunded
monies paid by the student for tuition and NMLS Credit Banking Fee.
- The date of cancellation is the date that the student has begun the official cancellation
process. A refund due to a student shall be paid within 30 days of the date of
cancellation.
- OnCourse Learning reserves the right to cancel any private live program within seventytwo (72) hours of the start of the program. An OnCourse Learning representative will
make a reasonable effort to notify students of cancellation via phone or e-mail. Students
will then be eligible for a full refund of the cost of the program or credit toward another
program of equal or lesser value. OnCourse Learning will not be held responsible for any
expenses incurred due to the cancellation of the program. This includes non-refundable
flights, hotels or any other related expenses.
- If a student has an extenuating circumstance, such as injury, prolonged illness or death,
or other circumstances which prohibit completion of the course, within (1) year of
enrollment, the student will be able to re-schedule into another session to complete the
rest of their course.
- In order to officially enrollment, students must notify OCL via email at support@oncourselearning.com if they are withdrawing
from the course.
Transferability
OnCourse Learning does not grant credit for previous education and training.
Also, OnCourse Learning does not
guarantee the transferability of its credits to any other educational institution. Transferability is up to
the
receiving institution
Attendance and Grading Policy
In private live classroom education, the student must present their photo-ID to
verify their identity.Students
must sign in on a roster at the beginning of class and at the end of class to show they attended the full
day(s). If a student is tardy, they will be directed to re-schedule to another day or to an online class.
In order to get credit for our courses, you must complete 100% of the course (a
100% attendance rate).
We do offer course extensions for missed time when a student hardship has
occurred. OnCourse Learning will allow
one session change for medical emergencies.
Students must take and pass with a score of at least 70%, a final exam based on
the information presented
throughout the course. The final exam will not become available until all required assignments have been
graded
and approved by the instructor.
Students must successfully complete all required reading, course assignments,
quizzes, and the final exam in
order for course credit and a completion certificate to be issued. If the final assessment is not passed on
the
first attempt, additional attempts will be permitted.
Completion certificates/transcripts will be distributed through the student’s
profile once course completion and
attendance has been evaluated and verified by the Compliance Department.
Due to the nature of our enrollment period, a leave of absence does not
necessarily apply.
Student Progress
OnCourse Learning’s distance education is an innovative approach that is entirely
user-driven with a platform
that allows learners to progress at their own pace.
All distance education is timed per NMLS rules and regulations. Students are
required to spend no less than the
minimum time indicated on each page of instruction. Students will not be permitted to move forward to the
next
page before this timing requirement is met.
Each module consists of one to three quizzes presented in open review format and
scored format. You must pass all
module quizzes in scored format prior to the next module becoming available.
At the end of each Module, students will be required to complete an in-course
assignment related to the required
reading. The assignment consists of several questions requiring a brief answer. Students must answer ALL
questions in order to receive credit. Once an assignment has been submitted, it will be placed under review
by
the instructor. Assignments are graded by instructors during business hours, and all assignments must be
submitted no later than 6:30PM EST on the last day of the course, so be sure to plan accordingly. Students
will
not be able to access their final exam until all assignments have been graded and approved by the
instructor.
Students must take and pass a final exam based on the information presented
throughout the course. The final exam
is located under “Modules” in the “Final” tab of the portal. The final exam will not become available until
all
required assignments have been graded and approved by the instructor.
Per NMLS guidelines, students who do not complete all coursework by the deadline
will need to contact their
account manager in order to register for another session; completed coursework will not be transferred to a
new
session, and rescheduling fees may apply and not refundable.
Student Conduct and Dismissal
Students are expected to act in a manner that will reflect well on themselves,
the school, and the Nationwide
Mortgage Licensing System (NMLS) while taking part in online instructor-led courses. Students should
actively
participate in the course by using all available methods of communication with the instructor and fellow
students. Although students participate in class remotely, the online instructor-led format should be
treated
like a live class in terms of establishedstart and end dates/times and required activities. Students are
expected to respect the rights of the instructor and fellow students. Students should refrain from using
offensive or abusive language during real-time, online discussions and may not post offensive or abusive
comments or material to class Message Boards. Students must also refrain from introducing any non-course
related
content or information to discussions. Participants will be provided with instructor contact information for
questions or comments and are encouraged to discuss non-course topics with other participants “off-line.”
The school retains the authority, at its sole discretion, to impose immediate
termination of any student for
miss-conduct when the school deems appropriate. The student will not be able to re-enroll in any OnCourse
Learning courses.
OnCourse Learning does not discriminate on the basis of race, color, sex,
religion, national origin, disability,
or familial status in the establishment of fees, entrance qualifications, or standards forsuccessful
completion
of any course.
Student Grievance Policy
OnCourse Learning encourages open and direct communication. If a student has a complaint or
disagreement regarding any course or instructor, she/he should go directly to the instructor
outside of class time to discuss the situation. If this does not result in resolution, the student
should address the issue in writing to the School Director.
Students must submit a complaint to the Private School Licensure Division within one year of
exhausting the grievance policy with the institution unless there are mitigating circumstances
which prevent the student from doing so
The student must submit the complaint in writing by clicking the following link at https://psl.asc.edu/External/Complaints.aspx or using the complaint form in the quick link’s section. The student complaint must contain a detailed description of the claim, including dates,
times, and full names of all involved, as well as a timeline of the actions taken by both the student
and the school to resolve the matter.
Placement Assist
OnCourse Learning does not provide assistance to students in arranging interviews
with potential employers.
Current law prohibits any school from guaranteeing job placement as an inducement to enroll students.
Student Files
OnCourse Learning maintains student records for a minimum of 5 years. Students
have the right to access their
school records or transcripts. If you would like access to your records, you may contact our Customer
Service
department at 800-229-2207 or via email at
fs@oncourselearning.com
to request a copy. OnCourse Learning will not release any student’s record without prior written consent of
the
student and only in compliance with the Family Educational Rights and Privacy Act (FERPA).
Student Support
Course instructors are available to respond to questions via email Monday-Friday,
8AM-6PM (CT): mortgageinstructor@oncourselearning.com
You can also contact Tech Support by calling
877-878-3600 or emailing support@oncourselearning.com .
The hours of operation are 7:30 AM
to 7:00 PM (CT) Monday through Friday. Email support is available during normal business hours. Email
received
after normal business hours will be answered the next business day. Before you call, please be prepared to
explain your problem in detail and have access to your computer. To effectively troubleshoot your issue, our
technicians will begin by asking you a series of questions regarding your operating environment. They will
need
to know what type of computer you are using, the operating system, and the version number of any associated
software. Your calls may be documented or monitored to help us maintain quality of service standards.
SYSTEM REQUIREMENTS
- Internet Access
- Internet Browser with Flash and Java Script capabilities
Please note, in its Functional Specifications for All NMLS Approved Courses, the
NMLS includes the following
language regarding mobile devices:
“NMLS approves online courses for consumption on desktop and laptop
computers. NMLS has not established technical requirements for, and has not approved courses for use on,
small
hand-held electronic devices such as the iPad, iPhone, tablets, phablets, smart phones, etc. Courses are not
to
be marketed that they are approved for taking on such devices other than a desktop or laptop computer.”
Disclosures
OCL Financial Services LLC
makes no representations
except as expressly set forth in this catalog, and under no circumstances does OCL Financial Services LLC
make
any claim, promise, or guarantee for employment or state licensure. OCL Financial Services LLC reserves the
right to change courses, start dates, tuition, and to cancel courses. Any changes will be made in accordance
with the Nationwide Multilicence Licensing System (NMLS) rules and regulations. The information contained in
this catalog is true and correct to the best of OCL Financial Services LLC’s knowledge
