Colorado Full Mortgage Course Catalog
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 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.
Students are encouraged to check with their appropriate Colorado regulatory agency to confirm that the
programs you complete with OnCourse Learning will satisfy your initial or renewal or licensing
certification of that agency.
OnCourse Learning Leadership and Faculty
Group President, Financial Services
Adtalem Global Education
Chief Product Officer
Our staff is available to answer telephone calls and emails Monday through
Friday from 8:00 AM to 5:00 PM EST. The school will observe the following holidays: New Year’s Day,
Memorial Day, Fourth of July, Labor Day, Veterans Day, Thanksgiving Day, and Christmas Day.
Notice to Students
Should you have any questions or difficulty regarding course content, our approved instructor will be glad
to assist you and can be reached at 1-800-532-7649
Enrollment and Fees
OnCourse Learning does not discriminate based on race, sex, religion, ethnic origin, or disability.
Prospective students may enroll anytime. There are no prerequisites for enrollment.
It is advisable to contact your state's Financial Services Board for information specific to becoming
a financial agent in your state.
For our on-line programs, all students must complete the enrollment agreement form within the student
orientation section of the online course.
Course enrollment and course registration are accomplished via the Internet at
www.oncourselearning.com or by telephone at 877-878-3600. Course consultants are easily available by
phone or at email@example.com. Student questions are answered promptly and
This is a 14-day course in which students must complete all coursework by 11PM EST on day 14 of the
course. The final exam will not become available until all required modules are completed and
assignments have been graded and approved. All assignments must be submitted by 6:30PM EST on the
last day of the course. Students should plan accordingly to ensure they are available to complete all
coursework by day 14 so they may receive course credit. 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
In general, the State of Colorado requires all applicants be at least 18 years of age.
Tuition is payable at the time of enrollment.
Tuition is payable via Cash, Check, Visa, MasterCard, or American Express.
The school does not provide assistance or counseling for graduates in arranging interviews with potential
employers. Current law prohibits any school from guaranteeing job placement as an inducement to enroll
Attendance Policy and Grading Policy
In order to get credit for our courses, you must complete 100% of the course (a 100% attendance rate.)
For Financial Services, students must take and pass a final exam based on the information presented
throughout the course. Students must pass with a score of at least 70%. 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 to be issued. If the final assessment is not passed on the first attempt, additional
attempts will be permitted.
OnCourse Learning does not have a leave of absence policy or probationary period. Students are
restricted to completing no more than 8 hours per day.
Student Conduct Policy
Students are expected to act in a manner, which will reflect credit on themselves, the school, and the real
estate and appraisal foundation. Students will be expected to have the highest possible ethical standards
and conduct themselves accordingly. The school has the right to dismiss any student which fails to adhere
to and observe school regulations, is involved in illegal or unethical practices; dishonesty (cheating on
exams) or cannot meet the standards of the school's approved academic and attendance requirements.
Previous Training Credit and Transferability
The school does not guarantee the transferability of its credits to any other institution unless there is a
written agreement with another institution. It is solely up to the receiving school to determine whether
credits will be accepted.
If a student has a transcript from another school showing completion of required courses and evidence of
course approval by the appropriate Colorado regulatory authority, at the discretion of the school, credit
may be given toward a program certificate. Acceptance of credit from another school shall not impact the
Description of Facilities
As our courses are conducted online, students have the ability to take the course at a location and setting
of their choice. Therefore, a description and floor plan of our school is not applicable.
Students not accepted to the school are entitled to all moneys paid. Students who cancel this contract by
notifying the school within three (3) business days are entitled to a full refund of all tuition and fees
paid. Students, who withdraw after three (3) business days, but before commencement of classes, are
entitled to a full refund of all tuition and fees paid except the maximum cancellation charge of $150.00 or
25% of the contract price, whichever is less. In the case of students withdrawing after commencement of
classes, the school will retain a cancellation charge plus a percentage of tuition and fees, which is based
on the percentage of contact hours attended, as described in the table below. The refund is based on the
official date of termination or withdrawal.
OnCourse Learning maintains student records for a minimum of six 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 firstname.lastname@example.org 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).
OnCourse Learning will preserve and protect all student records affected by any ownership change of the
Postponement of State Date
Postponement of a starting date, whether at the request of the school or the student, requires a written
agreement signed by the student and the school. The agreement must set forth:
- Whether the postponement is for the convenience of the school or the student, and;
- A deadline for the new start date, beyond which the start date will not be postponed.
If the course is not commenced, or the student fails to attend by the new start date set forth in the
agreement, the student will be entitled to an appropriate refund of prepaid tuition and fees within 30 days
of the deadline of the new start date set forth in the agreement, determined in accordance with the
school’s refund policy and all applicable laws and rules concerning the Private Occupational Education
Act of 1981.
Student Grievance Procedure
Students may file a complaint online or in person with the Division of Private Occupational Schools of
the Colorado Department of Higher Education at any time. Students are also encouraged to address any
disagreements or conflict directly with OnCourse Learning with a written document outlining the
complaint and communication with OnCourse Learning by contacting the Financial Services School
Director, Bonnie Dryden at 443-391-5214 or via email at email@example.com. All
communications regarding the complaint must be in writing and all meetings and communications will be
documented in the student file. Every attempt at a satisfactory resolution will be made.
Complaints may be filed online with the Division of Private Occupational Schools of the Colorado
Department of Higher Education:
Phone: (303) 862-3001
There is a two-year limitation (from the student’s last date of attendance) on the student filing a
Our Education Course Offerings
Program Title: 20 Hour CO SAFE Comprehensive: Colorado Applying Mortgage Knowledge to Exam
Preparation (Pre-License Online)
Financial Services Course Descriptions
20 Hour CO SAFE Comprehensive: Colorado 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 S.A.F.E. Mortgage
Licensing Act of 2008 and helps to prepare students for the National Mortgage Loan Originator
There are five modules in this course: Federal Mortgage-Related Laws, General Mortgage
Knowledge, Mortgage Loan Origination Activities, Ethics, and Review of Colorado Mortgage
Law. Topics in the Federal Mortgage-Related Laws section include RESPA, ECOA, TILA, and
other federal laws and guidelines. In the General Mortgage Knowledge module, students will
review mortgage programs, loan products, and terms used in the operation of the mortgage
market. Focus areas in the Mortgage Loan Origination Activities module are application
information and requirements, qualification (processing and underwriting), closing, and financial
calculations. The Ethics module will address ethics as it pertains to federal mortgage laws and
ethical behavior related to loan origination activities. The final module will review Coloradospecific laws and regulations related to mortgage loan origination.
This course meets the 20-hour Colorado-specific pre-licensing education requirement for loan
originators, and offers a thorough review of the information and laws that license applicants must
understand in order to make, broker, or originate loans in compliance with state and federal law.
Students will be presented with many practice test questions throughout this course to begin
developing an understanding of how this vital information can be formed into test questions.
Students not accepted to the school are entitled to all moneys paid. Students who cancel this contract by notifying the school within three (3) business days are entitled to a full refund of all tuition and fees paid. Students, who withdraw after three (3) business days, but before commencement of classes, are entitled to a full refund of all tuition and fees paid except the maximum cancellation charge of $150.00 or 25% of the contract price, whichever is less. In the case of students withdrawing after commencement of classes, the school will retain a cancellation charge plus a percentage of tuition and fees, which is based on the percentage of contact hours attended, as described in the table below. The refund is based on the official date of termination or withdrawal.
|Student is Entitled to Upon Withdrawal/Termination
|Within first 10% of program
||90% less cancellation charge
|After 10% but within first 25% of program
||75% less cancellation charge
|After 25% but within first 50% of program
||50% less cancellation charge
|After 50% but within first 75% of program
||25% less cancellation charge
|After 75% [if paid in full, cancellation charge is not applicable]
- The student may cancel this contract at any time prior to midnight of the third business day after signing this contract.
- All refunds will be made within 30 days from the date of termination. The official date of termination or withdrawal of a student shall be determined in the following manner:
a. The date on which the school receives written notice of the student’s intention to discontinue the training program; or
b. The date on which the student violates published school policy, which provides for termination.
c. Should a student fail to return from an excused leave of absence, the effective date of termination for a student on an extended leave of absence or a leave of absence is the earlier of the date the school determines the student is not returning or the day following the expected return date.
- The student will receive a full refund of tuition and fees paid if the school discontinues a Program/Stand-Alone course within a period of time a student could have reasonably completed it. OnCourse Learning will allow access to the purchased course for one year after enrollment date. Except that this provision shall not apply in the event the school ceases operation.
- The policy for granting credit for previous training shall not impact the refund policy.
- All refunds are processed within 30 days of termination or withdrawal.
- The Policy for granting credit for previous training shall not impact the refund policy.