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Colorado NMLS-Approved Mortgage Continuing Education

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Choose the Colorado NMLS-approved mortgage continuing education course that is right for you

Our NMLS-approved Colorado mortgage loan originator (MLO) CE courses help you stay licensed and compliant. Our Colorado 8-hour mortgage SAFE comprehensive course is designed specifically for Colorado mortgage loan officers and is offered as an online, self-paced or audio course. 

8 Hour CO SAFE Comprehensive: Maintaining Mortgage Industry Awareness

SKU : 4303CO19000A00

Credit Hours | 8

Category | Comprehensive

$129.00

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Maintaining Mortgage Industry Awareness provides a review of relevant issues facing mortgage loan originators today, specifically those outlined by NMLS as required topics for continuing education. Students will examine provisions of the Truth-in-Lending Act, the TILA-RESPA Integrated Disclosure Rule, and the Qualified Mortgage Rule, including issues related to considering the triggers, tolerances, and thresholds that enable loan originators to determine when disclosures are due and what information is required. In addition, students will take a look at the Real Estate Settlement Procedures Act, specifically rules related to lead agreements, marketing services agreements, co-marketing, desk licensing agreements, and affiliated business arrangements. Students will also review several nontraditional mortgage products, such as adjustable-rate mortgages and fixed-rate mortgages with terms of 15 and 40 years. Finally, students will review mortgage laws and regulations specific to the state of Colorado. This course is NMLS-approved for eight hours of continuing education required for Colorado mortgage loan originators, as specified by the S.A.F.E. Mortgage Licensing Act and Colorado law. Annual S.A.F.E. Act continuing education requirements for Colorado loan originators include three hours of federal law, two hours of ethics, two hours of nontraditional mortgage lending, and one hour of Colorado-specific laws and regulations, for a total of eight hours.

1 Hour CO SAFE: Colorado Mortgage Law Updates

SKU : 4303CO19500A00

Credit Hours | 1

Category | Elective

$39.00

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This course will focus on the laws and rules that regulate mortgage loan originators, lenders, and brokers doing business in Colorado. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will review newly adopted Colorado regulations and requirements for license maintenance. Additionally, students will review rules pertaining to a loan originator's duty of good faith and the requirement to ensure a tangible net benefit exists for the borrower. In Module 2, students will look at provisions of the law related to securing personal information and complying with the law.

 

 

Your Success is Our #1 Priority

OnCourse Learning empowers aspiring mortgage loan originators (MLOs) and seasoned mortgage loan officers to take their learning experience to the next level. Get and maintain your NMLS license with:

  • NMLS approved mortgage pre-licensing, continuing education and late CE courses
  • NMLS test prep tools to help you pass your NMLS license exam
  • Over 20 years of mortgage education experience

We’ve helped over 300,000 mortgage brokers begin and advance their careers. Get started today!

Colorado Mortgage License Requirements

Learn about the Colorado mortgage education requirements for mortgage licensing.

In the state of Colorado, mortgage loan originators are required to:

    1. Authorize a credit report through the NMLS.
    2. Fulfill all state and federal education requirements as designated by your state agency.
    3. Take and pass the National Component.
    4. Prior to submitting a State of Colorado application, two sets of fingerprints for a criminal history background check must be submitted: A). To the Colorado Bureau of Investigation, (CBI); B). To the FBI through the NMLS.
    5. Acquisition of a Surety Bond as required by section 12-61-907, C.R.S., and in accordance with any rule of the Director that directly or indirectly addresses Surety Bond requirements.
    6. Acquisition of the Errors and Omissions insurance required by section 12-61-903.5, C.R.S., and in accordance with any rule of the Director that directly or indirectly addresses Errors and Omissions insurance requirements: an official quote showing a proposed policy number and proposed beginning and ending dates with the applicants name will suffice for the application process provided the applicant, upon issuance of the official State of Colorado license, revisits their Colorado online RMS account and replaces the quote with the actual data. Failure to do so will result in an inactive license.
    7. Complete the online filing and payment for your State of Colorado license.

Colorado NMLS Pre-Licensing Education Requirements:

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. *Note: PE must be completed within 3 years of a new or subsequent license application. This includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending training
  • 2 hours of Colorado state-specific education
  • 10 hours of electives

Colorado Continuing Education Requirements:

State-licensed MLOs are required to complete 8 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

  • 3 hours of federal law
  • 2 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 1 hour of Colorado annual state-specific education

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.

Colorado Mortgage Licensing:

NMLS Resources: