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).
Lisa W. Wardell, JD, MBA
Chairman and Chief Executive Officer
Adtalem Global Education
Group President, Financial Services
Adtalem Global Education
BA University of Illinois
BA Carrol University
Director of Sales
BA Towson University
April Brandimarte, Online Mortgage Instructor
NMLS Licensed Loan Officer
Tania Walker, Online Mortgage Instructor
NMLS Licensed Loan Officer
Nancy Ballotta, Online Mortgage Instructor
NMLS Licensed Loan Officer
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
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
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
All instructor led courses must be completed within the start and end date of the scheduled training.
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
Mortgage Loan Originator Prelicensing
20 Hour SAFE Comprehensive Applying Mortgage Knowledge to Exam
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
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.
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 Georgia Residents
- If the consumer signs an enrollment agreement and requests a refund within 3 business days after signing the
agreement, then the consumer will be entitled to a full refund, regardless if the classes have started or
not. This communication is through email at
email@example.com. No refunds or credits will be issued after one yearfrom the
date of purchase. All credits must be used within 12 monnths.
- If, after the three (3) day cancellation period expires, a student officially notifies OCL via email of
their withdrawal after instruction begins, and before completion of 50 percent of the contracted instruction
program, the student shall be eligible for refund equal to 50 percent of the dollar amount of the original
purchase of the course. If withdrawal or termination occurs after completion of 50 percent or more of the
program, the student shall not be entitled to any refund.
- 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 withdrawal or termination is the date that the student has begun the official withdrawal
process. A refund due to a student shall be paid within 45 days of the date of withdrawal.
- OnCourse Learning reserves the right to cancel any private live program within seventy-two (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 withdrawal, students must notify OCL via email at firstname.lastname@example.org if they are withdrawing
from the course.
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
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.
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
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
Should this procedure fail, students may contact The Georgia Non-Public Postsecondary Education Commission at https://gnpec.georgia.gov/student-complaints
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.
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 email@example.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).
Course instructors are available to respond to questions via email Monday-Friday, 8AM-6PM (CT): firstname.lastname@example.org
You can also contact Tech Support by calling 877-878-3600 or emailing email@example.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.
- 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.”
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
The refund policy is reasonable and proper for refunding unused portions of tuition, fees, housing or residential
hall charges in the event a student withdraws from or fails to begin a course or program of study. The refund policy
is described in clear, concise language in the institutional catalog, student handbook, enrollment agreement, and