Pre-licensing Education Online Self-Paced

5 Hour MD SAFE Review of Maryland Mortgage Law (OSP)

About This Course

Get up to speed on Maryland specific mortgage law.This course addresses the lending statutes within Maryland law that specifically apply to how mortgage professionals conduct business.You will review the Office of the Commissioner of Financial Regulation, as well as many other topics, including those listed below.This Maryland state elective is NMLS-approved for the five hours of state specific education required for mortgage professionals to attain a Maryland mortgage license.

$119.00

SKU 4309MD00450A00
24/7 access to your course online Certificate of completion

What You'll Learn

Explanation of the role and authority of the Commissioner of Financial Regulation Review of initial licensing and renewal procedures for Maryland mortgage professionals Summary of the duties licensees have to borrowers, prohibited practices for mortgage professionals and potential disciplinary action for non-compliance with the law Review of Maryland Real Property Law, specifically the Mortgage Fraud Protection Act Coverage of the Maryland Equal Credit Opportunity Act Examination of interest and usury provisions

How it Works

This is an online self-paced course that allows you to study the course material independently and at your convenience. 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

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