Missouri NMLS-Approved Mortgage Continuing Education

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

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

8 Hour MO SAFE Comprehensive: Maintaining Mortgage Industry Awareness

SKU : 4303MO19000A00

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 Missouri. This course is NMLS-approved for eight hours of continuing education required for Missouri mortgage loan originators, as specified by the S.A.F.E. Mortgage Licensing Act and Missouri law. Annual S.A.F.E. Act continuing education requirements for Missouri loan originators include three hours of federal law, two hours of ethics, two hours of nontraditional mortgage lending, and one hour of Missouri-specific laws and regulations, for a total of eight hours.

1 Hour MO SAFE: Missouri Mortgage Law Updates

SKU : 4303MO19500A00

Credit Hours | 1

Category | Elective

$39.00

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This course will focus on the laws and rules that regulate individual mortgage loan originators and mortgage loan brokers doing business in Missouri. 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 provisions of the Missouri S.A.F.E. Act and its accompanying regulations, including definitions and requirements to obtain an initial license, as well as requirements related to maintaining a license. In Module 2, students will look at prohibited and required conduct for licensees under the Act, as well as disciplinary action that may be taken when violations of the law occur. Students will spend the remaining time reviewing provisions of the Reverse Mortgage Act and the second mortgage lending statute.

 

 

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!

Missouri Mortgage License Requirements

Learn about the Missouri mortgage education requirements for mortgage licensing.

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

    1. Complete a federal and state Criminal Background Check (CBC).
    2. Authorize a credit report through the NMLS.
    3. Fulfill all state and federal education requirements as designated by your state agency.
    4. Take and pass the National Component.
    5. Must be employed and acting under the supervision of a single Missouri licensed residential mortgage loan broker.
    6. Shall be covered by the surety bond for the Missouri licensed residential mortgage loan broker supervising the mortgage loan originator and for whom the mortgage loan originator acts as an employee or exclusive agent.

Missouri NMLS Pre-Licensing Education Requirements:

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 12 hours of electives

Missouri 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 Missouri 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.

Missouri Mortgage Licensing: 

NMLS Resources: