New York NMLS-Approved Mortgage Continuing Education

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

Our NMLS-approved New York mortgage loan originator (MLO) CE courses help you stay licensed and compliant and are specifically designed for New York mortgage loan officers.  We offer comprehensive and core courses as video or online self-paced.

8 Hour SAFE Comprehensive: Understanding Origination Regulations Video CE

Format | Online Self-Paced

Credit Hours | 8

Category | Continuing Education

SKU | 4303US19140A00

$139.00

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Understanding Origination Regulations 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 TILA-RESPA Integrated Disclosure Rule, including a look at the Loan Estimate and Closing Disclosure, as well as several laws that reinforce ethical obligations of mortgage licensees like Regulation N and the Bank Secrecy Act. Students will also review rules for the origination of FHA and VA loans.

3 Hour NY SAFE: New York Mortgage Law Updates (Webinar)

Format | Webinar

Credit Hours | 3

Category | Elective

SKU | 4303NY19500G00

$89.00

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This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan companies doing business in New York. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Services in recent months, paired with a discussion of the relevant sections of New York law and regulations. In Module 1, students will review standards for obtaining and maintaining a license, disclosures, fees and charges, and other required conduct. In Module 2, students will look at junior liens, as well as prohibited conduct, examinations and investigations, disciplinary action, and more.

3 Hour NY SAFE: New York Mortgage Law Updates (Live)

Format | Classroom

Credit Hours | 3

Category | Elective

SKU | 4303NY19500B00

$89.00

More Info

This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan companies doing business in New York. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Services in recent months, paired with a discussion of the relevant sections of New York law and regulations. In Module 1, students will review standards for obtaining and maintaining a license, disclosures, fees and charges, and other required conduct. In Module 2, students will look at junior liens, as well as prohibited conduct, examinations and investigations, disciplinary action, and more.

3 Hour NY SAFE: New York Mortgage Law Updates (Online)

Format | Online Self-Paced

Credit Hours | 3

Category | Elective

SKU | 4303NY19500A00

$54.00

More Info

This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan companies doing business in New York. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Services in recent months, paired with a discussion of the relevant sections of New York law and regulations. In Module 1, students will review standards for obtaining and maintaining a license, disclosures, fees and charges, and other required conduct. In Module 2, students will look at junior liens, as well as prohibited conduct, examinations and investigations, disciplinary action, and more.

11 Hour NY SAFE Comprehensive: Maintaining Mortgage Industry Awareness (Online)

Format | Online Self-Paced

Credit Hours | 11

Category | Comprehensive

SKU | 4303NY19000A00

$154.00

More Info

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

 Your Success is Our #1 Priority

OnCourse Learning empowers aspiring mortgage loan originators 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, plus exam prep tools to help you pass your NMLS license exam. With over 50 years of experience, we are proud to offer the ultimate learning experience no matter where you are at in your mortgage education journey.

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

New York Mortgage License Requirements

Learn about the New York mortgage education requirements for mortgage licensing.

 

Please contact the New York State Department of Financial Services for specific requirements for this state, but generally mortgage loan originators are required to:

  1. Complete a 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 a National Test.

 

 

New York NMLS Pre-License 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
  • 9 hours of electives
  • 3 hours of New York state-specific education

New York Continuing Education Requirements:

State-licensed MLOs are required to complete 11 hours of NMLS-approved 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 electives
  • 3 hours of New York state-specific education

Note: NY-DFI will not accept any hours of other state-specific education to count towards the 1 hour of elective. MLOs are advised to complete either an 11 hour NY Comprehensive course or an 8 hour Comprehensive course and a 3 hour NY elective course.

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.

New York Mortgage Licensing:

NMLS Resources:

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