Pre-licensing Education Online Self-Paced

3 Hour NY SAFE Review of New York Mortgage Law (OSP)

About This Course

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

$99.00

SKU 4309NY00450A00
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24/7 access to your course online Certificate of completion

What You'll Learn

Explanation of the authority of the New York Department of Financial Services and its Superintendent Summary of the licensing requirements and application process Coverage of prohibited conduct for licensees, including potential disciplinary action for violations of the law Summary of New York Real Property Law Explanation of the Home Equity Theft Prevention Act and New York Fair Lending Law Definition of high-cost home loans, including definition of thresholds, required disclosures and prohibited terms and practices

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.

State Requirements

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