Washington NMLS-Approved Mortgage Continuing Education

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

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

9 Hour WA SAFE Comprehensive: Maintaining Mortgage Industry Awareness (Online)

Format | Online Self-Paced

Credit Hours | 9

Category | Comprehensive

SKU | 4303WA19000A00

$134.00

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

1 Hour WA SAFE: Washington Mortgage Law Updates (Webinar)

Format | Webinar

Credit Hours | 1

Category | Elective

SKU | 4303WA19500G00

$69.00

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This course will focus on the laws and rules that regulate mortgage loan originators and brokers doing business in Washington. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Institutions in recent months, paired with a discussion of the relevant sections of Washington law and regulations. In Module 1, students will review standards for maintaining a license, recordkeeping requirements, advertising rules, and limitations on fees and charges. In Module 2, students will look at required disclosures and prohibited conduct for licensees, as well as disciplinary action that may be taken when violations of the law occur.

1 Hour WA SAFE: Washington Mortgage Law Updates (Live)

Format | Classroom

Credit Hours | 1

Category | Elective

SKU | 4303WA19500B00

$69.00

More Info

This course will focus on the laws and rules that regulate mortgage loan originators and brokers doing business in Washington. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Institutions in recent months, paired with a discussion of the relevant sections of Washington law and regulations. In Module 1, students will review standards for maintaining a license, recordkeeping requirements, advertising rules, and limitations on fees and charges. In Module 2, students will look at required disclosures and prohibited conduct for licensees, as well as disciplinary action that may be taken when violations of the law occur.

1 Hour WA SAFE: Washington Mortgage Law Updates (Online)

Format | Online Self-Paced

Credit Hours | 1

Category | Elective

SKU | 4303WA19500A00

$39.00

More Info

This course will focus on the laws and rules that regulate mortgage loan originators and brokers doing business in Washington. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Institutions in recent months, paired with a discussion of the relevant sections of Washington law and regulations. In Module 1, students will review standards for maintaining a license, recordkeeping requirements, advertising rules, and limitations on fees and charges. In Module 2, students will look at required disclosures and prohibited conduct for licensees, as well as disciplinary action that may be taken when violations of the law occur.

 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
  • Exam prep tools to help you pass your NMLS license exam
  • Over 50 years of mortgage education experience

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

Washington Mortgage License Requirements

Washington Mortgage License Requirements

Learn about the Washington mortgage education needs and additional requirements for mortgage licensing.

 In the state of Washington, 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.
  5. Apply for the MLO License: Complete and submit your MU4 through the NMLS, including paying the license fee.
  6. Sponsorship: Contact your employer to submit a sponsorship request in NMLS for your license application.
  7. Fingerprinting: After applying for the MLO license, schedule an appointment to have your fingerprints taken by a NMLS-authorized fingerprint vendor. DFI cannot begin processing your MLO application until criminal background check results have been reported in the NMLS.
  8. After applying for the MLO license, fax or email the MLO New Application checklist to DFI at (360) 664-2258 or DCS@dfi.wa.gov.

Washington NLMS Pre-Licensing Education Requirements

New state-licensed MLOs are required to complete 22 hours of NMLS-approved education. This includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending training
  • 10 hours of electives
  • 4 hours of Washington state-specific education

Washington Continuing Education Requirements

State-licensed MLOs are required to complete 9 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 electives
  • 1 hour of Washington 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.

Washington Mortgage Licensing: More Information

Washington Department of Financial Institutions

Phone: 360-902-8703

Email: dcs@dfi.wa.gov

Website: www.dfi.wa.gov

NMLS Resources:

To view the Washington MLO License Description Page, please click here.

Professional Standards: Mortgage Education – click here

Professional Standards: Criminal Background Check – click here

Professional Standards: Credit Report – click here

Professional Standards: Mortgage Education – click here

Professional Standards: MLO Testing – click here

 

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