Pre-licensing Education Online Self-Paced

4 Hour WV SAFE Review of West Virginia Mortgage Law (OSP)

About This Course

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

$109.00

SKU 4309WV00450A00
24/7 access to your course online Certificate of completion

What You'll Learn

Explanation of the role and authority of the West Virginia Division of Financial Institutions and its Commissioner, which regulate mortgage professionals Definition of the licensing requirements and application process for mortgage broker, lender, and originators Identification of the responsibilities of licensees related to license maintenance, required conduct, advertising and disclosures Summary of prohibited acts and practices for West Virginia mortgage professionals Coverage of unique areas of West Virginia law, including fees and penalties, reverse mortgages and loan term restrictions Discussion of the West Virginia Consumer Credit and Protection Act

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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