7-Hour SAFE Core: Mortgage Loan Originator 2024

This class is exactly what a Mortgage Loan Originator needs to complete an NMLS continuing education requirement for a seven-hour SAFE class.

Seven CEU Credits

Course Approval Number: #16165

Provider Number: 1405086

$44.99

Out of stock

The SAFE Act of 2008 requires that state-licensed Mortgage Loan Originators complete NMLS-approved education annually to meet the requirements that NMLS has set forth. This course will provide MLOs with the correct and up-to-date information to fulfill the role of helping people reach their goal of home ownership.

This course covers the required seven (7) hours of mortgage loan continuing education by the SAFE Act as a condition for retaining a state-issued MLO license. This includes 3-hours of federal law, 2 hours of ethics, 2 hours of non-traditional mortgage products. This course is a composite of reviews of regulations, updates, and legislative actions significant to mortgage loan originators active in the business.

Learning Objectives

  • Explore TILA as a federal law.
  • Recall key amendments and milestones in TILA's evolution.
  • Evaluate the purpose and scope of TILA.
  • Identify key definitions in TILA.
  • Clarify the basics of real estate settlement procedures act (RESPA).
  • Explain disclosures mandated by RESPA.
  • Evaluate circumstances or transactions exempt from RESPA.
  • List components of GFE.
  • Recall the ethical considerations in RESPA compliance.
  • Explain ECOA as a federal statute.
  • List types of discriminatory practices prohibited by ECOA.
  • Discuss fair lending practices.
  • State consequences and penalties for ECOA violations.
  • Recall the importance of ethics in mortgage lending.
  • Evaluate key ethical principles.
  • Apply ethical dilemmas in loan origination scenarios.
  • Memorize regulatory compliance and ethical practices.
  • Define ethical conduct and professional standards.
  • Demonstrate integrity and ethics in client relationships.
  • Evaluate fair lending and non-discrimination practices.
  • Apply ethical responsibilities in client education and guidance.
  • List the types of non-traditional mortgage products.
  • Weigh FHA loan programs and their significance.
  • Apply SBS/AARMR guidelines for managing risks.
  • Appraise best practices in mitigating risks in non-traditional mortgage products.
  • State the types of non-traditional mortgage products.
  • Define negative amortization and its implications.
  • Discuss features and benefits of 15-year loans.
  • Compare reverse mortgages and VA loans.

Who will Benefit from this Class

Individuals who would benefit from taking the NMLS SAFE class include:

  • Loan Originators
    Individuals who originate mortgage loans, including mortgage brokers, loan officers, and loan processors.
  • Mortgage loan Officers
    Professionals who work for banks, credit unions, or other financial institutions and help borrowers secure mortgage loans.
  • Mortgage Brokers
    Professionals who work independently to connect borrowers with lenders and broker mortgage loans on behalf of their clients.
  • Mortgage processing professionals
    Individuals who work behind the scenes to process mortgage applications, including verifying borrower information and coordinating the loan closing process.

NMLS Continuing Education Requirements for Mortgage License Renewal

The SAFE Act requires licensed mortgage loan originators (MLOs) to take a minimum of 8 hours of continuing education (CE) every year as a condition for mortgage license renewal. Your CE must be completed before submitting paperwork for license renewal through the NMLS website. NMLS continuing education credit hours must be in the following categories:

  • 3 hours of Federal Laws and Regulations
  • 2 hours of Ethics topics covering fraud, fair lending, and consumer protection issues
  • 2 hours of non-traditional mortgage training
  • 1 hour of electives

Each state has its own license renewal requirements. If you are licensed in other states, check with each state to learn if you need to take any state-specific elective courses. See the NMLS education chart for details. MLOs that hold multiple licenses often take our 7-Hour SAFE Core CE Course and then the individual electives for each state they need.

 

SMART Renewal Deadline

SMART Deadlines are set each year to help ensure MLOs complete their CE in time for courses to be reported into NMLS and to allow time for submitting the renewal application.

CE course reported to NMLS by Friday, December 9, 2024

At-Risk-to-Miss Renewal Deadline: Course reported to NMLS by Friday, December 16, 2024

Guaranteed to Miss Renewal Deadline: Course reported to NMLS on Friday, December 30, 2024

For more information: NMLS Education FAQ on the NMLS website.

Alert: Many state agencies also have state-specific CE requirements. See the State-Specific Education Requirements for details.

This course includes:

  • Virtual Access From Any Computer
  • Certificate of Completion
  • Competitive Pricing
  • 100% Satisfaction Guarantee

Frequently Asked Questions About this Class

Can’t find the answer you’re looking for? Reach out to sue@educationpathways.biz.

Yes. The passing score is 70%. There are 25 questions in the test that are randomly retrieved from a test bank. The test may be taken after a review of materials as many times as is necessary to pass.

There are also questions throughout the class that can be taken as often as is necessary to master the material.

The class is timed to take fifty minutes per hour according to the NMLS timing specifications.

Yes. The certificate will appear in the participant’s dashboard and it may be downloaded and printed.

The class will be available until December 31.

Yes. It generally takes five days for the class to appear in a participant’s record.

FAQs About Our Online Classes in General

Can’t find the answer you’re looking for? Reach out to sue@educationpathways.biz.

Completing an online class is easy, even if your computer skills are not well developed. Instructions are clear.

Classes consist of slides that you may click through at your own pace. There are audio clips, some video instructions, activities like matching, drop and drag, pictures, visuals and case studies. Some classes have pop-up quizzes that are not scored. Some, depending upon the requirements of the agency that governs the industry, have final exams of multiple- choice questions. The classes are easy to take and move quickly, depending upon how fast the Learner wants to proceed.

Some industries require their licensees to maintain a fifty-minute hour of seat time and those slides are timed to assure that the requirement is met.

Yes, if the phone is in the landscape position but this is not the ideal way to enjoy or maximize what you learn from the class. A larger screen works very well and is much better to use. Also, some regulatory agencies prohibit taking continuing education classes on cell phones.

Yes. Here’s how:


  1. Click on “My Account” on top of Education Pathways home page.

  2. Enter the user name and password that you chose when you purchased your first class. Hit “enter” on your keyboard.

  3. Click on “View Course” for the class you would like to complete.


Yes, participants typically have access to course materials, presentations, and resources for twelve months after purchasing the course. This allows for review and reference, ensuring continued learning and application of knowledge.

Education Pathways has a 100% money-back guarantee. Should a learner request a refund before the successful completion of a class not reported as completed, the refund will be processed immediately.

Yes. When you reach the end of the class, you will see the word “Certificate” on the left side of the screen. Click on it to download. The Certificate of Completion will have your name, license number, number of continuing education hours (CEU or PDH) and date of completion. This certificate will remain in the dashboard of your account.

Education Pathways’ courses are approved by your state to fulfill your licensing renewal requirements if your state or profession requires this. Course descriptions and the approval numbers from each state's licensing agency are on the course page.

It is always the responsibility of the professional to determine that they have enrolled in the correct classes to fulfill their requirements. Contact the agency that regulates your industry in your state to confirm your requirements.

Education Pathways has been providing online continuing education classes for more than twenty years. We guarantee that the classes are appropriate for the professions that we serve and that promise is supported by a 100% Satisfaction Guarantee.

Education Pathways’ online classes provide an interactive learning experience that can be completed at your desired speed for a low cost. Learning by reading a book provides a different type of learning methodology at a significantly higher cost. If you want to revisit course information you can do so at any time within one year of purchasing the class. It is also possible to take a screenshot of a slide if you want to revisit it away from your computer.

Yes. If your profession requires that your credits be reported,. Education Pathways will do that promptly, usually within 24 hours. It sometimes takes the governing agency a few days to update your account. If reporting is not required, retain your Certificates of Completion for your records to confirm that you have completed the classes necessary to renew your license.