8 Hour SAFE Comprehensive: 2023 Originator Essentials (For California DRE Licensees)
Provides both DRE (real estate) and NMLS (mortgage) license renewal credits.
All learning is online. Start immediately. Learn on your own schedule.
Video segments highlight important points
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
Provides CE credits for your real estate license and mortgage license
Have a narrator read the entire course to you as you make progress. You can also download the entire course in MP3 audio format. (National portion only)
This course will provide a comprehensive overview of the regulations that Mortgage Loan Originators (MLOs) will need to comply with in order to protect the interest and well-being of both themselves and their consumers. To ensure that their business practices satisfy the regulations adopted by federal laws, mortgage loan originators need to keep current on the guidelines published by entities such as the Consumer Financial Protection Bureau (CFPB).
Please review the Course Syllabus for more details about this course.
This course has been approved by both the Nationwide Multistate Licensing System and Registry (NMLSR) and the California Department of Real Estate (DRE) to count towards mortgage loan originator license renewal and California real estate salesperson or broker license renewal. This course complies with DRE real estate testing requirements, which restricts licensees to two attempts at the timed 25-minute end-of-course final exam. A valid NMLS ID number is required to receive NMLS credit for this course.
If you are licensed as a mortgage loan originator through the California Department of Financial Protection and Innovation (DFPI), you are required to take a DFPI-specific course to renew your MLO license. This course does NOT include the DFPI component.
This course is new for 2023 and meets the SAFE Act's "successive years" rule.
+ $12.00 NMLS Credit Banking Fee
|Category:||Vocational Training > Mortgage > Continuing Education > California > Consumer Protection|
|Purpose:||Provides both DRE (real estate) and NMLS (mortgage) license renewal credits|
|Features:||Online Text, Online Video, Printable Certificate, PDF eBook, Dual Credit|
NMLS Course Provider ID: 1400327
Purchase of this package requires that you read and acknowledge an Enrollment Agreement before receiving credit for any courses contained in this package. Please review the following:
DRE Sponsor Number: 6347
NMLS Course ID: 14884
NMLS Sponsor ID: 1400327
Credit Hours Provided: 8
Category: Consumer Protection
This California Real Estate Originator License Course provides 8 hours of credit for both:
This course does NOT provide the 1-hour elective required of persons licensed through the California Department of Financial Protection and Innovation (DFPI), however this is available as a separate package for those that need it.
Please read the included syllabus / general information page for full details before making your purchase.
This course will instruct mortgage loan originators on a number of regulations that they will have to comply with while taking part in their mortgage loan origination activities. Rules, such as those implemented by the Dodd-Frank Wall Street Reform and Consumer Protection Act, are set in place to protect the interest and well-being of consumers who apply for mortgages to purchase or refinance their properties. To ensure that their business practices satisfy the regulations adopted by federal laws, mortgage loan originators need to keep current on the guidelines published by entities such as the Consumer Financial Protection Bureau (CFPB).
This course consists of four sections and a final exam
Top 10 Federal Topics for 2023
Ethical Treatment of Consumers
The VA Home Loan Program
Fair Housing in Today's Market
Total study time: 8 credit hours (6 hours, 40 minutes)
Study Time: 3 clock hours (150 minutes of federal law)
Fair lending along with compliance to the law, established rules, and implemented regulations is everyone’s responsibility. When compliance failures occur, everyone, including the customer, loses.
The topics outlined in this module are mandated by the NMLS and state regulators, covering the more egregious regulatory compliance failures recently discovered through various regulatory examinations, investigations, and audits.
Study Time: 2 clock hours (100 minutes of ethics, fraud, and consumer protection)
The ethical treatment of consumers and ethical practices in mortgage lending are a high focus of regulators and consumer advocacy groups. This module will cover ethics, including identity theft prevention, fraud prevention, and consumer protection requirements.
Study Time: 2 clock hours (100 minutes of non-traditional mortgage)
The objective of the Veterans Administration (VA) mortgage loan program is to provide long-term financing to eligible American military veterans and their surviving spouses, helping veterans purchase properties with no down payment. The program allows eligible veterans to buy, build, repair, retain, or adapt a home for personal occupancy as well as refinance an existing mortgage loan.
Study Time: 1 clock hour (50 minutes of elective topics)
All mortgage lenders and originators, and all others involved in mortgage lending, are subject to state and federal fair lending laws. To remain in compliance, everyone in the lending industry should fully understand these laws.
In this module, we will cover fair housing laws designed to protect consumers, your company, and yourself from discriminatory lending practices. Specifically, we are going to explore relevant provisions of fair housing and take a look at a few issues found in fair housing Law.
You must have an NMLS ID to receive credit for this course. You will need this number before you begin the course.
If you already have an NMLS ID but don't remember what it is:
If you do not have an NMLS ID and need to obtain one, use the instructions available in the NMLS Resource Center
Course fees consist of the initial enrollment fee and a NMLS credit banking fee of $1.50 per credit hour.
Course must be completed within one year of enrollment.
All tuition and fees paid for the course are refundable when: (a) the course of instruction is discontinued by OnlineEd and such discontinuation has prevented a student from completing the course; or (b) the enrollment of the student was procured as a result of any misrepresentation in promotion materials of the school, or representation made by an owner or employee of the school. All refunds will be completed within 30 days after the effective date of enrollment termination. Refunds will not be given to any student after the student has successfully registered in a course or courses, as once registered, student has access to the registered courses. In hardship cases, OnlineEd may issue a refund at its sole discretion. OnlineEd does not issue retroactive partial refunds for courses that are subsequently discounted or put on sale after a student makes a purchase.
This course is approved for continuing education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.
In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.
After completing this course you are encouraged to complete the California Department of Real Estate's online course evaluation form. You can access this evaluation at https://www.dre.ca.gov/files/pdf/forms/re318a.pdf.
A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in "RE 340" in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, "RE 340A" is also available.
The California Department of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.
This course will remain available to students for 365 days after enrollment.
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.