9 Hours of 2023 Washington MLO Continuing Education
Complete 9-hour package for WA MLO licensees. Includes the DFI 1-hour state specific requirement.
Washington CE 9 Hours Online Self-Study Bundle
Complete 9-hour package for WA MLO licensees. Includes the DFI 1-hour state specific requirement.
Included Standard:
Online Course Includes Video Printable Certificate PDF & EPUB eBook WA ElectiveOptional Add-Ons:
Read-Along Audio MP3All 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.
Includes state-specific elective course
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 package satisfies the 9 hours of continuing education required for mortgage loan originators licensed in the State of Washington. The Washington MLO continuing education courses included in this package are:
1 Hour WA SAFE: Washington Mortgage Continuing Education (NMLS ID 14843) - This course covers the acts and practices that Washington mortgage licensees are prohibited from participating in as well as the actions that a licensee is allowed to participate in. Please review the Course Syllabus for details about this course.
8 Hour SAFE Comprehensive: 2023 Originator Essentials (NMLS ID 14884) - This course covers the required topics as mandated by the federal SAFE Act for annual NMLS mortgage license renewal. The content covered in this course include the NMLS-required topics that regulators feel licensees need to be refreshed on; a review of ethical practices relating to telemarketing, identify theft prevention, and suspicious activity reports; an explain of the nontraditional VA home loan; and a discussion on fair housing practices. Please review the Course Syllabus for more details about this course.
These courses are new for 2023 and meet the SAFE Act's "successive years" rule.
Price: |
$75.50 (USD)
+ $13.50 NMLS Credit Banking Fee |
---|---|
Credit Hours: | 9 |
Category: | Vocational Training > Mortgage > Continuing Education > Washington |
Purpose: | Complete 9-hour package for WA MLO licensees. Includes the DFI 1-hour state specific requirement |
Features: | Online Text, Online Video, Printable Certificate, PDF eBook, WA Elective |
OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com
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:
NMLS Course ID: 14843
NMLS Sponsor ID: 1400327
Credit Hours Provided: 1
Category: CE Elective
This course will cover many prohibited acts that Washington mortgage loan originators must be familiar with when practicing mortgage loan activities within the state. Students will learn what actions are prohibited by the Revised Code of Washington and the Washington Administrative Code.
After being instructed on what not to do, students will be presented with a list of subjects that they must do during their business. This includes what to do when working for more than one mortgage broker, how to properly use trade names, and licensing of main and branch offices.
Lastly, students will review the Washington required disclosures that must be given to loan applicants.
This MLO continuing education course is broken down into several learning topics. At the end of the course a 15-question final exam will be given. The topics included in this course are:
Total study time: 1 credit hour (50 minutes)
This course will prepare Washington MLOs to:
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:
Login into NMLS
Click on the Composite View tab.
Click View Individual on the sub-header row.
The number that appears in parentheses after your name is your NMLS ID number.
If you do not have an NMLS ID and need to obtain one, use the instructions available in the NMLS Resource Center.
This course will remain available to students for 365 days after enrollment.
NMLS Course ID: 14884
NMLS Sponsor ID: 1400327
Credit Hours Provided: 8
Category: CE Comprehensive
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
Final exam
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
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.
The OnlineEd logo and stylized "O" logo are marks of OnlineEd, LLC. All content owned by OnlineEd, LLC. unless otherwise noted. Other logos are trademarks of their respective organizations. OnlineEd meets all state guidelines for pre-license and continuing education courses where offered.