[Standard] 20 Hour SAFE Comprehensive with California DBO Elective
Become a licensed MLO under the California DBO. Includes both national and DBO state-specific requirement.
All learning is online. Start immediately after registration.
Video segments highlight important points
Read-along audio plays the course text back to you.
Participate in an online session with a live instructor.
Includes the online self-study course necessary for a CA DBO state license.
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
Large bank of test questions familiarize you with licensing exam topics.
Practice tests simulate a real licensing exam and help you mentally prepare.
This package contains two courses required for individuals who want to become licensed mortgage loan originators under the regulation of the California Department of Business Oversight (DBO). Students are required to take a standard national study component and a DBO-specific 2-hour course.
20 Hour SAFE Comprehensive: Mortgage Loan Originator Prelicensure Course (NMLS ID 6121) - This course starts by teaching you the basics about what a mortgage loan is, goes into the federal laws and ethical practices that you will be expected to comply with, covers how to get a mortgage loan originator's license via the Nationwide Mortgage Licensing System (NMLS), and explains several nontraditional mortgage loans you may not be familiar with. We'll also show the step-by-step process to filling out a mortgage application, making note of factors that potentially could become issues with your customer's loan, and then walk through the loan underwriting process to loan closing.
2 Hour CA-DBO SAFE: California Mortgage Lending Laws (NMLS ID 11090) - This DBO-specific online self study course will cover the specific State of California licensing requirements and the additional CA mortgage lending laws that must be followed.
Please see the course details below to download a copy of each courses' syllabus.
The 20-hour MLO prelicense course is presented in an online instructor-led format. The course is made of online reading materials and activities, along with scheduled instructor sessions that will be available for each of the four days the course takes place. The instructor sessions are provided through a webinar software and a dial-in audio telephone number. You can use the instructor session to ask questions about the course content.
The 2-hour DBO course is presented as a self-study course that you can complete at your own pace after completing the 20-hour main course. It will cover rules and regulations specific to California and the California Department of Business Oversight (DBO).
Included in this bundle is a supplemental online study guide to help you retain the information covered during the instructor-lead 20-hour prelicense course. Each segment from the prelicensure course has a corresponding chapter in the exam prep guide, containing additional test questions to help you remember the segment topics. At the end of the study guide is an exam based on the same requirements as the actual licensing exam: 125 questions in 190 minutes with a minimum 75% passing score. The exam prep module does not contain any state-specific material.
The exam prep study guide does not have to be completed to pass the MLO education requirement, but may be useful for preparing to take the NMLS mortgage loan originator licensing exam.
+ $33.00 NMLS Credit Banking Fee
|Category:||Mortgage > License Training > California|
|Purpose:||Become a licensed MLO under the California DBO. Includes both national and DBO state-specific requirement.|
|Features:||Online Materials, Online Video, Online Audio, Live Class Webinar, State Component, Printable Certificate, PDF eBook, Practice Tests, Test Simulator|
7405 SW Beveland Rd,
Portland, OR 97223
Purchase of this package requires that you read and acknowledge a Terms of Service agreement before receiving credit for any courses contained in this package. Please review the following:
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.