1 Hour ID SAFE: Idaho Mortgage Regulations
1-hour Idaho state-specific course for DOF-licensed mortgage loan originators
All learning is online. Start immediately. Learn on your own schedule.
Read-along audio plays the course text back to you.
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
This course is designed to fulfill the requirements for continuing education set forth by the SAFE Act and the State of Idaho. During this one-hour course we will spend a short amount of time reviewing the structure of Idaho's Department of Finance (DOF), go over important definitions of terms, review Idaho's license and law regulations, go in-depth into compliance issues specific to Idaho law including a case study based on real-world enforcement actions, conduct an examination of Idaho disciplinary actions, and finish with a short section on Idaho's unique state laws and policies.
Please review the Course Syllabus for details about this course.
This course satisfies 1 hour of required continuing education for Idaho licensed mortgage loan originators. This course is approved by the NMLS. A valid NMLS ID number is required to receive credit for this course. Certain states may have additional requirements beyond what this course provides. Be sure to check with your state to see if this course meets your needs.
This course is new for 2021 and meets the SAFE Act's "successive years" rule.
+ $1.50 NMLS Credit Banking Fee
|Category:||Mortgage > Continuing Education > Idaho > CE Elective|
|Purpose:||1-hour Idaho state-specific course for DOF-licensed mortgage loan originators|
|Features:||Online Text, Online Audio, Printable Certificate, PDF eBook|
NMLS Course Provider ID: 1400327
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:
NMLS Course ID: 12974
NMLS Sponsor ID: 1400327
Credit Hours Provided: 1
Category: CE Elective
The Director of the Idaho Department of Finance (DOF) requires mortgage licensees in this state to take a one-hour course on Idaho mortgage lending rules as part of the licensees' annual continuing education requirement for license renewal. This course covers Idaho mortgage topics for licensee continuing education.
The first module of this course describes the organization of the Department of Finance and reviews several mortgage definitions outlined by the Idaho Residential Mortgage Practices Act (IRMPA). We'll also summarize the Idaho regulations relating to exemptions to licensing and how to maintain an active license.
The second module explains the acts and practices that are prohibited for mortgage loan originators to participate in. We'll discuss the maximum points and fees that can be charged to a borrower, describe the disciplinary actions that can be taken against licensees, including fines, and finally we'll summarize the Idaho Financial Fraud Protection Act (IFFPA) and its interpretation of financial fraud.
This course consists of two modules and a final exam:
Total study time: 1 credit hour
This course will prepare Idaho-licensed 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:
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.