1 Hour HI SAFE: Hawaii Mortgage Continuing Education
1-hour Hawaii state-specific course for DFI-licensed mortgage loan originators.
This course meets the DFI state-specific requirement for MLO annual license renewal through the NMLS.
$19.50
Find this page again at:
https://www.onlineed.com/catalog/708/1-Hour-HI-SAFE-Hawaii-Mortgage-Continuing-Education
https://www.onlineed.com/catalog/708/1-Hour-HI-SAFE-Hawaii-Mortgage-Continuing-Education
Key Features:
Online Course
All learning is online. Start immediately. Learn on your own schedule.
Online Audio
Read-along audio plays the course text back to you.
Printable Certificate
Download and print your own certificate.
PDF & EPUB eBook
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
The Hawaii Department of Commerce and Consumer Affairs (DCCA) govern mortgage operations in their respective states, requiring licensees to complete a 1-hour Hawaii state specific course every license renewal cycle. This course will assist HI-licensed mortgage loan professionals to understand not only what is expected of them, but the laws that govern their actions while they assist Hawaiian homeowners or those desiring to finance properties located throughout the state.
Please review the Course Syllabus for details about this course.
This course satisfies 1 hour of required continuing education for Hawaii 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 2023 and meets the SAFE Act's "successive years" rule.
Package Summary
| Price: |
$19.50 (USD)
+ $1.50 NMLS Credit Banking Fee |
|---|---|
| Credit Hours: | 1 |
| Category: | Vocational Training > Mortgage > Continuing Education > Hawaii > CE Elective |
| Purpose: | 1-hour Hawaii state-specific course for DFI-licensed mortgage loan originators |
| Features: | Online Text, Online Audio, Printable Certificate, PDF eBook |
Courses Provided By:
OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com
NMLS Course Provider ID: 1400327
Enrollment Agreement:
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:
1 Hour HI SAFE: Hawaii Mortgage Continuing Education
NMLS Course ID: 14920
NMLS Sponsor ID: 1400327
Credit Hours Provided: 1
Category: CE Elective
The Hawaii Department of Commerce and Consumer Affairs (DCCA) and its Division of Financial Institutions (DFI) requires mortgage licensees in this state to take a one-hour course on Hawaii mortgage lending rules as part of the licensees' annual continuing education requirement for license renewal. This course covers topics relating to Hawaii mortgage regulations.
This two-module course will cover the Hawaii SAFE Act and the Hawaii Mortgage Rescue Fraud Prevention Act.
In our first module we'll begin with a review of the DCCA and the DFI. We'll then cover the duties requires for a Qualified Individual and a Branch Manager, explain the oversight authority of the Commissioner of DFI, and list the prohibited conduct that licensees are not to do during their practice of residential mortgage loan origination.
In the second module we'll explain the purpose of the Hawaii Mortgage Rescue Fraud Prevention Act and the behavior expected of distressed property consultants, including contract requirements. We'll also cover the obligations of the consultant for conveying property and leasing the property back to the original homeowner. Finally we'll list prohibited conduct for distressed property consultants.
Topics and Learning Objectives
This Hawaii loan originator 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:
- Hawaii Secure and Fair Enforcement for Mortgage Licensing Act
- Hawaii Mortgage Rescue Fraud Prevention Act
- Final exam
Total study time: 1 credit hour (50 minutes)
This course will prepare Hawaii-licensed MLOs to:
- Review the structure of the Department of Commerce and Consumer Affairs (DCCA)
- Describe the purpose of the two departments within the Division of Financial Institutions (DFI)
- List the responsibilities expected of a branch manager.
- Identify the Commissioner's investigative and penalty assessment authority.
- Define who is a distressed property consultant.
- Recognize a distressed property owner's contract cancellation rights.
- Describe the requirements of the conveyed property owner if leasing the property back to the original owner.
- List distressed consultant prohibited activities.
NMLS ID Required
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.
Our Mission Statement
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.