+ $15.00 NMLS Credit Banking Fee
|Purpose:||NMLS license renewal package for MLOs licensed in both Washington and Oregon.|
|Features:||online text, online video, online audio, printable certificate, PDF eBook|
|Category:||Mortgage > Continuing Education > Oregon|
7405 SW Beveland Rd,
Portland, OR 97223
NMLS license renewal package for MLOs licensed in both Washington and Oregon.
This package provides everything mortgage loan originators need to renew a license in both Oregon and Washington. The package includes the required 7 hours of core education plus electives that cover Oregon's 2-hour state-specific requirement and Washington's 1-hour state-specific requirement. This package is ideal for MLOs looking to do business in both states or that work in border metro areas like Portland/Vancouver.
The courses included in this package are:
1 Hour WA SAFE: Prohibited Conduct and Permitted Acts (NMLS ID 10669) - 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.
2 Hour OR SAFE: Oregon Mortgage Lending Rules (NMLS ID 10690) - This course covers the 2-hour state-specific category as required by the Oregon Department of Consumer and Business Services (DCBS). The topics of this course include a review of the DCBS, licensing laws, required disclosures, advertising rules, prohibited acts, and the DCBS investigation process. Please review the Course Syllabus for more details about this course.
7 Hour SAFE Core: 2019 Originator Fundamentals (NMLS ID 10691) - This course covers the required topics as mandated by the federal SAFE Act for annual NMLS mortgage license renewal. The topics in this course are the TILA/RESPA Integrated Disclosure, RESPA Section 8 and Marketing Service Agreements, and ECOA [3 hours federal law]; Identity Theft Rules, Telemarketing Sales Rules, and SARS [2 hours ethics]; and the VA home loan guarantee [2 hours mortgage loans]. Please review the Course Syllabus for more details about this course.
These courses are new for 2019 and meet the SAFE Act's "successive years" rule.
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.