+ $1.50 NMLS Credit Banking Fee
|Purpose:||1 hour state-specific online continuing education course for Washington DC mortgage loan originators.|
|Features:||online text, printable certificate, PDF eBook|
|Category:||Mortgage > Continuing Education > Washington D.C. > CE Elective|
7405 SW Beveland Rd,
Portland, OR 97223
1 hour state-specific online continuing education course for Washington DC mortgage loan originators.
NMLS Course ID: 7855
NMLS Sponsor ID: 1400327
Mortgage licensees in the District of Columbia are required by the Department of Insurance, Securities, and Banking (DISB) to take a 1-hour course on local mortgage laws and regulations.
In this course, licensees will review several DISB regulations. The first chapter of this course will outline licensee conduct that is prohibited by consumer protection laws. The second chapter will go over the activities that licensees are expected to comply with when working with residential mortgage loans. The third chapter in this course will describe the disclosures and agreements that must be given to loan applicants, and the fourth chapter will describe the District's laws relating to usury, points, and interest rates.
This 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 clock hour
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
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.