+ $1.50 NMLS Credit Banking Fee
|Purpose:||1-hour Florida state-specific course for Office-licensed mortgage loan originators|
|Features:||online text, printable certificate, PDF eBook|
|Category:||Mortgage > Continuing Education > Florida > CE Elective|
7405 SW Beveland Rd,
Portland, OR 97223
1-hour Florida state-specific course for Office-licensed mortgage loan originators
NMLS Course ID: 7854
NMLS Sponsor ID: 1400327
The Florida Office of Financial Regulation (OFR or the Office) requires mortgage licensees in this state to take a one-hour course on Florida mortgage lending rules as part of the licensees' annual continuing education requirement for license renewal. This course covers the four topics outlined by OFR for licensee continuing education.
The first chapter of this course identifies the definitions located in Florida Statute 494, Loan Originators and Mortgage Brokers. The second chapter is a review of licensing requirements, including reasons for license denial and exemptions to licensing. The third chapter examines the rules and regulations that licensees must comply with in their practice of mortgage loan lending in Florida, and the fourth chapter covers the various disciplinary actions the OFR may take against licensees who are in violation of any Florida mortgage regulation.
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:
This course will prepare Florida OFR-licensed MLOs to:
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.