+ $1.50 NMLS Credit Banking Fee
|Purpose:||1-hour Rhode Island state-specific course for DBR-licensed mortgage loan originators|
|Features:||online text, printable certificate, PDF eBook|
|Category:||Mortgage > Continuing Education > Rhode Island > CE Elective|
7405 SW Beveland Rd,
Portland, OR 97223
1-hour Rhode Island state-specific course for DBR-licensed mortgage loan originators
NMLS Course ID: 7912
NMLS Sponsor ID: 1400327
The Department of Business Regulation (DBR) requires mortgage licensees in this state to take a one-hour course on Rhode Island mortgage lending rules as part of the licensees' annual continuing education requirement for license renewal. This course covers several Rhode Island topics for licensee continuing education.
The first chapter of this course outlines the Rhode Island Department of Business Regulations and its Banking Division. The second chapter explains the prohibited actions outlined in the RI Home Loan Protection Act. The third chapter covers the classes of citizens that are protected from discrimination in this state. The fourth and last chapter covers the borrower's rights in regards to title insurance and describes prepayment and nonrefundable restrictions.
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.