+ $1.50 NMLS Credit Banking Fee
|Purpose:||1-hour Colorado state-specific course for DORA-licensed mortgage loan originators|
|Features:||online text, printable certificate, PDF eBook|
|Category:||Mortgage > Continuing Education > Colorado > CE Elective|
7405 SW Beveland Rd,
Portland, OR 97223
1-hour Colorado state-specific course for DORA-licensed mortgage loan originators
NMLS Course ID: 10605
NMLS Sponsor ID: 1400327
Mortgage loan originators licensed under the Colorado Department of Regulatory Agencies (DORA) Division of Real Estate are required to take one hour of Colorado regulation education every renewal period to keep their licenses in active status. This course includes the DRE mandated topics for the 2019 mortgage licensee renewal cycle.
This course begins with an overview of recent regulation updates to Colorado Revised Statutes (CRS) such as the requirements for receiving an MLO license. The second module will explain the Protection for Consumer Data Privacy rules effective as of September 2018. The third module is a review of Errors and Omission (E&O) insurance requirements. The fourth module describes a licensee's responsibility to make reasonable inquiries to their loan applicants, and the fifth and last module demonstrates a licensee's expectation of competency.
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 (50 minutes)
This course will prepare Colorado DRE-licensed MLOs to:
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.