1 Hour KY SAFE: Kentucky Mortgage Lending Laws
1 hour state-specific online continuing education course for Kentucky mortgage loan originators.
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
The Commissioner of the Kentucky Department of Financial Institutions (DFI) requires mortgage licensees in this state to take a one-hour course on Kentucky mortgage lending rules as part of the licensees' annual continuing education requirement for license renewal. This course covers Kentucky mortgage topics for licensee continuing education.
The first module of this course outlines the branches within the DFI and reviews several definitions outlined in Kentucky Revised Statute (KRS) chapter 286, the regulation that defines mortgage lending services in this state. We'll review initial licensing requirements and the steps needed to maintain the authorized license.
The second module explains compliance requirements and disciplinary actions available to the commissioner. We'll outline prohibited conduct that licensees should avoid as well as explain conduct that are expected during the lending process. This course will also define the limitations on fees and the state usury regulations, actions that might result in license suspension, and the commissioner's available penalties that can be ordered against guilty licensees.
Please review the Course Syllabus for details about this course.
This course satisfies 1 hour of required continuing education for Kentucky licensed mortgage loan originators. This course is approved by the NMLS. A valid NMLS ID number is required to receive credit for this course. Certain states may have additional requirements beyond what this course provides. Be sure to check with your state to see if this course meets your needs.
This course is new for 2019 and meets the SAFE Act's "successive years" rule.
+ $1.50 NMLS Credit Banking Fee
|Category:||Mortgage > Continuing Education > Kentucky > CE Elective|
|Purpose:||1 hour state-specific online continuing education course for Kentucky mortgage loan originators.|
|Features:||printable certificate, PDF eBook|
7405 SW Beveland Rd,
Portland, OR 97223
Purchase of this package requires that you read and acknowledge a Terms of Service agreement before receiving credit for any courses contained in this package. Please review the following:
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.