MLO Classroom SAFE 20 Hour Live with Test Preparation Corporate Groups
We deliver dynamic live classroom training, NMLS approved 20 hour prelicensing training, at your location. Our instructors have delivered hundreds of successfully classes for varying group sizes from as small groups to hundreds at a time.
The 20 hour prelicensure course is usually delivered in as few as 2 days to as many as 5 days, we can customize the schedule to meet your team's needs!
Course materials, delivery and test preparation material and unlimited practice tests and instructor support delivered until every candidate passes the NMLS exam!
Group, corporate and private venue pricing available and quoted upon request.
This 20 Hour SAFE comprehensive course includes the 3 hours of Federal law, 3 hours Ethics and 2 Hours of training on nontraditional mortgage products. The remaining 12 Hours of electives are allocated to the NMLS tested content on the Uniform State Test, General Mortgage Knowledge, Federal Law and Ethics. INCLUDED in this package is a progressive, comprehensive test prep path prepares state licensed mortgage loan originators (MLOs) to sit for the SAFE MLO National Component Test and pass on their first attempt. Upon successful completion of this class, the SAFE Act requirement for twenty (20) hours of Nationwide Mortgage Licensing System (NMLS) approved education is met.
Delivered in six (6) modules of content, this twenty (20) hour comprehensive course has a scheduled start and end date and is available at your location for your group or corporate training needs, we can deliver it over 2-5 days as business requires. Course books and test preparation program included.
- Module 1 includes content to prepare you for the NMLS Test Categories on the Uniform State Test (UST) and General Mortgage Knowledge. Learn the difference between depository and state licensed mortgage loan originators, understand the licensing process as well as mastering key concepts and terms of the mortgage industry.
- Module 2 Loan Origination Activities covering conforming and government loan guidelines, loan to value, qualifying borrowers, mortgage math appraisals, title work and more to equip you with the basics to pass the NMLS exam.
- Module 3 Federal Law TILA RESPA Integrated Disclosure (TRID) covering in depth the disclosure, timelines for disclosure as well as redisclosure, waiting periods and document retention requirements.
- Module 4 Federal law continues with Qualified Mortgages, Higher Priced Mortgages and High-Cost Mortgage loans, the Real Estate Settlement Procedures Act (RESPA), Equal Credit Opportunity Act (ECOA) and more
- Module 5 completes the strong Federal Law foundation we build with you for success NMLS exam outcomes, covering the Privacy Act (GLB) Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act (FACTA) and the Dodd Frank Act.
- Module 6 finishes your SAFE 20 hour COMPREHENSIVE course on the topics of nontraditional mortgage lending providing a working knowledge of Adjustable Rate Mortgages now that the mortgage industry has transitioned away from epic record low interest rates into moderate interest rates. Learn how to protect you, your company and the consumer from mortgage fraud. Finish the course with the final chapters on the basics concepts of ethics in mortgage lending.
This portion of the course is the test prep portion after you have completed the NMLS approved 20 hour course content including:
- Nearly 2000 questions organized in a progressive manner using topical quizzes and mock exams to speed you to a passing score as quickly as possible so you can pass the real NMLS exam on your first attempt! Save yourself the wasted costs of repeat exam attempts and the even more expensive prospect of waiting and practicing another 30 days!
- Complete presentation of the comprehensive online instructor led course with open navigation so a learner can move freely in the course accessing content on demand
- Searchable 280 page manuscript of reference material with hyperlinked table of contents, and ability to search by keywords
- Charts, product summaries and other reference documents
- Learning games fun education as a pleasant distraction
- Audio narrated key points presentation to drive the concepts firmly home
- Unlimited practice testing included for 60 days.
- Unlike all other schools, your instructor is available during the course and test prep by phone, text, chat and email as well as within the course!
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