NY SAFE Mortgage Loan Originator Course (20-Hour)
1509 & RE CE M9616
Real Estate Continuing Education Course
This class is more than just a real estate continuing education course. It is also the class you take if you want to prepare for NY State’s Mortgage Loan Originator License. Understanding the mortgage process in important whether you work on the financial side or the real estate side. A mortgage loan originator (MLO) is an individual who works with a borrower and negotiates the terms of a residential mortgage loan transaction with various lenders. This means they help people who are looking to buy a house get the financing they need.
As a Mortgage Loan Originator you will understand the fundamentals of the residential mortgage lending process—from pre-qualifying potential borrowers, to understanding appraisals, and closing a loan.
Join in a detailed discussion about the specifics of New York laws related to the licensing and activities of mortgage bankers, mortgage brokers, and mortgage loan originators. You’ll be provided an overview of the Banking Department and the broad scope of its authority, as well as explore the New York Banking Laws and other regulations pertaining to consumer protection.
Learn ways to successfully navigate the mortgage lending field and get the preparation you need to pass the New York state’s SAFE mortgage exam. This 20-Hour NY SAFE Comprehensive Mortgage Loan Originator course is designed to meet the core criteria established by the SAFE Act for national mortgage loan originators, including three hours on federal lending legislation, three hours on the critical topic of fair lending and ethics, and two hours on nontraditional lending products.
Mortgage is among the six licensing schools offered at Real Estate Education Center. Click here to find out more about the rest of our Mortgage Program and the resources we offer.
Register for the NY SAFE Mortgage Loan Originator Course today. You can enroll by registering online below, or calling us at 800-547-6020.