CA-DFPI 2 Hr State Law PE (online self-study)

$69

This course (course # 11779) was developed to meet the 2 Hr CA-DFPI state law preliminary education requirement for your NMLS license!  This is a convenient online course that you take at your own tempo and can stop and start at anytime.

 

Category:

Description

COURSE DESCRIPTION:

This is a self paced course that you can begin at any time and complete on your schedule.   The course purpose is to satisfy NMLS Individual Elective Course State Agency Specific (California) pre-licensure education.

LEARNING OBJECTIVES:

  • Understanding the two California laws governing MLO licensees
  • Understanding the California regulations set forth to further promulgate the law
  • Understanding MU forms
  • Familiar with mission & history of DFPI
  • Definition of Finance Lender & Broker
  • Understanding Surety Bond
  • Requirements for sponsoring MLO
  • Licensing requirements
  • State licensed mortgage business obligations
  • Familiar with CRMLA definitions and requirements
  • Familiar with CRMLA exemptions
  • Understand the Loan Brokerage Agreement
  • Borrower & Licensee written agreement
  • Commissioner requirements for accepting application for MLO license

WHO SHOULD ATTEND:

Any mortgage professional needing to satisfy their CA-DFPI 2 hr state law requirement.

GRADUATION:

Upon successful course completion, your credits will be posted with NMLS within 2 business days.

 

 

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