NMLS Safe Exam Essentials

NMLS Safe Exam Essentials, available at $79.99, has an average rating of 4.25, with 38 lectures, based on 108 reviews, and has 402 subscribers.

You will learn about Federal Mortgage Law MLO Activities General Mortgage Knowledge Ethics Uniform State Content NMLS Test Taking Strategies This course is ideal for individuals who are This course is for aspiring mortgage professionals that want additional training beyond their 20 hour pre-license course to improve their chances of passing the NMLS Safe Exam. It is particularly useful for This course is for aspiring mortgage professionals that want additional training beyond their 20 hour pre-license course to improve their chances of passing the NMLS Safe Exam.

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Summary

Title: NMLS Safe Exam Essentials

Price: $79.99

Average Rating: 4.25

Number of Lectures: 38

Number of Published Lectures: 38

Number of Curriculum Items: 38

Number of Published Curriculum Objects: 38

Original Price: $89.99

Quality Status: approved

Status: Live

What You Will Learn

Federal Mortgage Law
MLO Activities
General Mortgage Knowledge
Ethics
Uniform State Content
NMLS Test Taking Strategies

Who Should Attend

This course is for aspiring mortgage professionals that want additional training beyond their 20 hour pre-license course to improve their chances of passing the NMLS Safe Exam.

Target Audiences

This course is for aspiring mortgage professionals that want additional training beyond their 20 hour pre-license course to improve their chances of passing the NMLS Safe Exam.

Learn what you need to know for all five sections of the NMLS Safe Exam plus math and test strategies to improve your chance of passing. This test has a pass rate of just over 50% and the reason most fail is lack of preparation. Join us in this course to learn what you need to know. The 20-hour pre-license courses do not provide enough information on their own to pass and many online test prep sites are written by people who have not taken the test so you end up going over things that you will not be tested on. We discuss what you need to know to pass, nothing more, nothing less. A few examples of what we will go over:

Federal Mortgage Laws including RESPA, TILA, ECOA, etc.

Uniform State Content – What can keep you from being eligible for licensure? Who needs a license? Who doesn’t?

General Mortgage Knowledge – What is an FHA loan? Who is eligible for a USDA loan? What is a payment cap?

Mortgage Loan Origination Activities – What does a loan originator do? What is a closing cost? What does loan to value mean?

Ethics – What is occupancy fraud? Do I need to fill out a SAR?

Math – How is an ARM rate calculated? What is per diem interest and how is it calculated?

The test – What is the test like? What do I do if I don’t know the answer to a question?

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Chapter 2: Federal Laws

Lecture 1: RESPA 1

Lecture 2: RESPA 2

Lecture 3: RESPA 3

Lecture 4: ECOA

Lecture 5: TILA

Lecture 6: HOEPA, HPML, & TRID

Lecture 7: Loan Estimates

Lecture 8: Closing Disclosures

Lecture 9: Dodd – Frank

Lecture 10: HMDA & FTC Red Flags Rule

Lecture 11: FCRA & FACTA

Lecture 12: Do Not Call & Bank Secrecy Act / Anti-Money Laundering

Lecture 13: Gramm-Leach-Bliley Act, Mortgage Acts and Practices, and E-SIGN Act

Lecture 14: MARS Act, Patriot Act, Homeowner's Protection Act, and Regulatory Authorities

Chapter 3: Uniform State Content

Lecture 1: SAFE Act

Lecture 2: Definitions and Applications

Lecture 3: License Qualifications

Lecture 4: License Maintenance

Lecture 5: NMLS Requirements

Chapter 4: General Mortgage Knowledge

Lecture 1: Secondary Market

Lecture 2: Government Loans

Lecture 3: Mortgage Products 1

Lecture 4: Mortgage Products 2

Lecture 5: Terms

Lecture 6: Legal Terms

Chapter 5: Mortgage Loan Origination Activities

Lecture 1: Application Information

Lecture 2: Disclosures

Lecture 3: Qualifications Part 1

Lecture 4: Qualifications Part 2

Lecture 5: Appraisals, Tangible Net Benefit, and Title

Lecture 6: Insurance, Documents, and Fees

Lecture 7: Math Part 1

Lecture 8: Math Part 2

Lecture 9: Math Part 3

Chapter 6: Ethics

Lecture 1: Ethics Part 1

Lecture 2: Ethics Part 2

Chapter 7: Wrap Up / Testing Strategies

Lecture 1: Wrap Up

Instructors

Andy Collins
Tech, Finance, and Business Specialist

Rating Distribution

1 stars: 2 votes
2 stars: 4 votes
3 stars: 5 votes
4 stars: 30 votes
5 stars: 67 votes

Frequently Asked Questions

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You can view and review the lecture materials indefinitely, like an on-demand channel.

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