20 Hour FEDERAL SAFE NMLS PE ID# 7366 Mortgage Loan Originator

Overview

This course is designed for individuals obtaining a state license as a Mortgage Loan Originator (MLO).

It meets the requirements of all 50 States for the 20 Hour Pre-licensing Education mandated by the S.A.F.E. Act. It is NMLS Approved Course ID #7366.

The Course objective is to provide the SAFE Act NMLS Education Content in preparation for the National Exam. There is no longer any individual State exam.

MLO provides a detailed analysis of the laws and regulations covering the origination of a mortgage loans.

MLO gives students basic mortgage information and skills necessary to originate a compliant mortgage loan

MLO lays the groundwork for a lucrative career in mortgage lending.

Video Presentation of the entire course.
Deb Killian has taught over 4000 students.
Course is immediately available to start anytime and only starts when you are ready.
Available on all devices 24 hours a day, 7 days a week.
Stay entertained with the video while you learn at your own pace. Other online classes require 20+ hours of reading and testing
No time restriction to complete. Take the full 14 days allowed by regulations or complete the course in 2 days. It’s your option.
FL and CT State PE also available. Other state PE, if required, is offered through third-party provider.
Retake exams and quizzes.
Full PowerPoint Slides with detailed notes give a full narrative on each topic.
Large test bank of questions for highlighting knowledge deficiencies.

NOTE: An NMLS ID# is not required to take the course. When asked for an NMLS ID# just enter any unique number.

For quick overview how the courses work see Getting Started with our Virtual Campus.

For additional terms and purchasing press “MORE INFO”.

Curriculum

13 Sections
23 Lessons
2 Weeks

Expand all sectionsCollapse all sections

INTRODUCTION AND RULES OF CONDUCT
2
- 1.1
  INTRODUCTION
- 1.3
  RULES OF CONDUCT
  10 Minutes0 Questions
MORTGAGE INDUSTRY OVERVIEW
2
- 2.1
  MORTGAGE INDUSTRY
- 2.2
  MORTGAGE INDUSTRY QUIZ
  10 Minutes0 Questions
MORTGAGE LOAN ORIGINATOR LICENSING
3
FEDERAL LAWS AND REGULATIONS
6
LOAN ORIGINATION
8
CONVENTIONAL FINANCING
4
GOVERNMENT LOANS
4
NON-TRADITIONAL PRODUCTS
4
FINANCING INSTRUMENTS
2
- 11.1
  FINANCING INSTRUMENTS
- 11.2
  FINANCING INSTRUMENTS QUIZ
  10 Minutes0 Questions
ETHICS
6
CASE STUDY
1
- 14.2
  COMPREHENSIVE CASE STUDY
  10 Minutes0 Questions
COURSE COMPLETION
2
- 15.1
  COURSE COMPLETION
- 15.3
  COURSE SURVEY
  10 Minutes0 Questions
FINAL EXAM
1
- 16.3
  FINAL EXAM – 20 HOUR FEDERAL SAFE ACT
  10 Minutes0 Questions

Instructor

Debra Killian

Debra Killian, a seasoned Mortgage Loan Originator, Course Developer, and Instructor combines her extensive 35-year background in residential mortgages, real estate, banking, and accounting to excel in the mortgage industry. An alumnus of Western Connecticut State University with a B.B.A. in Accounting,

Debra has been a transformative figure in residential mortgages since 1994, overseeing and managing over $1 billion in real estate loans. Her unique educational and professional journey has positioned her as a dynamic and effective trainer in the mortgage and real estate sectors, offering tailored courses that use mortgage competencies in building long-term relationships with customers and real estate professionals.

A trailblazer in mortgage education, Debra co-authored pivotal NMLS-approved courses, including the 20-hour Pre-licensing SAFE Act course in 2010 and The Mortgage Professional for the same curriculum in 2011. Her contributions continued with co-authoring the MBA's School of Loan Origination and mortgage and real estate continuing education classes.
Debra relentlessly pursues the latest industry trends and regulatory changes, ensuring her courses, both new and existing, are continuously updated and aligned with current standards and practices.

Debra's leadership extends beyond her immediate professional sphere, evidenced by her past roles in the CT Mortgage Bankers Association, the National Association of Mortgage Professionals (NAMB) and various real estate associations.

A sought-after speaker, Debra lends her expertise to various professional groups and is dedicated to developing and delivering custom courses, reflecting her passion for education and industry advancement.

She and her husband Donald DeRespinis, own Charter Oak Systems, LLC which operates Cloes.online, and online education provider for pre-licensing courses required by the Secure and Fair Enforcement ACT (SAFE) Her passion is providing mortgage loan originators competency based training and professional development courses to all elevate mortgage loan originators. In addition to NMLS required courses, Debra and Don provide an array of compliance training to help companies comply with federal and state laws.