2 Hour NJ SAFE: Requirements and Prohibitions #12704
The 2 Hour NJ SAFE: Requirements and Prohibitions course meets SAFE Act continuing education requirements for licensed entities. This course is designed for loan originators but contains crucial information on mortgage lending requirements in the state of New Jersey. The course will clarify key terms as they pertain to the mortgage loan business and review the state’s specific requirements for mortgage lenders, mortgage brokers and mortgage loan originators. This course lists the prohibited acts and practices from the New Jersey Residential Mortgage Loan Act, the Home Ownership Security Act and the New Jersey Administrative code.
Please note that the SAFE Act specifically prohibits the taking of the same course in successive years.
Upon completion of this course, you will be able to:
- List the Prohibited Acts and Practices of the NJ Residential Mortgage Lending and Home Ownership Security Acts
- Identify the penalties for violating the acts and how to avoid them
Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles and real-world examples, with audio and/or video recordings of industry experts.
The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. This course will take no less than one hour to complete.
Tuition and Registration
Tuition for this course is $100.00 and includes the Credit Banking and Admin Fee applicable to this course.
Students have until December 31 in the year in which the course is purchased to complete the course.
You may complete the course at any time during this period. However, course providers are afforded seven calendar days to credit the student’s NMLS account following successful completion of the course. It is strongly advised that you complete the course at least one week prior to the December 31 deadline.
NOTE: The SAFE Act specifically prohibits the taking of the same course in successive years.
For more information or to register by phone, call your Regional Account Executive at (800) 848-4904 or visit http://icemortgagetechnology.com/allregs.