Evaluating the Equal Credit Opportunity Act

This title is one of the many courses available in the AllRegs Education Package subscription program!

This course provides students with the tools needed to maintain compliance with the Equal Credit Opportunity Act. The course describes the impact that ECOA has on the mortgage lending industry and explains ECOA specific restrictions and prohibitions. Students will learn to distinguish between a loan inquiry and an ECOA application and be able to identify the notice requirements under ECOA. Additionally, the course identifies a lender’s responsibilities under ECOA to ensure compliance and outlines methods that lenders can use to avoid risk of violation. The course includes a variety of learning activities, real-life examples and scenarios designed for students to apply their knowledge of ECOA.

What will I learn?

Upon completion of the course, students will be able to:

  • Distinguish between application and inquiry
  • Summarize ECOA prohibitions
  • Identify notice requirements
  • Describe lender responsibilities

Download Course Syllabus

Course Length

45 minutes (approximate)

How it works

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, real world examples, and, where appropriate, video and/or audio 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. While course completion time varies per student, it will take approximately one hour to complete most courses.

Students have 12 months from the registration date to complete the course. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.

*Restrictions apply. If your staff size exceeds 250, please consider the Enterprise AllRegs Education Package.