1 Hour AZ SAFE: A Fresh Look at Arizona Mortgage Law (OSP)

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1 Credit Hour


This course will focus on the laws and rules that regulate mortgage loan originators doing business in Arizona. In Module 1, students will examine the authority of the Arizona Department of Financial Institutions, as well as important definitions under the law. Students will also review required conduct for mortgage licensees, including provisions of the law related to license status and duties of mortgage loan originators and their employers. In Module 2, students will review advertising rules and prohibited practices for licensees. Students will also take a look at mortgage fraud and disciplinary action which may be taken when a licensee violates the law.This course satisfies the one-hour Arizona-specific continuing education requirement for loan originators, as specified by Arizona law.

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