2 Hour IN-SOS SAFE Review of Indiana Mortgage Law (OIL)

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$96.00
2 Credit Hours

Details

2 Hour IN-SOS SAFE Review of Indiana Mortgage Law provides a review of Indiana’s Loan Broker Act and other laws that impact mortgage activities in Indiana. In Module 1, students will review definitions found in the Loan Broker Act, as well as information about licensing qualifications and the application process, the reasons an initial license may be denied, issues related to maintaining a license once it is obtained, and prohibited acts for licensees. In Module 2, students will examine additional provisions of the Loan Broker Act, including rules relating to privacy and appraisal, loan broker agreements, and disciplinary action taken against licensees violating the Act. This course meets the 2-hour Indiana-SOS specific pre-licensing education requirement for loan originators and offers a thorough review of the information and laws that license applicants must understand in order to make, broker, or originate loans in compliance with Indiana law.

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