2 Hour NH SAFE Review of New Hampshire Mortgage Law (OIL)

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$96.00
2 Credit Hours

Details

2 Hour NH SAFE Review of New Hampshire Mortgage Law provides a review of the laws that impact mortgage activities in New Hampshire. In Module 1, students will spend 5 minutes reviewing the authority of the New Hampshire Banking Department. Students will then spend 40 minutes reviewing license law and regulation, including a look at the persons required to be licensed and those that are exempt from licensure, license qualifications and the application process, grounds for license denial, and issues related to license maintenance. In Module 2, students will spend 60 minutes reviewing compliance issues for licensees, including provisions of the law which outline prohibited and required conduct for licensees. The review of compliance issues will also include a look at fees and charges, disclosures and agreements, advertising, record retention, and consumer inquiries. Finally, students will spend 15 minutes reviewing disciplinary action which may be taken against anyone who violates New Hampshire law. This course meets the 2-hour New Hampshire-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 New Hampshire law.

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