2 Hour TN SAFE Review of Tennessee Mortgage Law (OIL)

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$96.00
2 Credit Hours

Details

2 Hour TN SAFE Review of Tennessee Mortgage Law provides a review of Tennessee’s Residential Lending, Brokerage and Servicing Act, the Tennessee Home Loan Protection Act, and other laws that impact mortgage activities in Tennessee. In Module 1, students will spend 60 minutes reviewing definitions found in the Residential Lending, Brokerage and Servicing Act, as well as information about licensing qualifications and the application process, the reasons an initial license may be denied, and issues related to maintaining a license once it is obtained. In Module 2, students will spend 30 minutes examining additional provisions of the Residential Lending, Brokerage and Servicing Act, including duties and prohibited acts for licensees, as well as disciplinary action taken against licensees violating the Act. Finally, students will spend 30 minutes reviewing the Tennessee Home Loan Protection Act, including those loans covered under the Act, prohibited practices, disciplinary action, and other provisions. This course meets the 2-hour Tennessee-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 Tennessee law.

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