Late CE: 1 Hour CO SAFE Mortgage Matters in Colorado (6694)

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1 Credit Hour


The content for this course is the same as course ID 6694 and is intended to satisfy CE requirements for 2017 or the last year a mortgage loan originator held an active license. Mortgage loan originators who take this Late CE course are prohibited from taking course ID 6694 in 2018.This course will focus on the laws and rules that regulate mortgage loan originators doing business in Colorado. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will spend 15 minutes reviewing competency standards for mortgage licensees. Students will also spend 15 minutes learning about errors and omissions insurance. In Module 2, students will spend the first 15 minutes examining provisions of Colorado law related to table funding. Students will spend the last 15 minutes of the course reviewing Inspection Objection and Inspection Resolution forms.This course satisfies the one-hour Colorado-specific continuing education requirement for loan originators, as specified by Colorado law. In addition to one hour of Colorado-specific education, annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, and two hours of nontraditional mortgage lending.

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