(THIS COURSE IS FOR TEST PREPARATION PURPOSES ONLY AND IS NOT FOR NMLS CREDIT!)
This course includes over 300 questions that are divided into key exam topic areas and unlimited practice quiz that mirrors the content of the National Exam.
We invite you to explore the free trial today!
The trail version is available for a week for you to decide
A quick intro to get you started in a snap
Course description
Federal Laws and Regulations
Real Estate Settlement Procedures Act (RESPA), 12 CFR Part 1024 (Regulation X)
Equal Credit Opportunity Act (ECOA), 12 CFR Part 1002 (Regulation B)
Truth in Lending Act (TILA), 12 CFR Part 1026 (Regulation Z)
TILA-RESPA Integrated Disclosure Rule (TRID) (“Know Before You Owe”)
Other Federal Laws and Guidelines
Regulatory Authority
General Mortgage Knowledge
Qualified and Non-qualified Mortgage Programs
Mortgage Loan Products
Terms Used in the Mortgage Industry
Mortgage Loan Origination Activities
Loan Inquiry and Application Process Requirements
Qualification: Processing and Underwriting
Closing
Financial calculations used in mortgage lending
Ethics and Uniform State Content
Ethical issues
Ethical behavior related to loan origination activities
SAFE Act and CSBS/AARMR Model State Law
