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Convenient and Accredited
ProSchools' convenient online courses, approved by the Iowa Division of Banking (IDOB), meets the continuing education requirement. After enrolling, your online table of contents acts as your roadmap for completing the coursework, and highlights the information most critical for you to know. Practice quizzes are available via computer to help reinforce vital information. Plus, our Customer Support team and your instructor are always here to help you along.
Iowa Mortgage Education Requirements
Beginning January 1, 2009, 12 hours of continuing education must be completed by October 31 of each year. The hours must include at least 3 hours of federal laws and rules; 3 hours of ethics, including fraud, consumer protection, and fair lending issues; and 2 hours of training relating to lending standards for nontraditional mortgage products, i.e., any product that is not a 30-year fixed rate mortgage.
Course Topics Included in the 12 Hour Mortgage Broker and Mortgage Banker Online Package:
- Federal Laws and Rules for Loan Originators
- Ethics: Fraud, Consumer Protection and Fair Lending
- Lending Standards: Nontraditional Mortgage Products
- FHA Loans Explained
Affordable and Comprehensive
All the learning tools you need—included with the course fee:
- Interactive online program with learning reviews, quizzes, and a final exam. ProSchools' exclusive program helps you review each section of the course and assess your mastery of the material.
- Personalized help when you need it from ProSchools’ instructors and course consultants. Just contact our Customer Support team.
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