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Effective February 10, 2007, Rule 500 requires all loan officers to complete 12 credit-hours of education annually. Of those 12 credit hours, one hour must consist of a review of Maine laws and rules and one hour of ethics and ethical considerations affecting the mortgage industry.
Course Topics Included in the Complete 12-hour Package:
- Maine Mortgage Lending Laws, Rules, and Ethics*- 4 hours
- Federal Mortgage Lending Laws: Don't Get "Fed" Up- 4 hours
- Truth in Lending ACT: Tricky Trigger Terms- 4 hours
Affordable and Comprehensive
All the learning tools you need—included with the course fee:
- Online study guide with a complete explanation of mortgage markets and types, conventional loans, disclosure laws, government loans, loan variables, valuation and appraisal markets.
- 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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