Due to recent law changes the course must be completed by December 31, 2009 to receive credit! Mortgage loan originators help consumers obtain mortgage funding or refinancing arrangements. Loan originators guide clients through the loan application process, and provide information about different loan options and credit terms available. To qualify for the initial certification, the Oregon Department of Financial and Consumer Services requires prospective loan originators to complete a 20-hour course of study. This course covers federal lending laws, including the federal laws associated with Equal Credit Opportunity, Fair Housing, the Real Estate Settlement and Procedures Act (RESPA), Truth in Lending, and Truth in Advertising. Additional topics include Applicant Interviewing, Business Ethics and Oregon Laws and Rules associated with mortgage lending.
Mortgage Fundamentals * ECOA * Federal Fair Lending Laws * Federal Truth in Advertising Laws * Federal Truth in Lending Act Compliance * Federal Real Estate Settlement Procedures Act Compliance * Business Ethics * Oregon Laws and Regulations * Applicant Interviewing * Financing * Qualification Principles and Calculations
Convenient for home or office study! Chapter reviews help focus on important terms and concepts. Frequent quizzes reinforce the material. Case studies help you understand complex concepts.
