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Convenient and NMLS-Approved
ProSchools' convenient online courses meets the 8 hour continuing education requirement. Courses contain easy-to-understand lessons, easy access to your instructor, and flexible online learning allowing you to move through the course quickly. Plus, you study when and where you want. Plus, our Customer Support team and your instructor are always here to help you along. Upon course completion ProSchools "banks" your completion record to the NMLS. There is a $1.50 per hour mandatory NMLS-Banking fee that will be added at checkout.
Pennsylvania Continuing Education Requirements
In order to renew a license, a mortgage originator licensee, and one individual from each licensed office
of a mortgage broker, mortgage lender or mortgage loan correspondent that is not a mortgage originator,
unless all of the nonclerical staff of a particular licensed office are licensed as mortgage originators,
must complete 8 hours of continuing education, including 3 hours of federal law and regulations, 2 hours
of ethics, 2 hours of lending standards for nontraditional (other than 30-year fixed rate) mortgage loans,
and 1 hour of Pennsylvania law and regulations.
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This NMLS-approved 8 Hour PA SAFE Comprehensive course satisfies the hours mandated by the SAFE Act. The SAFE Act requires a minimum of 3 hours of Federal laws and rules; 2 hours of ethics, including fraud, consumer protection, and fair lending issues; 2 hours of training related to lending standards for nontraditional mortgage products; and one hour of Pennsylvania laws and rules.
