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What are the continuing education requirements?
Florida requires the principal representative and every loan originator and associate must complete 14 hours of continuing education bi-annually. The deadline to complete the continuing education is August 31st of each even numbered year.
Is continuing education required to renew my mortgage broker license for the period September 2007 through August 2009? If so are their any exceptions?
At the time of renewal, you will be required to certify that you have taken at least 14 hours of CE within the last two years. However, if you have completed the 24-hour licensing course to become a mortgage broker then the continuing education requirement is waived.
Do I need to submit certificates to the Office of Financial Regulation?
No. You will be required to certify at the time of renewal that you have satisfied the continuing education requirement. However, mortgage brokers are required to maintain copies of certificates of completion for a period of four years in the event the Office requests them.
When are principal representatives, loan originators, and associates of licensed lenders required to complete their 14 hours of continuing education?
Prior to the submission of the lender's renewal form which is due by August 31, 2008.
For information on ProSchools' online continuing courses, visit our catalog. |