Allied Real Estate Schools Announces Updates to 20-Hour S.A.F.E. Mortgage Loan Originator Courses
Laguna Hills, CA (PRWEB) January 21, 2015 -- Allied Real Estate Schools, an accredited online career training school serving working and career-seeking adults throughout the nation, has launched revised 20-Hour online SAFE Mortgage Loan Originator courses in select states nationwide. The revisions were designed to satisfy all of the pre-licensure education requirements of the SAFE Act.
The updated SAFE courses include 3 hours of federal laws and regulations, which includes the TILA-RESPA Rule; 3 hours of ethics, which includes instruction on fraud, consumer protection, and fair lending issues; and 2 hours of training related to lending standards for the nontraditional mortgage product marketplace. The remaining 12 hours cover loan products and programs, underwriting, settlement procedures, loan servicing, and default and foreclosure. Effective January 1, 2015, CA-DBO pre-license education requires 3 hours of Federal Law; 3 hours of Ethics (must include fraud, consumer protection, and fair lending issues); 2 hours lending standards for Non-Traditional mortgage products; 2 hours of CA-DBO Defined Electives; and 10 hours of General Electives.
“It’s a new year, and our students have their sights set on making this a great year for themselves and their families. By taking advantage of our new course offering for mortgage loan originator licensing, Allied’s students can set themselves up to earn additional income in an exciting industry.“ said Allied Schools President, George Achenbach.
Students can enroll in the 20-Hour SAFE Mortgage Loan Originator online course for $288. For more information on individual state availability, go to realestatelicense.com.
Allied Schools is a nationally-accredited online career training school that offers a variety of different programs, including real estate, property management, pharmacy technician, medical coding and medical billing courses. Allied offers 100% online, convenient and flexible learning for today’s working adults, military service members and their families.
With over 1 million enrollments to date, Allied Schools has been a leader in online education since 1992. Allied Real Estate Schools has among the highest pass rates on state licensing exams in both California and Texas. For more information about Allied’s real estate course offerings, including the updated SAFE MLO courses, please visit them online at http://www.realestatelicense.com or by phone at (800) 617-3513. Also, connect with Allied on social media at Facebook, Twitter, Pinterest, and LinkedIn. NMLS Provider ID #140032.
Amy Hogancamp, Allied Schools, http://www.alliedschools.com, +1 (888) 501-7686 Ext: 8640, [email protected]
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