Mortgage Lending is a profession that requires knowledge of many
disciplines, including real estate, finance & appraising to be effective.
Our Mortgage CE courses are designed to give you the information you need to
maintains and increases your skill, knowledge and competency. |
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IMPORTANT INFORMATION
American School of Business has partnered with the Association of Mortgage Educators (NMLS Provider ID:1400214) to offer online SAFE MLO Pre-Licensing, NMLS Approved Continuing Education, and SAFE MLO Exam Preparation.
PURPOSE OF CONTINUING EDUCATION
The purpose of continueing education activities is to ensure that each mortgage professional participates in a program that maintains and increases his or her skill, knowledge and competency.
REQUIREMENTS
Licensed mortgage loan originators are required to complete twelve (12) hours of continuing education to renew their license every year. Some States require State Specific education to be part of the continuing education. New Jersey requires that two (2) hours of the above twelve (12) be State Specific. Please visit the NMLS web site for a complete state by state listing.
Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, 3 hours of electives, plus 2 hours of NJ-specific education. Number of hours is 8+2+2 hrs of NJ law = 12 Hours of Continuing Education
Please visit our website at www.AmericanSchoolNJ.com and see our complete list of approved online licensing and continuing education programs.
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