3 hour NY SAFE: State Pre-licensing Course

$105
This product includes:
Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
Renewal Requirements

An individual seeking a mortgage loan originator (MLO) license in New York is requiredto complete 20 hours of NMLS-approved education. Of this requirement, three hours ofNY-specific law must be completed. This online self-study course satisfies the three hoursof required state-specific education

Within this course, students will spend time reviewing state regulations and actsimpacting MLO activities; perusing scenarios, examples, and case studies; andcompleting activities to demonstrate understanding of the content

Package Content:

State Requirements For New York

New York Requirement Details for Mortgage Pre-Licensing Education

Hours Required by the State: 20
  • 3 hours of federal law

  • 3 hours of ethics

  • 2 hours of non-traditional mortgage lending

  • 9 hours of electives

  • 3 hours of NY law

Seat Time Seat time will be enforced and our online course delivery system manages this requirement

NMLS ID Registration: The NMLS system is used to process MLO licensing requests for all 50 states. A unique NMLS ID is required to report all course completions. Creating an account and obtaining an ID number is a simple process that can be completed here.

Licensing Exam: The licensing exam is administered by NMLS.  Registration for the licensing exam is an entirely separate process from your course final exam. For instructions to register for your licensing exam and further information, please click here.


 

New York Contact Details for Mortgage Pre-Licensing Education

New York Department of Financial Services
Email: MLO@dfs.ny.gov
Website: New York Department of Financial Services

NMLS Resources for Mortgage Pre-Licensing Education

New York MLO License Description Page
Professional Standards: Mortgage Education
Professional Standards: Criminal Background Check 
Professional Standards: Credit Report
Professional Standards: MLO Testing