2 Hour SAFE PE West Virginia State Law ONLINE INSTRUCTOR LED

2 Hour Online SAFE PE – West Virginia State Law $58 $46

This course includes the following:
ONLINE PE – 2 Hour SAFE PE – West Virginia State Law (2735)

This course is a computer-based, online instructor led (“OIL”) course, allowing you to work anywhere and at all times of the day. You will have access to instructors through forums and email.

Our system is extremely flexible – each course consists of 2-5 hour modules, each of which will last 2 to 3 days. You can start all modules at once or stagger them over days or weeks. Each module is available to start up to three times a week.

By NMLS specifications, you will complete case studies which must be approved and then reviewed by you before completing the final exam.

Summary

This course covers West Virginia law and regulations pertaining to Mortgage Loan Originator licensing and is structured to reflect the outline of the West Virginia State License Exam. During this 2-hour pre-licensure course covering West Virginia mortgage law, we will cover several laws including:

Format

This education is delivered in the Online-Instructor Led (“OIL”) format as required by the NMLS for online Pre-Licensure (“PE”) education. It is available on our website through any internet connection.

Important features include:
Defined start and end dates (See Course Calendar).
Interaction with the instructor and students through forum activities
Progression as a cohort. At times you will wait for instructor feedback before continuing.
(Note: This is not an “Self-Study” course and does not allow for study at any pace or without instructor/classmate interaction)

Description

The course is divided into five sections:

Section 1: State Regulatory Agency – Covers the Regulatory authority, structure, and responsibilities and limitations of the relevant West Virginia regulatory agencies.

Section 2: State Law and Regulation Definitions – Summarizes the intent and purpose of each law, and provides a review of the unique definitions found therein.

Section 3: License Law and Regulations – Covers persons required to be licensed, licensee qualifications and the application process, the grounds for denying a license and license maintenance.

Section 4: Compliance – Details prohibited conduct and practices, required conduct, fees and charges, disclosures and agreements, advertising and trust account requirements.

Section 5: Disciplinary action – Discusses notifications, hearings and appeals, then suspension, revocation and rescission of licenses, and finally, penalties/fines and civil and criminal liability.

Learning Objectives

Upon successful completion of this course you will have a strong understanding of the laws and regulations specific to mortgage loan originators and lenders in the state of West Virginia. You will also have the information needed to pass the West Virginia State Exam.

2 Hour Online SAFE PE – West Virginia State Law $58 $46