This Course is a Comprehensive Test-Prep for the SAFE Required National Exam and over 700 questions. Why not get all the help you can to prepare!

Comprehensive National Exam Test-Prep

~~$199~~ $159

- - 3 Practice Exams with 125 Questions on the National Exam
  - Comprehensive Coursework that follows the national exam outline
  - Federal Law Intensive that focuses on the hardest part of the national exam
  - Unlimited practice tests from our database of over 500 questions!
  - Hundreds of pages of materials well-organized into over 40 lessons
  - Each question has explanations and links to the section where you can learn more about the answer!

NOTE: This course will help you pass the exam, but does not satisfy the education prerequisite

SAFE Mortgage Loan Originator Test — National Component
Content Outline
(115 scored test questions; 15 unscored test questions)

I. Federal mortgage-related laws (24-25%)

A. RESPA
B. Equal Credit Opportunity Act (Reg. B)
C. Truth-in-Lending Act (Reg. Z and HOEPA)
D. SAFE Act
E. Other Federal laws and guidelines

II. General mortgage knowledge (19-20%)

A. Mortgage programs
B. Mortgage loan products
C. Terms used in the operation of the mortgage market

III. Mortgage loan origination activities (19-20%)

A. Application information and requirements
B. Qualification: processing and underwriting
C. Specific program guidelines
D. Closing
E. Financial calculations used in mortgage lending

IV. Ethics (14-15%)

A. RESPA
B. Gramm-Leach-Bliley Act
C. Truth-in-Lending Act
D. Equal Credit Opportunity Act
E. Appraisal

IV. Uniform State Content (20 -22%)

A. Department of Financial Institutions or Mortgage Regulatory Commission
1. Regulatory authority
2. Responsibilities and limitations
C. State Law and Regulation Definitions
D. License Law and Regulation
1. Persons required to be licensed
2. Licensee qualifications and application process
3. Grounds for denying a license
4. License maintenance
E. Compliance
1. Prohibited conduct and practices
2. Required conduct
3. Advertising