Course Description
This online self-study course is for a Utah state-specific continuing education. It fulfills the state continuing education requirement for an already-licensed loan originator with the UT-DRE only if you have already completed the 8-hour National Core CE coursework for the accompanying year. Again – this is a 1-hour online training course and must be coupled with the national core CE (8-hour) course to complete Utah’s full Annual CE requirement. It is on-demand and includes supplemental materials that are available anytime after enrollment.
Course details
- Sections & Activity Questions
- 5-question quiz
- A single case study
- 15-question final exam at the end of the course
- Online self-study course lets you work at your own pace – course expires 6 months after the date of enrollment
- Must be completed on a desktop or laptop. The NMLS prohibits courses on smartphones or tablet
What You Will Learn
- Understand the roles and responsibilities of PLMs and BLMs in managing mortgage loan originators and ensuring compliance with regulatory requirements.
- Discuss the need for PLMs and BLMs to establish clear communication channels and set clear expectations for remote employees to ensure effective management.
- Clearly define the requirements and best practices for the security, retention, and disposal of records and customer information.
- Grasp the key eligibility criteria for reverse mortgages in Utah, including age requirements and the necessity for the property to be the borrower’s primary residence.
- Outline the necessitation and objectives covered during the HUD counseling session, including an explanation of reverse mortgages, financial implications, and alternatives to consider.
- Teach the mandates lending managers to establish customer privacy and information security protocols.
Credit & Certificate
Get credit for 1 hour of continuing education for the UT-DRE. Click here for help and a guide to all UT-DRE requirements.
JPMLO will transmit course credit directly to the NMLS within 4-5 business days after completion. Your certificate will be available in your account and available for download immediately.
More resources are available on Utah’s Mortgage Real Estate page and the NMLS website UT-DRE state licensing requirements page
Related Courses
7-Hour SAFE Core: 2024 CE Online Self-study Course
Online Self-Study CE course that includes 1 Hour of CA-DFPI SAFE state law and the required 7 hours of core topics such as RESPA, TILA, FCRA, FACTA, etc.
2-Hour SAFE: General Pre-license Elective Course
This 2-hour course accompanies the 18-hour general Pre-licensure course to complete the 20-hour national requirement.