
- Format:Online Self-Paced
- Education Type:Continuing Education
- Line of Authority:N/A
- Language:N/A
- Credit Hours:1
Consumers rely on the guidance of mortgage professionals as they navigate the loan process. Whether for a first-time home purchase or a refinance, most consumers only get a mortgage loan a couple of times over the course of their lives. As the industry changes, regulations emerge, and available products appear, adjust, or fade away, borrowers will turn to their mortgage loan originator to help keep them informed. Staying aware of the requirements that apply to loan transactions in their state is the best way for licensees to maintain a successful, compliant track record. This course will review the laws and regulations that apply to mortgage professionals doing business in Pennsylvania. This text will use requirements of the state’s laws as they are set forth in the Pennsylvania Consolidated Statutes (Pa. C.S.) and the Pennsylvania Code (Pa. Code).
What You'll Learn
- Recall standards for Pennsylvania mortgage professionals to obtain and maintain licenses
- Define standards for required conduct while conducting mortgage business
- Discuss minimum requirements for recordkeeping and reporting
- Recognize prohibited conduct for Pennsylvania mortgage licensees
- Define the conditions that allow for examinations and investigations
- Identify the disciplinary consequences of violating the law
What's Included
State Requirements
Approved course ID:17022