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$39.00
  • Format:Online Self-Paced
  • Education Type:Continuing Education
  • Line of Authority:N/A
  • Language:N/A
  • Credit Hours:1
Description

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 Rhode Island. This text will use requirements of the state’s laws as they are set forth in the Rhode Island Code of Regulations (RICR).

What You'll Learn

  • Recognize required conduct for Rhode Island mortgage professionals
  • Consider unique loan requirements under state law, prohibited conduct, and more
  • Recall the consumer protections established under the Rhode Island Fair Housing Practices Act
  • Recognize state-specific requirements related to title, prepayment penalties, and more

What's Included

Approved course ID:17065