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4 Hour NV SAFE: State Law PE Course

This is a Nevada-specific classroom equivalent (CEQ) pre-licensing education elective course for new mortgage loan originators (MLOs). This course satisfies the 4 hour Nevada mortgage pre-licensure education requirement.

By the end of this course, learners will be able to:

  • Discuss the licensing process. 
  • Relate the requirements for records and financial statements. 
  • Understand the structure of the regulatory authority in Nevada. 
  • Indicate what is considered an unfair lending practice  
  • Restate requirements for disclosures and advertisements.  
  • Discuss the conditions and limitations imposed on certain mortgage transactions
  • Relate requirements for escrow and trust accounts and the commingling of money. 
  • Describe responsibilities of escrow agents and escrow companies related to real property. 
  • Understand the requirements for providing information regarding deeds of trust. 
  • Describe changes made by applicable rules adopted in 2017. 
  • Indicate what types of disciplinary action are acceptable.  
  • Restate what types of actions would require disciplinary action by the Division.  
  • Discuss the possible civil and criminal penalties for violations. 
  • Relate requirements for hearings and investigations. 
  • Chapter 1: Licensing Law & Regulation
  • Chapter 2: Compliance
  • Chapter 3: Disciplinary Action
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