8-Hr. MN MLO 2024 Late CE Package

$119
This product includes:
Elective Hours: 1 Mandatory Hours: 7 Total Hours: 8
Description
Package content and courses
Renewal Requirements

Late CE courses should only be completed by MLOs who need to complete a prior years' CE, as instructed by their state regulator. Do NOT complete a late CE course if you're intending to satisfy a current year CE requirement. Log in to your NMLS account and review your education record to verify whether you need to complete late CE.

Courses included in this package:
  • Late CE 7 Hour SAFE Core: 2024 Mortgage Loan Originator Course
  • Late CE 1 Hour MN SAFE: 2024 Minnesota Law Review Course

Package Content:
Late CE 7 Hour SAFE Core: 2024 Mortgage Loan Originator Course (#15311)

This online self-study course satisfies the seven hours of 2024 annual continuing education required of individuals maintaining a state-issued mortgage loan originator (MLO) license. Within this course, students will spend time reviewing required topics, including:

  • Three hours on federal mortgage-related laws
  • Two hours on ethics, fraud, and consumer protection
  • Two hours on lending standards related to nontraditional mortgage products

1 Hour MN SAFE: 2024 Minnesota Law Review Course

A mortgage loan originator (MLO) licensed in Minnesota is required to complete eight total hours of continuing education annually. This includes:

  • Three hours on federal mortgage-related laws
  • Two hours on ethics, fraud, and consumer protection
  • Two hours on traditional and non-traditional mortgage products

One hour of Minnesota-specific education This online self-study course satisfies the one hour of required state-specific education. Within the course, students will spend time reviewing state regulations and acts impacting mortgage loan origination activities; perusing scenarios, examples, or case studies; and completing exercises to demonstrate understanding of the content.

State Requirements For Minnesota

Minnesota Requirement Detail for Mortgage Continuing Education

Hours Required by the State: 8 hours 

  • 3 hours of federal law

  • 2 hours of ethics

  • 2 hours of non-traditional mortgage lending

  • 1 hour of state-specific education

An MLO who has completed their pre-licensure education (PE) course requirements in the same year in which the license was approved is not required to complete CE within the same year.

Successive Years Rule:

A licensee may not take the same CE course two years in a row.

Seat Time:

Seat time will be enforced and our online course delivery system manages this requirement.

 

Minnesota Contact Details for Mortgage Continuing Education

Minnesota Department of Commerce
Phone: 651-539-1500
Email: mortgage.commerce@state.mn.us
Website: Minnesota Department of Commerce Financial Institutions

NMLS Resources for Mortgage Continuing Education

Minnesota MLO License Description Page
Professional Standards: Mortgage Education
Professional Standards: Criminal Background Check 
Professional Standards: Credit Report
Professional Standards: MLO Testing