Complete 8-hour package for NV QE designees. Includes the Division 1-hour state specific requirement.
$85.00 | 8 Hours
+ $12.00 NMLS Credit Banking Fee
Mortgage company Qualified Employees are required to complete 8 hours of continuing education, including a 1-hour Nevada specific education as long as they hold that position. This package of courses includes the required continuing education necessary to renew a qualified employee designation in Nevada. The Nevada Division of Mortgage Lending requires QE designees to take a total of 8 hours of continuing education each year: 7 hours in SAFE Act required topics, and 1 hour in NV-specific laws and regulations.
1 Hour NV SAFE: Nevada Qualified Employee Mortgage Continuing Education (NMLS ID 17293) - The Nevada Division of Mortgage Lending (the Division) requires mortgage company and mortgage servicer qualified employees to take a 1-hour course covering Division-defined mortgage regulation topics as part of the QE's annual continuing education requirement. This course covers topics relating to Nevada qualified employees. Please review the Course Syllabus for more details about this course.
7 Hour SAFE Core: 2025 Originator Fundamentals (NMLS ID 17286) - This course covers the required topics as mandated by the federal SAFE Act for annual NMLS mortgage license renewal. The content covered in this course include the NMLS-required topics that regulators feel licensees need to be refreshed on; a review of prohibited kickbacks and unearned fees as outlined by RESPA Section 8; and an explain of nontraditional mortgages that can be used by borrowers to make energy efficiency improvements to their properties. Please review the Course Syllabus for more details about this course.
These courses are new for 2025 and meet the SAFE Act's "successive years" rule.
Price: |
$85.00 (USD)
+ $12.00 NMLS Credit Banking Fee |
---|---|
Credit Hours: | 8 |
State: | Nevada |
Category: | Vocational Training > Mortgage > Continuing Education > Nevada > National |
Purpose: | Complete 8-hour package for NV QE designees. Includes the Division 1-hour state specific requirement. |
OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com
NMLS Course Provider ID: 1400327
Purchase of this package requires that you read and acknowledge an Enrollment Agreement before receiving credit for any courses contained in this package. Please review the following:
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.
Try a live demonstration of the OnlineEd learning management system
Get detailed information on the education requirements for topics, credit hours, and licensing.
NMLS Course ID: 17293
NMLS Sponsor ID: 1400327
Credit Hours Provided: 1
The Nevada Division of Mortgage Lending (the Division) requires mortgage company and mortgage servicer qualified employees to take a 1-hour course covering Division-defined mortgage regulation topics as part of the QE's annual continuing education requirement. This course covers topics relating to Nevada qualified employees.
Each licensed mortgage company must have a qualified employee at each location licensed with the Nevada Division of Mortgage Lending. (NRS 645B.021; NAC 645B.030)
A qualified employee is a natural person who is designated by a mortgage company to act on behalf of the mortgage company and who is approved by the Commissioner. (NAC 645B.008)
The first module of this course is an introduction and an overview of the Division. The second module is an outline of the additional requirements for mortgage companies located in Nevada Administrative Code (NAC) 645B and Nevada Revised Statutes (NRS) 645B such as responsibilities, record keeping requirements, and advertisement restrictions. The third module examines other covered services supervised by the Division, such as foreclosure consultants, loan modification consultants, and mortgage servicers. The fourth and last module categories a variety of unfair mortgage lending practices that are prohibited as codified in NRS 598D.
This Nevada QE online continuing education course is broken down into several learning topics. At the end of the course a 15-question final exam will be given. The topics included in this course are:
The Nevada Division of Mortgage Lending
The Operation of Mortgage Companies
Mortgage Lending and Related Professions
Unfair Lending Practices
Final exam
Total study time: 1 hour (50 minutes)
This course will prepare Nevada licensed qualified employees to:
Recognize the importance of a licensee's fiduciary duty to consumers.
Identify the regulatory agency who enforces Nevada's mortgage licensing regulations.
Review the requirements for obtaining a mortgage company license.
Describe the requirements for a mortgage brokerage qualified employee.
Identify the retention period for transaction files.
Demonstrate the disclosure requirements when working as both a mortgage and a real estate licensee.
Review the rules when advertising and promoting mortgage products to consumers.
Identify what a covered service is.
Summarize who is defined as a foreclosure or loan modification consultant.
Review the initial and supplemental disclosure requirements for covered service providers.
Describe the record keeping requirements for foreclosure or loan modification consultants.
Classify how a person obtains authorization to become a mortgage servicer.
Paraphrase a mortgage servicer's fiduciary responsibilities to their clients.
Outline the protection given to government employees when experiencing a temporary government shutdown.
Outline several prohibited unfair lending practices relating to homeowner insurance, ability to repay, prepayment penalties, and credit insurance.
Describe available remedies for borrowers who are holding onto a mortgage loan originated using unfair lending practices.
You must have an NMLS ID to receive credit for this course. You will need this number before you begin the course.
If you already have an NMLS ID but don't remember what it is:
If you do not have an NMLS ID and need to obtain one, use the instructions available in the NMLS Resource Center.
This course will remain available to students until midnight on December 31st, 2025
NMLS Course ID: 17286
NMLS Sponsor ID: 1400327
Credit Hours Provided: 7
Category: National
This course will instruct mortgage loan originators on a number of regulations that they will have to comply with while taking part in their mortgage loan origination activities. Rules, such as those implemented by the Dodd-Frank Wall Street Reform and Consumer Protection Act, are set in place to protect the interest and well-being of consumers who apply for mortgages to purchase or refinance their properties. To ensure that their business practices satisfy the regulations adopted by federal laws, mortgage loan originators need to keep current on the guidelines published by supervising entities.
This course consists of three sections and a final exam:
Top 10 Federal Topics for 2025
Prohibited Kickbacks Under RESPA Section 8
Non-traditional Mortgage Products
Final exam
Total study time: 7 credit hours (5 hours, 30 minutes)
Study Time: 3 clock hours (150 minutes of federal law)
Licensed and registered mortgage lenders, brokers, and mortgage loan originators are required to maintain a consistent and current understanding of all regulatory requirements with which they are obligated to comply. This especially applies to individual mortgage loan originators who, in addition to their sponsoring company, will be held accountable for failures discovered through regulatory examinations and investigations involving residential mortgage loans that they originate.
The topics outlined in this module are mandated by the NMLS and state regulators, covering the more egregious regulatory compliance failures recently discovered through various regulatory examinations, investigations, and audits.
Study Time: 2 clock hours (100 minutes of ethics, fraud, and consumer protection)
The Real Estate Settlement Procedures Act (RESPA) was signed into law in 1974 and became effective in June 1975. One function of RESPA was to eliminate kickbacks and unearned fees initiated by those involved in loan settlement services. Before the passage of RESPA, parties associated with the buying and selling of real estate, including lenders, real estate agents, and title companies, often engaged in undisclosed kickbacks to each other, which inflated the costs of real estate transactions and often did not properly disclose all closing costs to consumers.
While RESPA contains various consumer protection regulations, in this ethics section we're going to concentrate on the regulation's prohibitions on kickbacks and referral fees.
Study Time: 2 clock hours (100 minutes of non-traditional mortgage)
Besides traditional conventional loan products, there are other options available when it comes to rehabilitating a home for purchase or refinance that might be better for the needs of a borrower.
In this module, let's explore some unique mortgage products available to borrowers that may better fit their needs compared to a conventional mortgage loan These other options include the FHA 203(k) property rehabilitation loan, four types of energy efficient mortgage products, and the Fannie Mae HomeReady® rehab loan product.
You must have an NMLS ID to receive credit for this course. You will need this number before you begin the course.
If you already have an NMLS ID but don't remember what it is:
If you do not have an NMLS ID and need to obtain one, use the instructions available in the NMLS Resource Center
This course will remain available to students until midnight on December 31st, 2025