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MTG7313

Course
MTG7313
Course Title
Exam Prep: SAFE Online Practice Exams

Description

Practice, Practice, Practice! This online course offers practice exams to prepare students for the federal and NC state components of the SAFE Mortgage Loan Originator Exam.

Objectives

Let’s students read applicable material and utilize practice exam questions in the following areas: Mortgage Math, General Concepts, and NC and Federal Laws, with feedback on answers to determine where additional study may be needed.  Also provides students with opportunities to practice the same questions in a mixed format, similar to the actual state exam.  

Content

Content with Quizzes:

I.  Originator Licensing Requirements & A Brief History of Mortgage Lending Requirements

II.  Basic Mortgage Lending Terms

III.  Introduction to Credit

IV.  Traditional and Non-Traditional Mortgage Loan Products

V.  Mortgage Math

VI.  Origination and Application Review

VII.  Loan Processing

VIII.  Underwriting

IX.  Closing, Post-Closing, and Servicing

X.  Mortgage Fraud and Ethics

XI.  Federal Laws and Regulations

XII.  Reference Forms

XIII.  North Carolina Laws

Prerequisites

None

Method of Instruction

Practice Exams

Evaluation

Final Exams (student must pass final exams with 80% or better.)