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1 Hour SAFE CE Elective

Regular price $20.50

Course Cost $19.00 + Banking Fees at $1.50/Course Hour = $20.50

Should it be required for your license, this online course is designed to meet your 1 hour SAFE Act continuing education elective requirements. You will also need to complete the federal SAFE Act requirements to maintain your license. 

1-Hour SAFE Elective CE 2017 Online

For the 1 Hour Elective this year we deep dive into Home Equity Conversion Mortgages (HECMs) formerly known as “Reverse Mortgages.’ This course includes:

  • A discussion of adjustable rate mortgages, both forward and reverse
  • An explanation of qualifying buyers.
  • A look at the advantages of an HECM.
  • A consideration of ethical communication around HECMs.
  • A conversation about borrower understanding, counseling, and disclosures.

We interview Dan Turner who is a HECM specialist and originates only reverse products. We think this is a very intriguing interview. You will finish the class with a greater appreciation and some tools to use for your own further study.

    Meet Your Instructor

    Ken Perry is the President and founder of The Knowledge Coop, a training and consulting firm that specializes in mortgage, real estate, and finance education. As a 16 year veteran of the mortgage industry, Ken’s vast interactions training mortgage professionals inspired him to pursue his dream of bringing positive change to the mortgage industry on a much larger scale. The Knowledge Coop is an approved course provider of the National Mortgage Licensing System (NMLS) and brings a unique, not-what-you-expect style of education to its clients by mixing passion and humor with extreme knowledge.
    If you choose not to purchase the NMLS banking fee option your completed continuing education courses WILL NOT be submitted to the NMLS which could prevent you from renewing your license.