2 Hour MT SAFE: State Law PE
2 Hour MT SAFE: State Law PE
2 Hour MT SAFE: State Law PE
2 Hour MT SAFE: State Law PE

2 Hour MT SAFE: State Law PE

Regular price $58.00

Approved Course Number - 11746

Course Cost $55.00 + Banking Fees at $1.50/Course Hour = $58.00

This online course is designed to meet your Pre-licensing education requirements in the state of which you have chosen. You may also need to complete the federal 20-hour SAFE Act requirement to gain your license.

2-Hour MT PE Online

This class from the Knowledge Coop covers a variety of NMLS-approved topics while making sure that you know specifics from the state of Montana, like that Loan Estimate and Closing Disclosure must be signed and dated by the borrower(s). (ARM 2.59.1710 and ARM 2.59.1724) We'll explain the record-keeping requirements for mortgage brokers and mortgage lenders and the general requirements for the maintenance, storage, transfer, and destruction of records. (32-9-121, MCA, and ARM 2.59.1710, 2.59.1724, and 2.59.1746). We'll demonstrate the requirements for advertising, including social media and individual websites if used for the provision of services. You'll know the additional advertising requirements outlined in the mortgage lender prohibitions and under prohibited acts. (32- 9-124, 32-9-149, and 32-9-168, MCA) We'll discuss the Montana Mortgage Loan Origination Disclosure, which is required for loans brokered by mortgage loan originators, and its requirements, including that the form must be signed and dated by the borrower(s). (32-9-124(2), MCA, and ARM 2.59.1737) We'll articulate the prohibited acts for a mortgage loan originator. (32-9-124, MCA) You'll know that a mortgage loan originator may work for only one mortgage broker/mortgage lender. (32-9-116, MCA) We'll describe the role and responsibilities of a designated manager. (32-9-122, MCA) Finally, we'll look at case studies from your state.

 

Meet Your Instructors

Ken Perry is the President and Founder of Knowledge Coop (KC), a training and consulting rm that specializes in mortgage education. As a 20-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 is dedicated to bringing a unique, not-what-you-expect style of education to clients by mixing passion and humor with extreme knowledge.

Nathan Knottingham is a trainer for the Knowledge Coop. He has direct experience in both the mortgage industry and in teaching higher education, combining the two to bring the best educational experience possible. Nathan has worked in loan origination, teaching, curriculum development, corporate training and development, non-profit leadership, and public speaking. He entered the mortgage industry in May of 2007 as a Licensed Loan Originator in Oregon.

Sawyer came to The Knowledge Coop shortly after graduating with a degree in Business Administration from Biola University. He has lived in Europe and North Africa and speaks French Fluently. Sawyer has also been involved in the Real Estate and Property Management industries. Sawyer enjoys problem-solving, thinking creatively, and strives to bring that to bear on a daily basis at the Knowledge Coop through creating engaging content.