20-Hour SAFE PE Comprehensive

Origination Essentials and Exam Preparation

Course ID: 17141

Course Provider:
Tennessee Mortgage Bankers Association
Provider ID: 1405071

Course Description

This course includes the 20-hour SAFE PE Comprehensive component required to meet the SAFE Mortgage licensing Act requirements for state licensed mortgage loan originators. It does include all of the mandated subjects under the PE SAFE Comprehensive. The course is designed to provide an extensive overview of the National test components (3 hours of Federal regulations, 3 hours Ethics, Fraud, Consumer Protection and Fair Lending and 2 hours of Non-traditional Lending) relating to the residential mortgage industry and to prepare the student for the national exam. To receive credit for this course, each student must complete a minimum of 50 minutes of seat time for every hour of credit earned.

MLO Pricing 2025

$359/Members

$379/Non-Member

Course Objectives

  • Meet the education content and presentation pre-license requirements for the SAFE Act
  • Prepare participants to become informed licensed mortgage professionals
  • Prepare participants to pass the National SAFE test
  • Present the course in a detailed and understandable manner
  • Elicit substantial interaction and feedback during the course delivery, via the discussion forum, emails, and chat forum
  • Ensure measurable transfer of learning has been accomplished

DAY 1 Learning Objectives: 

▪Describe the universe of residential real estate financing

▪Identify key components of residential real estate financing

▪Understand government back loan programs

▪Review history and challenges of non-traditional lending

▪Understand role of Nontraditional Mortgage Product risk

▪Review difference between fixed and variable loan products

▪Define parameters of ARM products

▪Understand ARM calculations

▪Understand the origins of the SAFE Act

▪Learn about terms, limitations and prohibited practices

▪Review the Model State Law

▪Understand the purpose of RESPA

▪Review the various sections of RESPA

▪Determine the relationship of RESPA to TRID

▪Define the importance of RESPA section 8

▪Understand the purpose of TILA

▪Review the subparts of TILA

▪Understand the relationship between the Dodd Frank Act, CFPB and TRID

▪Define the relationship between RESPA, TILA and TRID

▪Review TRID coverage and retention

▪Review difference in business day rules

▪Review the Loan estimate and revised loan estimate

▪Understand the different tolerance

▪Review the Ability to Repay

▪Review HOEPA and HPML

DAY 2 Learning Objectives: 

▪ Review the pre-closing activities

▪ Understand security instruments, forms of ownership, and different participants

▪ Understand Fair Lending Laws (ECOA, FH Act, HMDA)

▪ Review terms related to ethics and prohibited practices

▪ Understand the consequences of fraud

▪ Understand fraud schemes

▪ Review Truth-in-Advertising Laws

▪ Review BSA/AML, Privacy, USA Patriot Act

▪ Understand the Loan Application

▪ Review Appraisal rules and guidelines

▪ Learn important Mortgage Calculations

Course Textbook

Origination Essentials and Exam Preparation, V10.8 by Ameritrain

Expectations:

Students are expected to attend the 20-Hour comprehensive course, participate in active class discussions and activities and complete the practice exam. Course participants must complete all quizzes and the final exam to receive credit for the course. Only the final exam will be graded and all quizzes are completed throughout the course. The use of cellphones and computers are prohibited during class. There will be no texting or instant messaging while the class is being facilitated. Failure to meet any of these requirements will result in the student not receiving credit for the course.

20-Hour LIVE Class 2025 Calendar


May 9 – 10, 2025 – Nashville

New American Funding
555 Church St. East, Ste. 101
Brentwood, TN 37027


June 6 – 7, 2025 – Memphis

Memphis Area Association of Realtors
6393 Poplar Avenue
Memphis, TN 38119


June 13 -14, 2025 – Nashville

Fairway Mortgage
131 Saundersville Road, Ste. 140
Hendersonville, TN 37075


July 11 – 12, 2025 – Knoxville

Mortgage Investors Group
8320 East Walker Springs Lane, 2nd Floor Training Room
Knoxville, TN


August 8 – 9, 2025 – Nashville

TBD


September 26 -27, 2025 – Nashville

TBD


October 24 – 25, 2025 – Knoxville

TBD


November 7 – 8, 2025 – Nashville

TBD


Register Today for Your 20-Hour MLO Class!