You are on page 1of 5

2 Hour Mortgage Loan Originator Montana SAFE Course Course Syllabus

Welcome to our Montana SAFE Course. We are excited to assist you in furthering or beginning your mortgage career and are pleased you chose Praedo Institute to satisfy your education requirements. Course Purpose This course is meant to satisfy the two hour Montana specific education requirement for Montana loan originator license applicants. If you are taking this course, you should have completed at least 18 hours of NMLS approved education at another time. Course Description During this course we will review various SAFE Secure Mortgage Acts and the corresponding Montana state rules. Course Dates and Times This course is offered on Mondays and Thursdays. It begins at 8:00am Mountain Time on the start date and must be completed by midnight on the session end date. Instructor Contact Information Once you register for the course, you will receive an email from the instructor assigned to your course. The email will introduce your instructor as well as explain contact methods and expected response times. All of our instructors are required to respond to student questions within one business day of the receipt of your question. Your instructors personal email will be included in the introduction email. Course Objectives Upon completing this course, you should be able to do the following: Understand the scope and applicability of Montana mortgage laws; Comply with the requirements for licensees under the applicable laws and rules; and Protect the public by following the requirements set forth in the laws and rules.

Grading Policy The course consists of slides mixed with comprehension questions. Each chapter includes a chapter quiz. You will also need to pass a course final at the conclusion of the course. You may view the slides at your own pace, but you must answer all of the comprehension questions correctly and score 80 percent on all quizzes to receive credit for the course. You must also pass the final exam with a score of at least 80 percent in order to receive credit for the course. Your course consists of two parts. At the end of the first part, you will be required to submit an assignment to your instructor. Your instructor will grade your assignment within one business day of assignment submission. Once your instructor grades the assignment, your instructor will allow you access to the second part of your course. The instructor reserves the right to delay your advancement to the next part in the event you are progressing substantially faster than the other students in your section. Please remember, your course does include a completion deadline. Course Policies Each student is required to submit an Identity Affidavit. By confirming the attestation, the student certifies that the course work was or will be completed by the person for whom the certificate will be issued. The student further certifies that they did or will not receive any assistance in completing the course. The submission of a completion certificate for a course they did not complete themselves may constitute fraud on the students part and is subject to prosecution and/or discipline. Technical Support As our course is entirely online, we do offer live technical support via telephone, email, and chat from 8:30am to 5:00pm Mountain Time on regular business days. After hours, holiday, and weekend support is available 365 days a year via email from 9:00am to 10:00pm Mountain Time. Our telephone number is 801-492-9933 and the support email is Please note, our technical support staff will often be unable to answer content questions which are more appropriately directed to your instructor. Using our System Once you purchase the course and are logged into our system, you should see a link to the course on your home page. This link will launch the course. Please carefully review the introduction module for instructions on using our online system.

Course Outline This course consists of two parts, each covering different aspects of Montana law. MT SAFE Mortgage Law Part 1 Introduction: This module will introduce you to our system. Adherence to the advice and instructions offered in this module will greatly improve your online education experience. MT Mortgage Law Chapter 1: Chapter One includes an overview of Acts and state code as well as definitions and explanations. It consists of the following sections: Regulatory Authority Department/Agency Structure Responsibilities Definitions and Explanations Loan Originator Licensing Exemptions Case Study Financial Responsibility Background Check and Fingerprints Pre-licensing Education and Experience Testing and Retesting Grounds for Denying License Case Study MT Mortgage Definitions Case Study: The student will review terms in the Montana Mortgage Act. To complete the assignment, the student will explain terms and answer questions regarding the terms. The student will submit their completed assignment to their instructor for grading. Once the assignment is graded by their instructor, the student will be allowed to access Part 2 of the course. MT SAFE Mortgage Law Part 2 MT Mortgage Law Chapter 2: Chapter Two covers compliance and disciplinary actions. It consists of the following sections: License Maintenance and Continuing Education Personal Information Updates and Required Notifications Renewal

Record Keeping Compliance Fees and Charges Disclosures and Agreements Advertising Case Study Disciplinary Action Notifications, Hearings, and Appeals Suspension, Revocation, and Rescission of Licenses Civil and Criminal Liability

Course Final: The student will complete the course final covering all of the material discussed in the course. They are required to pass the final with a score of at least 80%. Course Evaluation: Students will be allowed to give feedback regarding the course. Course Schedule This course consists of the two parts outlined below. The requirements for each part are listed with the approximate time needed to complete each learning module. This course meets the minimum time requirement of 50 seat minutes for each clock hour the course is approved. This course is approved as a two hour course and must be completed in its entirety in order for you to receive credit. Good Luck Once again, thank you for choosing Praedo Institute. Your success is extremely important to us. Please let us know if we can be of assistance at any time. Enjoy the course!

Course Outline and Schedule Schedule Topics and Activities MT SAFE Mortgage Law Part 1 MT SAFE Mortgage Law Part 2 Evaluation Reading Due Introduction MT Mortgage Law Chapter 1 MT Mortgage Definitions Case Study MT Mortgage Law Chapter 2 N/A Assignments Due Complete chapter quizzes Submit review of definitions to instructor Complete chapter quizzes and course final Complete evaluation Instruction Time Allocation 40 Minutes

Monday or Thursday

20 Minutes

Tuesday or Friday

45 Minutes 5 Minutes