2-hour CA DBO-SAFE
The Two Hour Review of California Mortgage Law (CA-DBO) provides a review of the laws that impact mortgage activities in California.
In this course, students will spend one hour learning about the California Finance Lenders Law and its associated regulations, and one hour reviewing the California Residential Mortgage Lending Act and its associated regulations.
This course meets the 2-hour California-DBO-specific pre-licensing education requirement for loan originators and offers a thorough review of the information and laws that license applicants must understand in order to make, broker, or originate loans in compliance with California law.
Upon completion of this course, students will be able to:
► Comply with the general provisions of the California Finance Lenders Law specific to licensing requirements and regulations.
► Adhere to applicable regulations under the California Finance Lenders Law contained in Chapter 3, Title 10 of the California Code of Regulations, commencing with Section 1404.
► Define the administrative powers and processes of the commission to issue a license, deny a license, assess fees and impose disciplinary actions.