Approved Course Number - 11641
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 Michigan PE Online
This class from the Knowledge Coop covers a variety of NMLS-approved topics while covering how to prepare for and survive examinations and you'll know the required learning objectives such as the fact that that a license will not be issued if the applicant is convicted of a felony within a 10- year period preceding the date of application. We'll cover MCL 493.139, section 9(1)(c)(i) of the Mortgage Loan Originator Licensing Act (MLOLA). You'll understand the license renewal requirements and the penalty for late renewal. You'll know that the license renews annually on 12/31 (MCL 493.145, section 15 of MLOLA), and the late penalty is $25/day ($1,000 maximum fee) if received after December 31 (MCL 493.149, section 19 of MLOLA). Finally, we'll look at case studies from your state.
Meet Your Instructors
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.