Illinois Mortgage Originator Courses and Requirements

Illinois Mortgage Courses

• IL Mortgage CE Pack-1 Just $69 plus free bonuses
• IL Mortgage CE Pack-2 Just $69 plus free bonuses
• IL Mortgage CE Pack-3 Just $69 plus free bonuses
• IL Mortgage CE Pack-4 Just $69 plus free bonuses
• 1031 Exchanges
• Deeds
• Liens, Taxes and Foreclosures
• Real Estate Appraisal
• Real Estate Finance
• Tax Favorable Real Estate Transactions
• Titles and Records
• Closing and Settlement
• Contracts, Purchase and Sales Agreements
• Fair Housing

 Illinois State Requirements:

Under the Section 1050.2120 of the Division Rules, a registered residential mortgage loan originator must complete annually six hours of continuing education in residential mortgage finance and related topics. Equally important, the residential mortgage licensee that employs an Loan Originator must assure that the LO meets the CE requirement.

Student Reporting Requirements:

A Loan Originators shall not submit CE information directly to the Division. A Loan Originators shall report the completion of CE courses to his or her employing licensee. The employing licensing shall set reporting requirements that enable the employing licensee to obtain the CE information needed to compile the CE Report. For each CE course an Loan Originators wishes to count towards the CE requirement, the Loan Originators shall retain all instructional and testing materials and all documents evidencing registration for, attendance at, and completion of the course.