Is ethics a required continuing education course for loan originators?
Yes. You must take an ethics continuing education course in your first year of holding a loan originator license. However, if you teach an approved continuing education course on ethics during your first year of holding a loan originator license, that will satisfy your ethics continuing education requirement for that year. (7) If I take a loan originator continuing education course approved for multiple jurisdictions, will the department accept it as part of my continuing education requirement? If any state has continuing education requirements or standards at least as stringent as Washington’s, their continuing education courses may be approved by the department as meeting the continuing education requirements under the act and these rules. (8) If I accumulate more than the required loan originator continuing education course credits during a year, may I carry-over the excess credit to the next year? No. Continuing education credits only apply to the year in which they are taken. (9)
Related Questions
- If a licensed loan originator completes an approved continuing education residential lending course(s) during 2008, will the originator receive credit for the completed course(s)?
- Is ethics a required continuing education course for designated brokers?
- Is ethics a required continuing education course for loan originators?
