Licensed Loan Originators: To save both your time and money, it is highly recommended that you take the Continuing Education (CE) course at mortgage-education . This course is designed to streamline your learning process and provide cost-effective solutions for your licensing requirements.
All Employees: In addition to the courses required for licensing, Loan Factory is requiring compliance courses as outlined below. To-Dos will be assigned to you in your Loan Factory portal, to direct you on which classes to take.
Please find the instructions below.
Courses must be completed within 3 months of onboarding.
Anti Money
Laundering
Fraud
Cyber Security
Remote Work
LO can SKIP the courses by uploading proof that they have completed the compliance courses elsewhere (within a year).
NOTE
States with Early Deadlines | State CE Hours | Total CE Hours | Due date |
---|---|---|---|
District of Columbia Early Deadline: November 1st |
1 | 8 | Oct 25th |
Georgia Early Deadline: October 31st |
1 | 8 | Oct 24th |
Kentucky Early Deadline: November 30th |
1 | 8 | Nov 23th |
South Carolina - DCA Early Deadline: November 30th |
1 | 8 | Nov 23th |
West Virginia Early Deadline: November 1st |
1 | 8 | Oct 25th |
Instructions for LOs to sign-in and pay for courses
1
Go to the corporate page to complete the CE course by this link mortgage-education
2
Choose the 8-hour CE course option
When an Loan Officer buys the CE course, Licensing will check and notice this to assign the free compliance courses to their learning account from the Admin portal. Please be advised it will take 1-3 days for this assignment.
3
Choose the state in which you are licensed and click "Continue"
4
Choose the suitable option for your CE course
5
Proceed with the invoice
6.1
Sign in by clicking on the “Forget Password” button
6.2
Enter your personal email address in LF’s system and click the “Send” button. You will receive an email with your current password to log in.
7
After logging in, fill in the billing and credit card information and click "Continue" to proceed => Confirm the information and place your order.
8
The payment will be completed and you can start the course now.
Instructions for Compliance Courses
The To-dos will be assigned by the Compliance team, it will include the instructions as below. All compliance courses that you need to take are already assigned to your Mortgage-Education account. You just need to log in and complete the courses per the instructions.
For any courses taken outside of Mortgage-Education, please upload certificates to replace the To-Do For courses completed in ME, simply mark the corresponding To-Do as completed, and we will verify completed.
Compliance courses are yearly training sessions and are required for all individuals based on their titles/positions. The purpose of these courses is to make sure that individuals and the company are compliant with state examinations.
  All questions about the course shall be sent to Compliance@loanfactory.com
Compliance courses (assigned in your Mortgage-Educator account and NO FEE is required):
  Newly hired staff must complete assigned courses within 3 months of their start date. After the first year, courses must be completed annually in the last quarter.
Instructions for Compliance Courses for non-licensed staff