Please note that the SAFE Act specifically prohibits the taking of the same course in successive years.
Module 1 – Regulation of Appraisers
- Appraisal Licensing and Certification Agencies
- Appraiser Qualifications
Module 1 Activities
1A— Knowledge Checks
1B—Module Quiz. Participants must achieve a score of 70% or greater to advance in the course
Total running time approx. – 10:00 minutes Appraisal Awareness
Module 2 – Data and Valuation
- Data Resources
- Valuation Process
- Automated Valuation Models (AVMs)
Module 2 Activities
2B—Module Quiz. Participants must achieve a score of 70% or greater to advance in the course
Total running time approx. – 20:00 minutes
Module 3 Appraiser Independence Requirements
- Lender pressure
- Over valuation
- Fraud and its consequences
Module 3 Activities
3B—Module Quiz. Participants must achieve a score of 70% or greater to advance in the course
Total running time approx. – 25:00 minutes
Final Assessment: approx. - 10 minutes
This course is designed for anyone who works in the mortgage industry seeking to learn or enhance their existing knowledge of residential property appraisal standards. It is geared primarily for loan originators but contains crucial information about property appraisals that will prove beneficial for job roles in operations and servicing.
Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles and real world examples, with audio and/or video recordings of industry experts.
The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. This course will take no less than one hour to complete.
TUITION & REGISTRATION
This course satisfies one hour of NMLS-approved Continuing Education training. Tuition for this course is $60.00 and includes the Credit Banking and Admin Fee applicable to this course.
Students have until December 31 in the year in which the course is purchased to complete the course. You may complete the course at any time during this period. However, course providers are afforded seven calendar days to credit the student’s NMLS account following successful completion of the course. It is strongly advised that you complete the course at least one week prior to the December 31 deadline.
NOTE: The SAFE Act specifically prohibits the taking of the same course in successive years.
For more information or to register by phone, call your Regional Account Executive at (800) 848-4904 or email email@example.com.