1 Hour SAFE: Appraisal Awareness #11961
The 1 Hour SAFE: Appraisal Awareness course meets SAFE Act continuing education requirements for licensed entities through review and analysis of the residential property appraisal standards and processes. 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
Please note that the SAFE Act specifically prohibits the taking of the same course in successive years.
Upon completion of this course, you will be able to:
- Recognize appraisal licensing and certification agencies
- Identify appraiser qualifications
- Explore data resources
- Recognize the components of the valuation process
- Distinguish characteristics of automated valuation models (AVMs)
- Identify appraiser independence requirements
- Define fraud and identify its consequences
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 and Registration
Tuition for this course is $63.00 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 visit http://elliemae.com/allregs.