Chapter 494 - Continuing Education
Frequently Asked Questions
Reference: Rule 3D-40.0271, F.A.C.
Is Continuing Education required before I can reactivate my inactive
individual Mortgage Broker license for the period 2003-2005?
Yes
Do I submit my certificate to the Office of Financial Regulation?
NO DO NOT send your certificate of continuing education to the Office. Upon
reactivation, you will be required to certify on the form that you have
satisfied the continuing education requirement.
Where can I obtain the required training?
Continuing Education courses may be offered on site,
on the internet or as a correspondence course. Contact the schools directly
for further information.
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*NOTICE ---Mortgage Brokers who are Lender Associates,
Principal Representatives or Loan Originators If you are a licensed Mortgage
Broker who works as an independent contractor with a lender, you are an
Associate of a Lender. If you are a licensed Mortgage Broker
who works for a lender as their Principal Representative or as a Loan Originator,
this notice is intended for you also. In each case, you must have completed
14 hours of professional continuing education at an accredited Mortgage
Business School within 2 years of the date your lender is renewing. (This
does not apply to associates of Mortgage Brokerage Businesses.)
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