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Capstone Help Line: (800) 229-8556
Monday thru Friday 8:30am – 5:30pm ET


Meeting the State of Georgia Mortgage Broker Licensing Requirements

 

Georgia Department of Banking and Finance

Mortgage Brokers:
Initial Training: 36 hours Initial Training and 4 hours State Regulations ( A TOTAL OF 40 HOURS OF TRAINING)

Mortgage Brokers must complete on an annual basis and prior to April 1 each year a minimum of twelve 12 hours of continuing education dealing with elements of the mortgage brokering process, federal law, federal rules and regulations, Georgia law, Georgia rules and regulations, applications and required documentation, fraud, ethics or other topics pertinent to the operation of a mortgage brokering business in Georgia. At least one (1) hour shall be concentrated on fraud detection and prevention.  However, mortgage brokers that fail to attain at least 12 continuing education hours prior to April 1 of each year will be subject to a fine of $1,000.00.

Renewal date : April 1 of each year

 Principles of Mortgage Finance
Principles of Mortgage Finance (L) [36 hours] &  (passing 2 examinations in class) (C/V) [36 hours] with Proctored Examination for Initial Training only

 Georgia Regulations and Compliance
Georgia Regulations and Compliance (L) [4 hours] &  (passing  examination in class) and (C/V/) [4 hours] with Proctored Examination Initial Training only

Independent Loan Processors:
36 hours Initial Training and 4 hours State Regulations ( A TOTAL OF 40 HOURS OF TRAINING)

Renewal date: April 1 of each year

FOR MORE INFORMATION:
Call (800) 229-8556 with any questions regarding Continuing Education.
Email: customerservice@capinst.com

 

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