1.3.1 Pre-Licensure Education

(a) PE Individual Core Courses
  1. PE Federal Law and Regulations: Course must be a minimum of 3 hours;
  2. PE Ethics: Course must be a minimum of 3 hours; and
  3. PE Nontraditional: Course on Lending Standards for the Nontraditional Mortgage-Product Marketplace must be a minimum 2 hours.
(b) PE Core Course
Intended to fulfill the three core requirements. The course must contain 3 hours of federal law, 3 hours of ethics and 2 hours of nontraditional mortgage for a minimum total of 8 hours.
(c) PE Elective
Course designed to fulfill any number of hours of the 12 hours of undefined instruction. The course must be a minimum 1 hour. Incudes course intending to satisfy only a state agency specific education requirement.
(d) PE Comprehensive
Course intended to fulfill all of the pre-licensure requirements of the SAFE Act and does not contain any State-specific content. The course must contain 3 hours of federal law, 3 hours of ethics, 2 hours of nontraditional mortgage and 12 hours of elective content for a total of 20 or more hours. Includes course intended to fulfill all of the pre-licensure requirements of the SAFE Act as well as meet the state agency requirement for a specific number of hours.