approved course provider

NMLS defines a course provider as an organization which has applied and has subsequently been approved by NMLS to deliver courses which are intended to satisfy the requirements of the SAFE Act. An approved course provider offers and delivers approved courses, is responsible for the instruction of the course, charges and collects fees, issues refunds, issues a course completion certificate, and performs credit banking. Additionally, approved course providers have processes in place to ensure the instructors its employs possess sufficient knowledge of the mortgage industry, have the requisite skills to teach adult learners, and meet the minimum requirements for an MLO background check as described in the SAFE Act.