How many elective hours are required in the SAFE Act pre-license education?

The required number of elective hours in the SAFE Act pre-licensure education is 12. The SAFE Act mandates that new mortgage loan originators complete a specific amount of education to ensure they are knowledgeable about the mortgage industry, including federal regulations, ethics, and standards of conduct. Within this framework, students must complete a total of 20 hours of pre-license education, which includes 3 hours dedicated to federal law and regulations, 3 hours focused on ethics, and 2 hours covering non-traditional mortgage products. This structure leaves 12 hours for elective coursework, which can cover a variety of relevant subjects tailored to the needs of aspiring loan originators. Understanding these requirements ensures that mortgage professionals are well-prepared to comply with state and federal regulations while serving clients in the industry.