| Page Location: http://oregonmleb.com/course_provider_faqs.htm
Course Provider FAQ's
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How will I know that
MLEB has received my course submission package?
MLEB will acknowledge
receipt of all completed course application packages via e-mail.
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I am changing the
instructor who has been presenting my course. Do I have to
advise MLEB and is there are charge for this change?
When MLEB approves a
course it simultaneously approves the course
presenter/instructor. This person(s) is considered to be an
intricate and significant part of the certified course, therefore,
any change in that presenter/instructor will a) require immediate
notification to MLEB and b) be construed as a major modification in
the original approval and therefore, require a fee of $100 for every
change in presenter/instructor.
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How long do I have to keep the certificates of completion?
You
must comply with the current MLEB rules, but never less than 5
years.
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Must a course owner
or instructor be licensed by the State of Oregon Department of
Education's Private Career Schools Statutes?
It is up to the Course
owner to determine with the Department of Education whether
licensing is required and if so they must comply with the
Department's requirements. Oregon Department of Education's
website is: http://www.ode.state.or.us/search/results/?id=83
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Is the application
fee refundable if my course application is rejected?
No. The application fee
in all cases in non-refundable. Even if a course has been
rejected a great deal of time and expense has been expended to make
that determination. The application fee is intended to cover
those expenses.
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Who gives MLEB the
authority to review courses?
The Mortgage Lending
Education Board (MLEB) was granted the authority by the State of
Oregon Department of Consumer and Business Services, a Division of
Finance and Corporate Securities. The authority was given to
this department by the 2001 Legislature through the new revisions of
Chapter 59.
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What are
the Attendance Requirements for Live Courses?
Live courses require 100% attendance. If a loan originator misses more
than 5 minutes of any course the student can not receive credit for the
course. If a course provider is found in violation of this requirement,
the course will be revoked and not be allowed to be taught again. One
course hour is equal to 50 minutes of classroom time
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