What is the minimum required continuing education for West Virginia mortgage loan originators each year?

The minimum required continuing education for West Virginia mortgage loan originators each year is nine hours. This requirement is in line with the national standards set forth by the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), which mandates that MLOs complete at least eight hours of continuing education annually. West Virginia, in compliance with these federal guidelines, has established that its mortgage loan originators must complete an additional hour covering state-specific laws and regulations, bringing the total to nine hours. These hours ensure that MLOs stay updated on industry practices, compliance obligations, and any changes within state statutes, promoting professionalism and consumer protection in the mortgage industry.