101PD

California · Original 101PD learning guide

California Mortgage Loan Brokering and Lending: 45-Hour Course Guide

A California statutory-course blueprint for lending fundamentals, brokering duties, disclosures, qualification, loan documentation, servicing, and consumer protection.

Mortgage activity sits at the intersection of real-estate licensing, lending regulation, disclosure, advertising, and consumer protection. A useful course must connect the transaction sequence to the professional duty at each handoff.

Skills you will practice

  • Loan-program comparison
  • Borrower qualification analysis
  • Disclosure sequencing
  • Mortgage advertising review
  • Transaction-risk spotting

Prerequisites

  • No license is required to study; learners should confirm how the course fits their DRE application path.

Designed for

California salesperson applicants · Broker applicants · Real-estate professionals entering mortgage activity

What a learner should be able to do

  1. Outcome 1

    Explain the roles and duties in a California residential mortgage transaction.

  2. Outcome 2

    Compare common loan structures, costs, qualification factors, and security instruments.

  3. Outcome 3

    Recognize disclosure, advertising, steering, fraud, and fair-lending risks.

  4. Outcome 4

    Build a compliant transaction checklist from application through closing and servicing.

Original curriculum architecture

The final course will expand these modules with original explanations, realistic cases, practice questions, and source review.

Module 1

Mortgage markets and participants

Primary and secondary markets, originators, brokers, lenders, investors, and servicers.

Module 2

Loan structures and qualification

Rates, amortization, ratios, property analysis, underwriting, and documentation.

Module 3

California brokering duties

Licensing boundaries, disclosures, advertising, records, trust funds, and supervision.

Module 4

Consumer protection and closing

Fair lending, fraud prevention, settlement, servicing, default, and loss mitigation.

Applied portfolio exercise

Mortgage transaction compliance file

Assemble a fictional borrower file that explains product comparison, disclosure timing, decision risks, and escalation points.

  • Transaction timeline
  • Loan comparison worksheet
  • Compliance exception log

Sources and boundaries

Sources establish current requirements and standards. They do not supply 101PD’s lesson text, scenarios, assessments, or project work.

Source set reviewed August 20, 2026.