Mortgage Pre-Licensing State Law Courses Change Format as of November 1, 2019

In accordance with NMLS regulations, starting on November 1, 2019, all standalone state law Online Instructor Led (OIL) pre-licensing courses will now be delivered in an Online Self-Paced (OSP) course format*.

What does this mean for Mortgage Lenders?

  • State OIL pre-licensing classes are no longer available.
  • Starting November 1st, all state law pre-licensing classes are now available in Online Self-Paced (OSP) format.
  • Students no longer need to complete the course on a specific date. Instead, they will have one year from the date of purchase and can complete the course at any time of the day.
  • Courses will remain the same amount of hours as they are currently and stay as a timed course.
  • Courses will incorporate BioSig in order to meet NMLS requirements.
  • *This mortgage course format change does not affect the 20 HR federal course which will still be required in the OIL, webinar or live class format.

Visit to purchase your new mortgage pre-license courses.

By |2019-12-11T10:35:58-06:00November 1st, 2019|Mortgage|0 Comments

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