Alabama Mortgage License Requirements

Application Requirements to become licensed in Alabama:

*Note: A sponsorship request must be submitted by your employer before your application request will be approved.   If the applicant is not currently employed by a mortgage company, the application will be incomplete.

Alabama NMLS Pre-Licensing Education Requirements:

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

• 3 hours of federal law

• 3 hours of ethics

• 2 hours of non-traditional mortgage lending training

• 12 hours of electives

Alabama Continuing Education Requirements:

State-licensed MLOs are required to complete 8 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

• 3 hours of federal law

• 2 hours of ethics

• 2 hours of non-traditional mortgage lending

• 1 hour of electives

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.

State Banking Department of Alabama Contact Info: 

• Phone: 334-242-3452

• Website: www.banking.alabama.gov

NMLS Resources:

• Common Individual Licensing Requirements 

• Mortgage Education Information

• Criminal Background Check 

• Credit Report

• MLO Testing 

Note: OnCourse Learning is approved with Alabama Community College System’s Private School Licensing Division to ensure that Alabamians who attend private, proprietary postsecondary educational institutions are protected from fraud. Please see the Course Catalog tab and Alabama Refund Policy tab for more information.

Refund Policy for Alabama Residents

Products available for refund: 20hr SAFE PE, 8hr CE, 8hr Late CE and Exam Prep

1. If a consumer requests a cancellation within 72 hours of enrollment date, then the consumer will be eligible for a full refund. If a consumer requests cancellation after 72 hours of enrollment date, but before start date, then the consumer will be eligible for full refund except the registration fee. No refunds or credits will be issued after one year from the date of purchase. All credits must be used within 12 months.
2. If the consumer requests a refund after classes begin, then the consumer is eligible for a prorated refund of tuition and any unearned fees.
3. If OnCourse Learning closes or discontinues any course, each currently enrolled student will be refunded monies paid by the student for tuition and NMLS Credit Banking Fee.
4. The date of cancellation is the date that the student has begun the official cancellation process. A refund due to a student shall be paid within 30 days of the date of cancellation.
5. OnCourse Learning reserves the right to cancel any private live program within seventy-two (72) hours of the start of the program. An OnCourse Learning representative will make a reasonable effort to notify students of cancellation via phone or e-mail. Students will then be eligible for a full refund of the cost of the program or credit toward another program of equal or lesser value. OnCourse Learning will not be held responsible for any expenses incurred due to the cancellation of the program. This includes non-refundable flights, hotels or any other related expenses.
6. If a student has an extenuating circumstance, such as injury, prolonged illness or death, or other circumstances which prohibit completion of the course, within (1) year of enrollment, the student will be able to re-schedule into another session to complete the rest of their course.
7. In order to officially cancel enrollment, students must notify OnCourse Learning via email at support@oncourselearning.com if they are withdrawing from the course.

Alabama Full Mortgage Course Catalog

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