Get Your California DBO NMLS Mortgage License

Become a California - DBO loan officer with the mortgage educator you can trust

Course Search
Choose from these California - DBO mortgage education courses to get your NMLS license

Start your California Department of Business Oversight (DBO) mortgage broker career with confidence with our NMLS-approved mortgage courses. Be prepared for the California mortgage loan originator NMLS exam with our 20-hour California SAFE course. This comprehensive course meets the SAFE Act mortgage pre-license education requirements for new mortgage loan officers. 

20 Hour CA-DBO SAFE Comprehensive: California-DBO Applying Mortgage Knowledge to Exam Preparation (OIL)

Format | Online Instructor-Led

Credit Hours | 20

Category | Comprehensive

SKU | 4301CA00000C00

$349.00

More Info

20 Hour CA-DBO SAFE Comprehensive Applying Mortgage Knowledge to Exam Preparation is a test-focused mortgage pre-licensing course, organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This course meets the federal mortgage training requirements found in the SAFE Act and helps to prepare students for the National Mortgage Loan Originator Test. This MLO pre-licensing online course also satisfies the required 2 hours of California-DBO law.

2 Hour CA-DBO SAFE Review of California Mortgage Law (OIL)

Format | Online Instructor-Led

Credit Hours | 2

Category | Elective

SKU | 4309CA00450C00

$89.00

More Info

2 Hour CA-DBO SAFE Review of California Mortgage Law provides a review of the laws that impact mortgage activities in California. In this course, students will spend one hour learning about the California Finance Lenders Law and its associated regulations, and one hour reviewing the California Residential Mortgage Lending Act and its associated regulations. In Module 1, students will examine the authority of the Department of Business Oversight and definitions important for understanding the law. Students will also look at information relating to license qualifications and the application process, as well as responsibilities related to license maintenance. In Module 2, students will review recordkeeping, reporting, and advertising requirements. Students will also learn about required and prohibited conduct for licensees under the Finance Lenders Law and the Residential Mortgage Lending Act, as well as disciplinary action that may be taken as a result of violations of the law. This online - instrucor led course meets the 2-hour California-DBO-specific pre-licensing education requirement for loan originators and offers a thorough review of the information and laws that license applicants must understand in order to make, broker, or originate loans in compliance with California law.

PLATINUM: Mortgage Exam Prep Suite with Prep xL Personalized Learning

Format | Online Self-Paced

Category | Exam Prep

SKU | national-nmls-mortgage

$179.00

More Info

Take your Mortgage License Exam Prep to the next level with personalized learning!

This online Platinum Mortgage Exam Prep Suite includes Prep xL Personalized Learning, a sophisticated mortgage exam prep tool for anyone that is preparing to take their mortgage license exam. It leverages personalized learning technology to tailor study materials and create customized learning paths to help ensure you pass the NMLS mortgage exam on your first try! Perfect for individuals who have limited experience in the mortgage industry and need to pass the NMLS mortgage exam.

This package includes:

- NMLS Exam Test-Taking Tips

- SAFE Mortgage Loan Originator National + UST Content Material

- OVER 1200 questions

- Eight Simulated Exams

- OVER 800 Interactive Flashcards

- Personalized Dashboard

- Real-time Reports

- Mobile Compatible

NOTE: This is not an NMLS-approved course and will not satisfy the pre-license education requirements.

GOLD: Mortgage Exam Prep Suite

Format | Online Self-Paced

Category | Exam Prep

SKU | 4304US00050A00

$149.00

More Info

Gain confidence in taking the rigorous NMLS exam!

This online mortgage license package is designed for individuals who have some experience in the mortgage industry, and need to pass the NMLS mortgage license exam. It includes comprehensive tools including test-taking tips, comprehensive content and over 375 practice questions.

This online mortgage license exam prep package includes:

- NMLS Exam Test-Taking Tips

- SAFE Mortgage Loan Originator National + UST Content Material

- 375 practice questions

NOTE: This is not an NMLS-approved course and will not satisfy the pre-license education requirements.

 Your Success is Our #1 Priority

OnCourse Learning empowers aspiring mortgage loan originators and seasoned mortgage loan officers to take their learning experience to the next level. Get and maintain your NMLS license with:

  • NMLS-approved mortgage pre-licensing, continuing education and late CE courses
  • Exam prep tools to help you pass your NMLS license exam
  • Over 50 years of mortgage education experience

We’ve helped over 300,000 mortgage brokers begin and advance their careers. Get started today!

California Department of Business Oversight (DBO) Mortgage License Requirements

Learn about the California (DBO) mortgage education needs and additional requirements for mortgage licensing.

In the state of California, mortgage loan originators, under the Department of Business Oversight (DBO), are required to:

  1. Complete a Criminal Background Check (CBC).
  2. Authorize a credit report through the NMLS that demonstrates financial responsibility.
  3. Fulfill all state and federal education requirements as designated by your state agency.
  4. Take and pass the National Component.
  5. All applicants must apply for a license through the NMLS by filing a Form MU4 and receiving a sponsorship by a company holding a valid unique identifier with NMLS and which is licensed by the California Department of Business Oversight (formerly Department of Corporations).
  6. An applicant must demonstrate financial responsibility, character and general fitness such as to command the confidence of the community and to warrant a determination that the mortgage loan originator will operate honestly, fairly and efficiently.
  7. Coverage by a surety bond provided by the mortgage loan originator’s employer.

California (DBO) NLMS 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
  • 10 hours of electives
  • 2 hours of California state-specific education

California (DBO) 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 California state-specific education

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.

California (DBO) Mortgage Licensing: More Information

California Department of Business Oversight

Phone: 866-275-2677

Email: ASK.DBO@dbo.ca.gov

Website: www.dbo.ca.gov

NMLS Resources:

To view the California (DBO) MLO License Description Page, please click here 
Professional Standards: Mortgage Education – click here 
Professional Standards: Criminal Background Check – click here 
Professional Standards: Credit Report – click here 
Professional Standards: Mortgage Education – click here 
Professional Standards: MLO Testing – click here

Join our mailing list and get access to the latest courses, discounts and insights!  You may unsubscribe at any time

20225 Water Tower Blvd. Brookfield, WI 53045
© 2019 OCL Financial Services, LLC. All rights reserved.
NMLS Provider #1400013