Connecticut Mortgage License Requirements
Application Requirements to become licensed in Connecticut:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $0.00 |
| License Registration Fee | $300.00 |
| NMLS Processing Fee | $35.00 |
| Sponsorship Fee* | $0.00 |
| Credit Report Required | $15.00 |
| Criminal Background Check Required | $36.25 |
| Testing Required | Yes, passing score of 75% or higher |
| SAFE MLO Test Cost | $110.00 |
| Work Remote Allowed | Yes |
*Note: An applicant for an MLO license must be sponsored by a Connecticut licensed Mortgage Lender, Mortgage Correspondent Lender, Mortgage Broker, or an Exempt Registrant.
Connecticut NMLS Pre-Licensing Education Requirements:
New state-licensed MLOs and Loan Processors are required to complete 21 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
1 hour of Connecticut state-specific education
Connecticut has implemented PE Expiration Policy where PE education, including state-specific, generally expires after 3 years of not holding a license/registration in any jurisdiction.
Connecticut Continuing Education Requirements:
State-licensed MLOs and Loan Processors 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 Connecticut 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.
Connecticut Department of Banking Contact Info:
Phone: 860-240-8225
Email: dob.ccl@ct.gov
Website: ct.gov
