Delaware Mortgage License Requirements
Application Requirements to become licensed in Delaware:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $250.00 |
| License Registration Fee | $250.00 |
| 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 |
| Supervisory Assessment (Annual) | $500 |
*Note: A sponsorship request must be submitted by your employer. DE will review and accept or reject the sponsorship request.
Delaware 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
Delaware 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 elective
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.
NOTE: The deadline to complete annual CE is December 1st.
Delaware Office of the State Bank Commissioner Contact Info:
Phone: 302-739-4235
Website: banking.delaware.gov
