Hawaii Mortgage License Requirements
Learn about the Hawaii mortgage education requirements for mortgage licensing.
In the state of Hawaii, mortgage loan originators are required to:
- Complete federal and state Criminal Background Checks (CBC).
- Authorize a credit report through the NMLS.
- Fulfill all state and federal education requirements as designated by your state agency.
- Take and pass a National test within 12 months of completing pre-licensing education.
Hawaii 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
- 9 hours of electives
- 3 hours of Hawaii state-specific education
NOTE: Upon completion of the pre-licensing education, an individual has up to twelve months to apply for licensure as a mortgage loan originator. An individual who applies for licensure after the twelve months have expired will be required to repeat the pre-licensing education requirements.
Hawaii 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 Hawaii 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.
Hawaii Mortgage Licensing:
- Hawaii Division of Financial Institutions
- Phone: 808-586-2820
- Email: dfi-nmls@dcca.hawaii.gov
- Website: http://cca.hawaii.gov/dfi/
NMLS Resources:
- Hawaii MLO License Description Page
- Professional Standards: Mortgage Education
- Professional Standards: Criminal Background Check
- Professional Standards: Credit Report
- Professional Standards: MLO Testing