Hawaii Mortgage License Requirements
Application Requirements to become licensed in Hawaii:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $635.00 |
| License Registration Fee | $25.00 |
| NMLS Processing Fee | $35.00 |
| Sponsorship Fee* | $100.00 |
| 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: A sponsorship request must be submitted by your employer before your application request is approved.
Hawaii NMLS Pre-Licensing Education Requirements:
New state-licensed MLOs and Sole Proprietors 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 (12) months to apply for licensure as a mortgage loan originator. An individual who applies for licensure after the twelve (12) 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 Division of Financial Institutions Contact Info:
Email: dfi-nmls@dcca.hawaii.gov
Website: http://cca.hawaii.gov/dfi/
