Idaho Mortgage License Requirements
Application Requirements to become licensed in Idaho:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $200.00 |
| License Registration Fee | $10.00 |
| 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: A sponsorship request must be submitted by your employer. Idaho will review and accept or reject the sponsorship request.
Idaho 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
10 hours of electives
2 hours of Idaho state-specific education
Idaho 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.
Idaho 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 Idaho state-specific education
The deadline to complete annual CE is December 1st.
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.
Idaho Department of Finance Contact Info:
Phone: 208-332-8000
Email: mlo@finance.idaho.gov
Website: finance.idaho.gov
