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Idaho License Requirements

Get an understanding of mortgage lending and insurance state licensing and continuing education requirements

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Idaho Mortgage License Requirements

Learn about the Idaho mortgage education requirements for mortgage licensing.

In the state of Idaho, mortgage loan originators are required to:

    1. Complete a Criminal Background Check (CBC).
    2. Authorize a credit report through the NMLS.
    3. Fulfill all state and federal education requirements as designated by your state agency.
    4. Take and pass a National Test.
    5. Recovery Fund Payment.
    6. Sponsorship: Mortgage Loan Originators may not be sponsored by, or perform mortgage origination activities for more than one Idaho Mortgage Broker/Lender licensee simultaneously.
    7. Independent contractor mortgage loan processors and mortgage loan processors NOT engaged in loan origination activities may be sponsored by one or more Exempt Entity Registrants.
    8. Regulatory History: Applicant may not have had a mortgage loan originator license, or other mortgage related license, revoked in any governmental jurisdiction.

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 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

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 Mortgage Licensing:

NMLS Resources: