Indiana DFI Mortgage License Requirements
Learn about the Indiana (DFI) mortgage education requirements for mortgage licensing.
In the state of Indiana, under the Indiana Department of Financial Institutions (DFI), mortgage loan originators are required to:
- Complete a Criminal Background Check (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.
- Past licensure actions.
Indiana (DFI) 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
Note: Must be completed during the 3 years immediately preceding the date of application. Please review 750 Indiana Administrative Code 9-3- 5(g).
Indiana (DFI) 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 electives
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.
Indiana (DFI) Mortgage Licensing:
- Indiana Department of Financial Institutions
- Phone: 317-453-2566
- Email: dfilicensing@dfi.in.gov
- Website: www.in.gov/dfi
NMLS Resources:
- Indiana (DFI) MLO License Description Page
- Professional Standards: Mortgage Education
- Professional Standards: Criminal Background Check
- Professional Standards: Credit Report
- Professional Standards: MLO Testing
