Kentucky Mortgage License Requirements
Application Requirements to become licensed in Kentucky:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $0.00 |
| License Registration Fee | $50.00 |
| 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 | No |
*Note: A sponsorship request must be submitted by your employer. KY will review and accept or reject the sponsorship request.
Kentucky NMLS Pre-Licensing Education Requirements:
New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:
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3 hours of federal law
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3 hours of ethics
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2 hours of non-traditional mortgage lending training
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12 hours of electives
Kentucky 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:
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3 hours of federal law
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2 hours of ethics
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2 hours of non-traditional mortgage lending
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1 hour of Kentucky state-specific education
The deadline to complete annual CE is November 30th.
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.
Note: KY Processors must complete 8 hours of Continuing Education annually, but those hours are not reported through the NMLS.
Kentucky Office of Financial Institutions Contact Info:
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Phone: (800) 223-2579
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Email: Jessica.Sullivan@ky.gov
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Website: https://kfi.ky.gov/
NMLS Resources:
Note: OnCourse Learning is approved with the Kentucky Commission for Proprietary Education to ensure that residents of Kentucky who attend private, proprietary postsecondary educational institutions are protected from fraud. Please see the Course Catalog tab and Kentucky Refund Policy tab for more information.
