Loading...

Maryland License Requirements

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

Course Search

Maryland Mortgage License Requirements

Learn about the Maryland mortgage education requirements for mortgage licensing.

In the state of Maryland, 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. No revocations of a mortgage loan originator license in any jurisdiction.
    6. No convictions of, guilty or nolo contendere pleas –
    7. to a felony of any kind in a domestic, foreign or military court during the 7-year period preceding the date of the application for licensing.
    8. to a felony involving an act of fraud, dishonesty, breach of trust, or money laundering, in a domestic, foreign or military court at any time preceding the date of the application.
    9. Financial responsibly.
    10. Applicant must demonstrate character and general fitness sufficient to command the confidence of the community and to warrant a determination that the applicant will operate as a MLO in a lawful, honest, fair, and efficient manner.
    11. Sponsorship by the applicant’s employer.

Maryland 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
  • 7 hours of electives
  • 5 hours of Maryland state-specific education

Maryland 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 Maryland 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. 

Maryland Mortgage Licensing:

NMLS Resources: