Maryland Mortgage License Requirements
Application Requirements to become licensed in Maryland:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $1.00 |
| License Registration Fee | $225.00 |
| NMLS Processing Fee | $35.00 |
| Sponsorship Fee* | $20.00 |
| 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. MD will review and accept or reject the sponsorship request.
Maryland NMLS Pre-Licensing Education Requirements:
New state-licensed MLOs and 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.
Application Requirements to become Affiliated Insurance Producer-Mortgage Loan Originator Licensed in Maryland:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $1.00 |
| License Registration Fee | $700.00 |
| 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: You must provide a sponsorship certificate signed by an authorized officer of the employing entity as well as an affidavit pertaining to Maryland Mortgage Loan Originator Activity
Maryland NMLS Affiliated Insurance Producer-MLO Pre-Licensing Education Requirements:
New state-licensed Affiliated Insurance Producer-MLOs and 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
3 hours of Maryland mortgage-related law
2 hours of Maryland finder’s fee law
Maryland Office of Commissioner of Financial Regulation Contact Info:
Phone: 888-784-0136
Website: www.dllr.state.md.us/finance
