Get Your Massachusetts NMLS Mortgage License

Become a Massachusetts loan officer with the mortgage educator you can trust

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Choose from these Massachusetts mortgage education courses to get your NMLS license

Start your Massachusetts mortgage broker career with confidence with our NMLS-approved mortgage courses. Be prepared for the Massachusetts mortgage loan originator NMLS exam with our 20-hour Massachusetts SAFE course. This comprehensive course meets the SAFE Act mortgage pre-license education requirements for new mortgage loan officers. 

20 Hour MA SAFE Comprehensive: Massachusetts Applying Mortgage Knowledge to Exam Preparation (OIL)

Format | Online Instructor-Led

Credit Hours | 20

Category | Comprehensive

SKU | 4301MA00000C00

$349.00

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20 Hour MA SAFE Comprehensive Applying Mortgage Knowledge to Exam Preparation is a test-focused mortgage pre-licensing course, organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This course meets the federal mortgage training requirements found in the SAFE Act and helps to prepare students for the National Mortgage Loan Originator Test. This MLO pre-licensing online course also satisfies the required 3 hours of Massachusetts law.

3 Hour MA SAFE Review of Massachusetts Mortgage Law (OIL)

Format | Online Instructor-Led

Credit Hours | 3

Category | Elective

SKU | 4309MA00450C00

$99.00

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3 Hour MA SAFE Review of Massachusetts Mortgage Law addresses the laws in Massachusetts that regulate mortgage loan originators, brokers, and lenders. In Module 1, students will spend 30 minutes reviewing licensing requirements for mortgage loan originators, mortgage brokers, and mortgage lenders. In addition, students will spend 60 minutes reviewing provisions of Massachusetts law related to consumer protection, including advertising, fees and charges, refinancing in the borrower’s interest, and unfair or deceptive acts or practices. In Module 2, students will spend the first 60 minutes reviewing reverse mortgage loans, the Predatory Home Loan Practices Act, and prohibited practices under Massachusetts laws and regulations. Additionally, students will spend 30 minutes reviewing unique state law provisions, including the Community Reinvestment Act, foreclosure prevention options, and foreclosure-related services. This online - instructor led course meets the 3-hour Massachusetts-specific pre-licensing education requirement for loan originators and offers a thorough review of the information and laws that license applicants must understand in order to make, broker, or originate loans in compliance with Massachusetts law.

PLATINUM: Mortgage Exam Prep Suite with Prep xL Personalized Learning

Format | Online Self-Paced

Category | Exam Prep

SKU | national-nmls-mortgage

$199.00

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Take your Mortgage License Exam Prep to the next level with personalized learning!

This online Platinum Mortgage Exam Prep Suite includes Prep xL Personalized Learning, a sophisticated mortgage exam prep tool for anyone that is preparing to take their mortgage license exam. It leverages personalized learning technology to tailor study materials and create customized learning paths to help ensure you pass the NMLS mortgage exam on your first try! Perfect for individuals who have limited experience in the mortgage industry and need to pass the NMLS mortgage exam.

This package includes:

- NMLS Exam Test-Taking Tips

- SAFE Mortgage Loan Originator National + UST Content Material

- OVER 1200 questions

- Eight Simulated Exams

- OVER 800 Interactive Flashcards

- Personalized Dashboard

- Real-time Reports

- Mobile Compatible

NOTE: This is not an NMLS-approved course and will not satisfy the pre-license education requirements.

GOLD: Mortgage Exam Prep Suite

Format | Online Self-Paced

Category | Exam Prep

SKU | 4304US00050A00

$169.00

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Gain confidence in taking the rigorous NMLS exam!

This online mortgage license package is designed for individuals who have some experience in the mortgage industry, and need to pass the NMLS mortgage license exam. It includes comprehensive tools including test-taking tips, comprehensive content and over 375 practice questions.

This online mortgage license exam prep package includes:

- NMLS Exam Test-Taking Tips

- SAFE Mortgage Loan Originator National + UST Content Material

- 375 practice questions

NOTE: This is not an NMLS-approved course and will not satisfy the pre-license education requirements.

 Your Success is Our #1 Priority

OnCourse Learning empowers aspiring mortgage loan originators and seasoned mortgage loan officers to take their learning experience to the next level. Get and maintain your NMLS license with:

  • NMLS-approved mortgage pre-licensing, continuing education and late CE courses
  • Exam prep tools to help you pass your NMLS license exam
  • Over 50 years of mortgage education experience

We’ve helped over 300,000 mortgage brokers begin and advance their careers. Get started today!

Massachusetts Mortgage License Requirements

Massachusetts Mortgage License Requirements

Learn about the Massachusetts mortgage education needs and additional requirements for mortgage licensing.

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

  1. Complete a federal and state 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.

Massachusetts NLMS 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
  • 9 hours of electives
  • 3 hours of Massachusetts state-specific education

NOTE: PE education must be completed within 3 years of new or subsequent license application

 Massachusetts 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 Massachusetts 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.

 Massachusetts Mortgage Licensing: More Information

Massachusetts Division of Banks

Phone: 617-956-1500

Email: nmls@state.ma.us

Website: www.mass.gov/orgs/division-of-banks

 

 NMLS Resources:

To view the Massachusetts MLO License Description Page, please click here

Professional Standards: Mortgage Education – click here

Professional Standards: Criminal Background Check – click here

Professional Standards: Credit Report – click here

Professional Standards: Mortgage Education – click here

Professional Standards: MLO Testing /ocabr/government/oca-agencies/dob-lp– click here

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