Mississippi Mortgage License Requirements

Learn about the Mississippi mortgage education requirements for mortgage licensing.

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

1. Complete a Criminal Background Check (CBC). The individual must submit a completed Fingerprint Card (blue) to the Mississippi Department of Banking and Consumer Finance for the state background check. For the Federal background check, fingerprints must be submitted via the NMLS system.
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. The applicant has never been convicted, pled guilty or pled nolo contendere of a felony or misdemeanor of fraud, theft, forgery, bribery, embezzlement or making a fraudulent or false statement.
6. The applicant has not been convicted, pled guilty or pled nolo contendere of a felony during the seven year period preceding the date of application for licensing.
7. Individual must be sponsored by a Mississippi licensed mortgage broker or lender.

Mississippi 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
• 8 hours of electives
• 4 hours of Mississippi state-specific education

Mississippi 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.

Mississippi Mortgage Licensing: 

• Mississippi Department of Banking and Consumer Finance
• Email: mortgage@dbcf.ms.gov
• Website: https://www.dbcf.ms.gov/

NMLS Resources:

• Mississippi MLO License Description Page
• Professional Standards: Mortgage Education
• Professional Standards: Criminal Background Check 
• Professional Standards: Credit Report
• Professional Standards: MLO Testing