Nevada Mortgage License Requirements
Application Requirements to become licensed in Nevada:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $75.00 |
| License Registration Fee | $0.00 |
| NMLS Processing Fee | $35.00 |
| Sponsorship Fee* | $50.00 |
| 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 | Yes |
*Note: A sponsorship request must be submitted by your employer. License may not be issued without a valid sponsorship from a location licensed with The State of Nevada. NV will review and accept or reject the sponsorship request.
Nevada NMLS Pre-Licensing Education Requirements:
New state-licensed MLOs and Qualified Employees are required to complete 30 hours of NMLS-approved education. This includes:
3 hours of federal law
3 hours of ethics
2 hours of non-traditional mortgage lending
18 hours of electives
4 hours of Nevada state-specific education
Nevada 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
NOTE: Nevada requires 10 hours (3 state-specific) for late CE completed for 2010-2017
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.
Nevada Qualified Employee (QE) Continuing Education Requirements:
The Qualified Employee (QE) for each office is required to take CE annually.
3 hours of federal law
2 hours of ethics
2 hours of non-traditional mortgage lending
1 hour of Nevada specific QE
Nevada Division of Mortgage Lending Contact Info::
Phone: 775-684-7060
Email: mldlicensing@mld.nv.gov
Website: http://mld.nv.gov/
