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New Jersey License Requirements

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

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New Jersey Mortgage License Requirements

Learn about the New Jersey mortgage education requirements for mortgage licensing.

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

    1. Complete a state and federal 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. Satisfaction of character and fitness requirements.

New Jersey 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 New Jersey state-specific education

New Jersey Continuing Education Requirements:

State-licensed MLOs are required to complete 12 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
  • 3 hours of electives
  • 2 hours of New Jersey 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.

New Jersey Mortgage Licensing: 

NMLS Resources: