If you are not already licensed, you are required to take a 20-hour course that meets
SAFE Act pre-licensing education requirements for new mortgage loan officers, plus any
state-specific requirements. Each of our packages includes a 20-hour course.
Premier Plus
✓10-day training program with a live
instructor
✓Prep xL exam prep tool
✓Pass guarantee
✓$50 rebate upon completion
✓Includes any applicable state elective
Premier
✓7 or 14 day access
✓Online instructor-led course
✓Text or video format
✓Prep xL exam prep tool
✓Includes any applicable state elective
Standard
✓7 or 14 day access
✓Online instructor-led course
✓Text or video format
Shop pre-licensing courses by
state
Available course formats
Learn concepts faster
by choosing a format that best suits your learning style.
Online instructor-led courses
This format is a structured course with a designated start and
end date, providing a clear timeframe for you to complete the material. We offer
both text and video formats. You can choose to read through the course content
or watch as an instructor guides you through it.
Learn more
Online self-paced courses
These courses are entirely self-paced, allowing you to start
and finish at your convenience. You’ll progress independently through mortgage
curriculum, learning at your own speed without instructor assistance.
Learn more
Webinars
Our fast-paced webinars are led by live instructors, giving
you the opportunity to engage and ask questions.
Live classes
Our in-person classes
offer face to face learning and are taught by our expert mortgage instructors.
Not sure what you need?
Try our course selector! Select the state(s) you
want to get licensed in and we'll show you exactly what courses are required.
Important things to know
about
pre-licensing education for MLOs.
MLO license requirements
The NMLS (Nationwide Multistate Licensing System) requires that all MLOs
comply
with the SAFE
Act (The Secure and Fair Enforcement for Mortgage Licensing Act), which requires prospective
MLOs to
meet national PE requirements on their way towards obtaining an NMLS license. Students are
required to:
Complete at least 20 hours of NMLS-approved mortgage
education
Many states require more hours of state-specific training in addition to the
nationally-required 20 hours. Make sure to reference our state requirements dashboard to find your state’s
exact
requirements.
Find the right package
Obtaining a license is challenging,
but selecting your education shouldn't be. We've done the legwork for you to bundle licensing
and exam prep designed to help you prepare for the NMLS exam. Simply select any states you wish
to be licensed in and select an NMLS-approved new license package based on your lifestyle,
aspirations, and budget.
Get answers to the most frequently asked questions
about mortgage pre-licensing training.
Every states requires 20 hours of NMLS-approved pre-licensing education.
A
handful of states require education specific to the state. To find out how many hours you
are
required to take of pre-license training, use our Smart Search course
selector, which
will allow you to
enter the states you wish to be licensed in and will show you the exact courses to take to
meet
the minimum hourly requirements for the states you have chosen.
Our 20 hour SAFE mortgage course consists of five modules that align
with the
national mortgage loan originator test content outline. The modules are as follows:
Federal
Laws, Mortgage Knowledge, Origination Activities, Ethics and Uniform State Test Content.
For a more in-depth overview of
what expect, see our frequently asked
questions.
After you have completed your pre-licensing course(s), you’ll need to
schedule an appointment to take the national license exam through your NMLS account. All
information about this test can be found on the
NMLS website.
This is now a good time to explore exam prep tools that can help you prepare for and
gain the
confidence needed to pass the NMLS exam the first time.
Yes, our most popular tool, Prep
xL, is 5-star rated and designed to help you pass the NMLS exam the first time.
We
recommend working through Prep xL in tandem with your pre-licensing training as it
provides
tailored study plans and personalized analytics to help you study smarter, not harder. We
also
offer a webinar
that
provides the opportunity for students to ask questions and have them answered by
industry-experts who have taken the exam. Learn more about our exam prep
solutions.
Overview of Prep xL
NMLS is the Nationwide Multistate Licensing System responsible for
administering initial MLO license applications and pre-licensing requirements along with
the
ongoing continuing education requirements needed to maintain mortgage licenses. Each
prospective
mortgage loan originator must obtain an NMLS number/create an account with the NMLS as a
first
step towards becoming a mortgage loan originator. Visit the NMLS
website to learn more.
Follow this link to create an NMLS number. It only takes a few minutes
to
register.
Having an NMLS license means that you are a licensed MLO, or Mortgage
Loan
Originator. As an MLO you are the main point of contact for homebuyers who are looking to
obtain
a mortgage or who want to refinance an existing mortgage. As a licensed MLO, your job is
to
educate and guide borrowers through the loan process from application to closing. You
present
buyers with loan options that will work within their budget requirements to help them get
approved. You’ll also coordinate with other mortgage professionals to obtain all
information
required as part of the application and will oversee the entire mortgage loan process as
it
progresses from beginning to end.
There are several steps you’ll need to take in order to obtain a
mortgage
loan officer license.
Step 1: Obtain an NMLS number / create an account
Step 2: Complete the minimum 20 hours of pre license education plus any
state
specific education requirements for the state(s) you want to get licensed in
Step 3: Sign up for and pass the NMLS exam (also known as the SAFE MLO
test)
Step 4: Apply for your NMLS license in desired states
The time it takes to become a mortgage loan officer is largely dependent
on
your schedule and how much time you can dedicate to completing the pre-license training
requirements. We offer the national 20 hour course in both a 7-day
session and a 14-day
session. Timing also depends on how long it takes to pass the required NMLS exams,
background
checks and credit checks. On average, you can expect the process to take about 6 weeks,
but that
will vary for each individual depending on the specific license requirements for the
state(s)
they want to be licensed in.