North Carolina Mortgage License Requirements
Learn about the North Carolina mortgage education requirements for mortgage licensing.
In the state of North Carolina, mortgage loan originators are required to:
- Complete a Criminal Background Check (CBC).
- Authorize a credit report through the NMLS.
- Fulfill all state and federal education requirements as designated by North Carolina.
- Take and pass a National Test.
- Applicants must be at least 18 years of age.
North Carolina NLMS Pre-Licensing Education Requirements:
New state-licensed MLOs are required to complete 24 hours of NMLS-approved education. This includes:
- 3 hours of federal law
- 3 hours of ethics
- 2 hours of non-traditional mortgage lending
- 12 hours of electives
- 4 hours of North Carolina state-specific education
Note: PE education is valid for 3 years preceding date of application. If license terminates, a new application is required and will be reviewed for compliance with PE education.
North Carolina 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 North Carolina 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.
North Carolina Mortgage Licensing: More Information
- North Carolina Commissioner of Banks Office
- Phone: 919-733-3016
- Email: mlo@nccob.gov
- Website: www.nccob.gov/public
NMLS Resources:
- North Carolina MLO License Description Page
- Professional Standards: Mortgage Education
- Professional Standards: Criminal Background Check
- Professional Standards: Credit Report
- Professional Standards: MLO Testing